TransUnion announced that it has acquired an equity stake in D&B Predictive Sciences and Analytics Private Limited (D&B PSAPL). The company, whose shareholders are D&B SAME and D&B International, will be renamed D&B TransUnion Analytic and Decision Centre.  The venture will provide advanced analytics, decisioning and IT services throughout the Asia-Pacific region and will contribute to TransUnion's global generic and custom model development.  Terms of the deal were not disclosed.

TransUnion brings its expertise and resources to the already established analytic practice of the company, where it enjoys critical mass and a significant well-respected talent pool.   This venture also represents TransUnion's further commitment to the region where it is the technology provider to, and a shareholder in CIBIL, India’s first credit reporting company, and is the creator of the country’s first generic scoring model, introduced with CIBIL in November.

“Asia-Pacific and more specifically India are important territories for our customers and TransUnion, representing tremendous growth and opportunity,” said TransUnion’s Mike Kiyosaki, executive vice president, Analytic and Decision Services.  “This strategic partnership allows us to combine our talent and resources, and deliver global solutions tailored to the dynamics and needs of the region.”

“D&B PSAPL has a rich history in this region, delivering advanced commercial decision support services,” said Rajesh Mirchandani, CEO, Dun & Bradstreet South Asia Middle East Ltd.  “With TransUnion as a partner, we will be greatly extending our resources, level of expertise and breadth of services, benefiting the markets and customers we serve.”  

Along with data-driven consulting services, the combined capabilities of the center will provide enterprise-wide decisioning technologies, data management solutions and advanced analytics and decisioning in the areas of

Sourced From: LINOpinion - The Lintas Public Relations Division