TransUnion Introduces TruIQ Analytics Studio to Help Businesses Make Better Decisions with Nimble, On-Demand Data and Analytics Experience
17 Mai 2023 - 2:12PM
One in five data and analytics decision-makers cite the inability
to process big data and act on it at the speeds needed by
operations, businesses and customers as a top challenge in
executing their vision.1 To ease those concerns, TransUnion (NYSE:
TRU) today unveiled TruIQ™ Analytics Studio, a powerful data
science and analytics solution providing businesses with on-demand
access to its rich datasets.
Within TruIQ Analytics Studio, data science and analytics teams
can leverage code templates and TransUnion expertise. They can
rapidly explore and mine data, as well as develop models then
deploy in an environment of their choice. It also allows customers
to build and train machine learning models with fully managed
infrastructure, tools and workflows.
“The global credit market is shifting with rising interest
rates, high inflation and other factors resulting in evolving
consumer behaviors. To address these changes and remain
competitive, organizations need to be able to make the right
decisions about their customers as quickly as possible,” said
Venkat Achanta, Chief Data & Analytics Officer, TransUnion. “To
support this pace, businesses – including small, mid-sized and
large lenders – need faster access to data, and more importantly,
faster model development and deployment to generate insights from
the collected information.”
The solution offers benefits to data and analytics teams that
are especially relevant today, including:
- Speed to market – data scientists and other
users can utilize a single integrated source to access all relevant
proprietary TransUnion data and tools that streamline processes and
accelerate model development.
- Better models – designed to enable higher
quality models, leveraging code templates, TransUnion’s proprietary
data and the expertise of hundreds of data scientists via the
company’s superior analytics consulting services.
- Competitive costs – pricing is driven by
specific usage and needs versus higher costs traditionally
associated with big box/one-size-fits-all software.
- Less friction – open and flexible cloud-based
environment allows for easy movement of data and models between
systems, giving users ability to take the data back into their own
systems.
TruIQ Analytics Studio leverages Amazon SageMaker Studio, which
helps enable TransUnion internal users and external customers to
take advantage of rapid data exploration capabilities and deploy
machine learning models securely and at scale.
“TransUnion and AWS share a commitment to helping financial
services organizations modernize and transform to meet and exceed
customer expectations through access to technologies like machine
learning and analytics,” said Scott Mullins, managing director,
Worldwide Financial Services at AWS. “We look forward to continuing
to support TransUnion as they accelerate time to insight, enable
access to rapid data exploration capabilities and fast model
development which enables more informed decision making for their
customers.”
Read more about TruIQ Analytics Studio here.
About TransUnion (NYSE:TRU)
TransUnion is a global information and insights company with
over 12,000 associates operating in more than 30 countries. We make
trust possible by ensuring each person is reliably represented in
the marketplace. We do this with a Tru™ picture of each person: an
actionable view of consumers, stewarded with care. Through our
acquisitions and technology investments we have developed
innovative solutions that extend beyond our strong foundation in
core credit into areas such as marketing, fraud, risk and advanced
analytics. As a result, consumers and businesses can transact with
confidence and achieve great things. We call this Information for
Good®—and it leads to economic opportunity, great experiences and
personal empowerment for millions of people around the
world.
http://www.transunion.com/business
Contact |
Dave Blumberg |
|
TransUnion |
Email |
david.blumberg@transunion.com |
Telephone |
312-972-6646 |
1 Forrester, Best Practice Report, “Maximize Curiosity Velocity
To Improve Your Data Culture,” March 7, 2023.
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