Friday, October 2, 2009

Growing Number of Financial Organizations Use Halogen Talent Management Systems to Drive High Performance

Growing Number of Financial Organizations Use Halogen Talent Management Systems to Drive High Performance

CUSOURCE Credit Union Knowledge Network Gives “Two Thumbs Up”

Ottawa (PRWEB) November 23, 2009

Halogen Software a leading provider of online talent management software (http://www. halogensoftware. com/products/) has seen increased momentum in sales to financial services firms. The company's Talent Management Suite for Financial Services has been very well adopted and consistently receives high customer satisfaction ratings from clients in this industry. Halogen's continued strong growth among financial organizations confirms that talent management investments in this area, even during periods of economic turmoil, provide a strategic business advantage.

Just a few of the recent financial services customers using Halogen for talent management include: Bank of the Carolinas, BMW Financial Services, CarVal Investors, CommonWealth One Federal Credit Union, First State Bank, Hawaii State Federal Credit Union, Liberty Fund, Mascoma Savings Bank, NASA Federal Credit Union, Northern Credit Union, Northstar Financial Services, Northwest Federal Credit Union, Pawtucket Credit Union, Prospect Mortgage, and Virginia Retirement System.

In recognition of Halogen's strong position in this market, CUSOURCE Credit Union Knowledge Network recently formed an alliance with Halogen, recommending Halogen eAppraisal as the performance management application of choice for its member organizations.

"While CUSOURCE continues to remain focused on providing content and getting the ‘learning to the learner', we are often asked to recommend talent management solution providers. Our due diligence and the due diligence of a number of Canadian credit unions have highlighted the fact that Halogen has a talent manage solution that is ‘best in class'," said Cheryl Byrne, CEO of CUSOURCE Credit Union Knowledge Network.

Clients continue to select Halogen's talent management suite for financial services because it addresses the industry's unique needs. "Halogen truly understands the HR needs of financial services organizations, and their offering has rich content and features that address our requirements – it made our selection process a lot easier," said Leeann Thompson, Manager of Learning and Development with Assiniboine Credit Union. "We expect the solution to save our employees valuable time and we are excited about where we can take our talent management processes from here."

Financial services organizations typically service clients across multiple locations and therefore often have numerous, geographically dispersed offices. Halogen's online talent management offering provides consistency and convenience across all branches and geographies.

"Every step we have taken in implementing our Halogen solution has been seamless and painless," said Phyllis Y. Ziakas, Vice President of Human Resources and Organizational Development with Northwest Federal Credit Union. "Our new system is highly intuitive and provides an exceptional user experience, which will help drive end user adoption. We'll soon have everyone across all our branches aligned to our corporate goals using this system — which is invaluable."

In addition to unifying the performance and talent management processes across branches, Halogen's solution enables organizations to easily gather feedback from secondary managers or supervisors even when they are not located in the same office. Financial services organizations can centralize employee performance and talent management forms (http://www. halogensoftware. com/products/halogen-eappraisal/employee-evaluation-forms/) and processes out of one site, regardless of branch numbers and locations. In addition Halogen's Talent Management Suite for financial services includes a vast industry specific competency library, as well as, coaching and development tips to assist managers in the performance appraisal and development planning process.

About Halogen Software

Halogen Software is recognized as a market leader by industry analysts and is strongly endorsed by the thousands of HR professionals who use its Talent Management solution. The company offers a complete suite of web-based products that automate, simplify and integrate performance appraisals (http://www. halogensoftware. com/products/halogen-eappraisal/), 360 degree feedback (http://www. halogensoftware. com/products/halogen-e360/), compensation management (http://www. halogensoftware. com/products/ecompensation-pay-for-performance/), succession planning (http://www. halogensoftware. com/products/halogen-esuccession/) and learning management (http://www. halogensoftware. com/products/halogen-elms/). Halogen's offering makes HR best-practices accessible to companies of all sizes and its healthcare, financial services and professional services specific suites meet the unique needs of these industries. Halogen is consistently
Recognized by the industry and its customers for its exceptional implementation and support services. Halogen was named a leader in Gartner's Magic Quadrant for Employee Performance Management Software in 2009 and has won multiple awards for its corporate leadership and product innovation, including HR Technology Product of the Year. For more information, visit www. halogensoftware. com.

About CUSOURCE Credit Union Knowledge Network

CUSOURCE is the national learning and development organization for the Canadian credit union system. The Canadian system is comprised of 440 credit unions representing 5 million members and business owners. It has a total asset base of $117B and employs over 24,000 Canadians. Each credit union is an independent business with a unique Board of Directors.

Media contact:
Maggie Patterson
PR Consultant, Halogen Software
T: 613-989-1866

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www. HRmarketer. com) on behalf of the company listed above.

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