Powerchex managing recruitment risk

JUNE 2010

www.powerchex.co.uk

Exciting news! Powerchex is going global (but staying local)...


Exciting news!

Powerchex is going global (but staying local)...

In 2008, Powerchex started a relatively informal working arrangement with a Californian pre-screening company called HireRight, working as the UK arm of their operations. Our relationship with HireRight has grown over the past few years, and we have now decided to make our relationship official by joining the HireRight team.

Alexandra Kelly

I would like to take this opportunity to thank each and every one of you who has played a part in the Powerchex story so far. We would not be where we are today without the valued support, custom, and above all friendship of all of those who have known and worked with us over the past 5 years.

I promise that the Powerchex team will continue to provide the very best levels of service, support and assistance that all of our valued clients have become accustomed to, of course now with the additional benefits that being part of the HireRight family will bring.

My very kindest regards,

Alexandra Kelly

So, what is going on?

Since its inception, Powerchex has always gone from strength to strength. From our beginnings in September 2005, with just two staff members and one desk, to landing our first major client in 2006, one of the largest insurance companies in the world, to our current situation with 61 staff and more than 400 financial clients around the world. Regardless of size, we continue to measure our success on your satisfaction.

In 2008, Powerchex began working with global employment screening provider, HireRight, helping to screen candidates with UK backgrounds on behalf of their clients. HireRight selected Powerchex because of our screening expertise in the financial services sector and because they felt we reflected their vision of what exceptional quality and customer service really means.

We are delighted to announce a more formal relationship, as we are now part of the HireRight family. We expect this exciting combination to open up a world of possibilities for our valued clients, in the form of new capabilities, services, and solutions to address just about any screening need. It will also present new opportunities for learning and career growth for Powerchex employees.

Who are HireRight?

HireRight is one of the world's largest screening providers, with nearly 30 years of experience in providing employers with intelligent solutions for smarter hiring decisions. Based in the U.S., they pride themselves on the service they deliver to customers, and in particular their track record of award-winning innovation and customer satisfaction.

HireRight, Inc. is headquartered in Irvine, California, and along with its HireRight affiliates has more than 800 employees worldwide and serves over 28,000 customers including more than 25% of the Fortune 500.

Technology Leadership

HireRight developed the industry's very first Internet-based pre-employment screening application in 1997. Ever since, they have continued to innovate and build on the strengths of their award-winning solutions, and are the undisputed technology leader within the industry. Their software, in its fifth generation, automates an unrivalled proportion of the employment screening process.

HireRight is also among the most experienced pre-employment screening providers when it comes to systems integration. They recognise the need for an integrated workflow and secure data transfer during the recruitment process and work closely with industry recruiting and talent management partners to ensure a seamless and positive customer experience. HireRight currently offers integrations with human resources platforms from Oracle, Taleo, Kenexa, SAP and many more.

This is very exciting opportunity for Powerchex as the business will be able to leverage HireRight's technology expertise to offer customers more value and a broader range of services in the future.

The Powerchex/HireRight Relationship

The relationship with HireRight is expected to deliver positive benefits to customers with little change to how Powerchex operates. Powerchex will continue to operate as it has, servicing clients from our office in London. Background reports will continue to be processed by the same team in the London office, and the Powerchex management team will remain intact, with Alexandra Kelly as managing director.

In short, Powerchex will continue to focus on serving its clients' pre-employment screening needs well, but now, with the support and guidance of a highly experienced industry leader. This means Powerchex can offer customers expanded expertise and solution options without having to compromise the values that have made the business successful.

What will the acquisition mean to you as a Powerchex client? View the official press release A message from Mike Petrullo, CEO HireRight
Awards

Gun Court 70 Wapping Lane London E1W 2RD
tel: 0870 710 3000 / 0207 767 2400 email: info@powerchex.co.uk

www.powerchex.co.uk

HireRight Inc Corporate Headquarters
5151 California Avenue, Irvine, CA 92617
tel: 001 949 428-5800 (outside the UK)

www.hireright.com

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This message was sent by Powerchex Limited, Gun Court, 70 Wapping Lane, Tel: 0870 710 3000 / 0207 767 2436, London, UK, E1W 2RD registered in England & Wales No 05246183.

Powerchex Limited is a wholly owned subsidiary company of HireRight Inc.