NEW YORK, NY--(MARKET WIRE)--Jan 15, 2009 -- As finance hiring budgets shrink, the pool of qualified job seekers expands and finance companies' need for the best and brightest talent continues to grow, OneWire is today launching the first online career and recruitment management tool that precisely and efficiently connects finance professionals and companies. OneWire, available at www.onewire.com, helps candidates achieve career goals, and enables hiring managers and recruiters to precisely and immediately connect with the most qualified finance professionals, reducing expenses, wasted time and inefficiencies.

"The current recruitment process is time-consuming, inefficient and expensive, resulting in poor matches, wasted time and frustration on both ends," said Skiddy von Stade, Chairman of OneWire. "OneWire is tackling this problem head-on with a breakthrough online career and recruitment management tool that precisely and efficiently connects finance professionals with companies."

OneWire enables financial firms to directly and immediately connect with a pool of highly relevant candidates for any job based on the firm's precise search criteria, which can include work experience, education, languages spoken and other specific information. OneWire makes the connection without revealing any information about the candidate except how they score against the firm's search criteria. The candidate decides how and when to reveal their profile.

Helping Finance Professionals Connect and Achieve Career Goals

For finance professionals, OneWire is a career management tool that represents a significant advancement over old-fashioned job sites where candidates upload a basic resume, enter a general search term and comb through page after page of mostly non-relevant job postings. In contrast, OneWire enables finance professionals to quickly and easily build extremely comprehensive profiles that detail every facet of their experience, education, interests and career goals, while enabling them to actively manage their careers over time, from beginning to end.

Once a profile has been created on OneWire, it is searchable by finance firms looking for a prospective candidate that matches a highly detailed search query. The candidate's information is kept completely confidential. Only a percent score against the search criteria, and nothing else, is disclosed about the candidate until they opt to reveal their profile to the hiring firm. If the candidate is not interested in the position, they can ignore the inquiry and remain totally anonymous, or refer a colleague and potentially receive a cash referral reward or "bounty."

Helping Finance Firms Find the Best Candidate

For hiring managers and recruiters at finance firms, OneWire provides control, visibility and efficiencies by providing the firm's hiring manager with tools to efficiently and effectively administer the recruiting process on one application. The dated practice of attempting to match job opportunities to hundreds of resumes captured via traditional job boards is time-consuming and ineffective. OneWire leverages searchable, highly detailed candidate profiles to enable finance firms to quickly and easily find the best candidate based on education, experience, skills, career goals, interests and much more. For example, if the ideal candidate is a west coast-based asset manager with a 3.7 or higher GPA from a top-five business school that speaks Mandarin Chinese and has been more than 75 percent focused on the energy industry, OneWire can find candidates that closely match this criteria. Once relevant candidates are found, OneWire enables a firm to manage all communication, scheduling and other recruiting functions within one application.

OneWire dramatically reduces hiring costs, and saves finance firms valuable time as they will immediately connect with the most appropriate candidates for any specific job opportunity. As OneWire is a place where any finance professional, whether currently employed or not, can build a profile and manage their career, finance firms gain access to the best and brightest talent in the market.

"There are a myriad of traditional job and business networking sites that claim to have varying degrees of focus on the financial job market, but only OneWire delivers the market expertise, advanced tools and comprehensive offering that takes hiring and career management in finance to the next level," said von Stade. "OneWire has deep ties to the financial industry and was created by HR, technology and finance experts to maximize the effectiveness and value that we provide to finance professionals and firms, especially in such a dramatically changing marketplace."

About OneWire

Founded in 2008, OneWire is the first online career and recruitment management tool that precisely and efficiently connects finance professionals and companies. OneWire helps candidates achieve career goals, and enables hiring managers and recruiters to precisely and immediately connect with the most qualified finance professionals, reducing expenses, wasted time and inefficiencies. For more information, please visit www.onewire.com.