Thornburg Investment Management® www.thornburginvestments.com is an employee-owned investment firm that manages eight fixed income and six equity mutual funds which are also available to institutions and individuals as separate accounts.

Thornburg Securities Corporation® is an NASD broker-dealer member firm that distributes Thornburg Investment Management® mutual funds.

Thornburg Mortgage®, Inc. (NYSE: TMA), www.thornburgmortgage.com is a single-family residential mortgage lender focused principally on the jumbo segment of the adjustable rate mortgage market.

The Thornburg Companies employ over 700 professionals and are based in Santa Fe, New Mexico. While Thornburg Investment Management®, Thornburg Securities Corporation® and Thornburg Mortgage® are separate companies we use the term Thornburg Companies for simplicity in describing the work force of all Thornburg employees.

Previous Business and System Challenges

• Paper-based manual efforts
• Needed automated reporting capabilities

Why Workday?

• Viewed Workday as new technology; viewed others as old technology with new front end
• Self-service features that facilitate people processes to support business functions
• Migrate HR to a paperless environment and reduce process time
• Capability to provide on-demand access to stakeholders when and where needed
• Commitment to customer service
• Ability to integrate with ADP and Benefits providers via the Workday Carrier Exchange