TransUnion opens technology hub to aid global operations

Credit information firm’s offshore unit to develop products

June 14, 2018 10:20 pm | Updated 10:20 pm IST - CHENNAI

Mohit Kapoor

Mohit Kapoor

TransUnion opened its first Global In-house Centre (GIC) in the city, which is aimed at supporting the U.S.-based credit information company’s operations worldwide.

“This GIC, the first offshore technology hub for the company, will play an active role in driving TransUnion’s growth and innovation agenda,” said Mohit Kapoor, Chief Information and Technology Officer — Global Technology Corporate, TransUnion.

“It will serve as a cutting-edge facility to support TransUnion’s operations across all lines of business and support functions.” The GIC would help cut TransUnion’s reliance on third party resources, boost its ability to quickly address market opportunities, and ensure a development process and culture aligned to the firm’s beliefs, Mr. Kapoor said.

Housed at DLF Cyber City, Chennai, the GIC would build products for global consumption, he said. Observing that India had emerged as a top destination for innovative technology and R&D centres, Mr. Kapoor said, “expanding our technology presence in India is a strategic move.”

‘Investing in people’

The GIC employs 250 people now and the plan is to raise headcount to 500 by the year end and 900 in future.

“Our investment is into people,” said Piyush Sanghani, VP global technology, TransUnion. “This GIC will get ready for the future by focussing on information security, full IP control, analytics, product development and innovation.”

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