TRANSUNION LAUNCHES NEW INDEPENDENT TECHNOLOGY COMPANY – CORDANCE TECHNOLOGIES

New company provides advanced supply chain services for financial institutions

Orlando, Oct. 24, 2005 – TransUnion today announced the launch of an independent technology company known as Cordance Technologies, Inc.  The announcement was made in Orlando at the Mortgage Bankers Association’s 92nd Annual Convention & Expo.  The new enterprise leverages advanced workflow automation, powerful analytics and decisioning technologies to streamline supply chain management functions for financial institutions.

Cordance Technologies will serve mortgage lenders and other industries that have significant supplier network dependencies. The company launches at a time when these industries are seeking better ways to handle multi-vendor strategies due to product complexity, Sarbanes-Oxley and concerns regarding business continuity and disaster recovery.

The launch of Cordance Technologies was prompted by the desire of TransUnion’s customers to apply the company’s pioneering decisioning technology, called ePolicy^®, to their entire supply chain of settlement services.  Along with the availability of ePolicy, the Cordance platform offers automated selection capabilities, allowing a lender to use the historical performance of a particular service provider to drive future work allocation.

“We saw an opportunity to develop a vendor-agnostic portal solution to improve our customers’ business processes and we seized it,” said Rich Lynch, president, TransUnion Real Estate Services.  “As more and more industries realize the power of data and analytics to improve traditional processes, we believe the demand for our services will grow exponentially.  By leveraging the rich technology and analytic resources at TransUnion, we are in prime position to give lenders a value-added product that truly meets their business needs.”

One early customer of Cordance Technologies is SunTrust Banks, Inc.  “Cordance Technologies’ management platform allows us to incorporate our specific lending rules and guidelines into an automated system for selecting the appropriate underwriting products for a given transaction,” said Jeff Hooper of SunTrust.  “In addition to increasing the speed and accuracy of our processes, we are closing loans faster and cheaper, which in turn is leading to higher customer satisfaction rates.”

The managing director of Cordance Technologies is Brian O’Connor, a former executive at TransUnion.  “High-performing companies understand that in today’s demanding marketplace, offering their customers competitive pricing and rapid service takes enormous energy and focus,” said O’Connor.  “Rather than attempt to achieve everything independently, Cordance Technologies allows lenders to automate and integrate their supply chain management functions to address these operational imperatives.”

For more information, stop by booth 303 at the Mortgage Bankers Association's Annual Convention & Expo or contact Jason Nierman at jnierma@transunion.com.

About Cordance Technologies

Cordance Technologies is a wholly owned subsidiary of TransUnion Real Estate Services.  The company blends technology, supply chain management expertise, reporting and analytics, and consulting services in new ways to create competitive advantage, optimize performance and deliver new sales avenues for business customers.

About TransUnion

TransUnion is a leading global information solutions company that customers trust as a business intelligence partner and commerce facilitator. TransUnion offers a broad range of financial products and services that enable customers to manage risk and capitalize on market opportunities. The company uses advanced technology coupled with extensive analytical capabilities to combat fraud and facilitate credit transactions between businesses and consumers across multiple markets. Founded in 1968, Chicago-based TransUnion employs 4,100 associates that support clients in more than 30 countries. Visit us at Transunion.com.

TransUnion delivers its real estate services through its subsidiary, TransUnion Settlement Solutions, a premier provider of best-in-class information and process management solutions to the residential lending industry. For more information about TransUnion Settlement Solutions, visit TransUnionSSI.com or call 1-888-299-8787.

Graphics and/or photographs to accompany this release can be obtained by members of the media by contacting Jason Nierman (jnierma@transunion.com) at 312-985-3059 or Cliff O'Neal (coneal@transunion.com) at 312-985-2540.

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