Decision driven by Cornerstone's Robust Functionality, Integrated Learning Content and OnDemand Delivery Model
Santa Monica, CA - July 6, 2005 - Cornerstone OnDemand, a leading provider of integrated on-demand enterprise software solutions for talent management, today announced that Scottrade, a leading online brokerage, has selected Cornerstone OnDemand to drive its new world-class blended learning initiative. The system will be rolled out to employees in its corporate headquarters and across 232 branch offices. In addition to leveraging Cornerstone OnDemand's robust learning management tools, Scottrade will also utilize the company's integrated course authoring and curricula builder to automate and distribute their own proprietary training courseware.
"Scottrade wants to provide our employees with a solid path for advancement throughout the organization," said Jane Wulf, Director of Human Resources at Scottrade. "Cornerstone OnDemand provides us with a central repository for all of our training programs and documentation, tools to administer it, a method for managing the training process from start to finish, and the means to build our own training content. We're pleased that this solution has seemingly eliminated the time and money investment previously required from our IT department to support our learning management system. Now the IT department has more time to focus on building out our online brokerage services and other business-critical applications."
Cornerstone OnDemand is a fully integrated human capital management system that provides a robust solution with modular applications that can be rolled out in phases for learning management, employee performance management, and succession planning. Its advanced analytics capabilities let users easily create custom reports and analyze data extracted from the modules to manage and monitor workforce performance and more closely align productivity with company business goals.
"High-tech and rapidly growing companies such as Scottrade need a comprehensive human capital management system that is flexible and scalable enough to keep up with them," said Adam Miller, President and CEO, Cornerstone OnDemand, Inc. "Cornerstone's modular design, integrated content, and integrated performance and succession planning tools allow them to deploy rapidly and add the tools they need whenever they need them. And, because we are a pure on-demand application, Scottrade never needs to worry about its software being out of date."
Now in its 25th year, Scottrade (formerly Scottsdale Securities, Inc.) is a leader in online investing and is currently ranked Highest in Investor Satisfaction with Online Trading Services by J.D. Power and Associates (www.jdpower.com). The September 2004 announcement was the fifth consecutive time Scottrade has received the honor. Scottrade.com is the online trading site of Scottrade and offers customers the convenience of placing orders online for just $7 per trade. In addition to its online capabilities, Scottrade staffs each of its 232 branch offices with a licensed branch manager plus additional brokers and assistants.
About Cornerstone OnDemand, Inc.
Cornerstone OnDemand is the only proven provider of on-demand enterprise software solutions for talent management. The Cornerstone OnDemand talent management suite provides fully-integrated solutions for learning management, employee performance management, and succession planning along with over 30,000 online training titles and integrated tools for compliance and analytics. Cornerstone OnDemand's software is used by industry leaders such as Aon, Honda, Pearson, Pitney Bowes, Smith Barney and Washington Mutual to achieve organizational excellence.
For more information, please visit www.cornerstoneondemand.com.
Cornerstone OnDemand, Inc.