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(E) Newly Established Croatia Credit Bureau to Use CRIF Technology
By Nenad N. Bach | Published  10/31/2005 | Business | Unrated
(E) Newly Established Croatia Credit Bureau to Use CRIF Technology


Newly Established Croatia Credit Bureau

to Use TransUnion CRIF Technology

October 31, 2005 09:05 AM US Eastern Timezone

CHICAGO & ZAGREB, Croatia--(BUSINESS WIRE)--Oct. 31, 2005--TransUnion CRIF Decision Solutions,
announced today that HROK, Croatia's first bank-established credit bureau will use its International Credit Reporting
System (iCRS) to manage its operations. iCRS is TransUnion's proprietary, state-of-the-art technology designed for
emerging credit markets and bureaus. TransUnion CRIF is a joint venture company by TransUnion and CRIF, continental
Europe's leading market player in the credit reporting and decision support systems segment. Together, TransUnion and
CRIF are the largest owners or operators of credit bureaus worldwide.

Based on a common web framework, iCRS is extremely scalable and flexible, allowing developers to modify and adjust
components of the system to meet needs of the bureau and the country in which it operates. The system was built using
some of the best technology and processes from around the globe in countries where TransUnion and CRIF operate,
including the U.S., Canada, Hong Kong, Italy and throughout continental Europe.

"The beauty of iCRS for international bureaus is that it removes redundancies in processing of credit information and
eliminates the need to support disparate technologies," said Larry Howell, president of Europe and Asia, TransUnion.
"Additionally, enhancements made to the iCRS in one country can easily be shared across borders, allowing developers
throughout the world to take advantage of new technology and processes for their respective bureau."

HROK in Croatia marks the third deployment of iCRS in this year, with the first two being Thailand and Russia. "We look
at the deployment of iCRS for HROK as the first of many steps we can take together to bring additional services and
technology offerings to this market," said CRIF's Fabrizio Fraboni, director, international division. "Moreover, we are
very proud to contribute to the development of retail banking market in Croatia, making possible a future growth of credit
risk management culture, which will be a benefit for both lenders and consumers."

Founded by 20 Croatian banks under the auspices of the country's banking association, HROK represents more than 90
percent of the retail banking market.

About CRIF

Established in Bologna (Italy) in 1988, CRIF is an international group specialized in the design, development and
management of credit reporting and decision support systems for the retail credit markets. CRIF provides an integrated
range of information, scoring models, management solutions, software, consultancy and worldwide business information
systems providing support to banks, financial institutions, insurance and telecommunications companies in every phase of
the customer relationship cycle. From strategic planning, to acquisition and portfolio management, to debt collection. Visit
us at

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 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

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


Clifton M. O'Neal, 312-985-2540


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