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TransUnion Partners with Carahsoft to Fortify Public Sector

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TransUnion (TRU - Free Report) recently collaborated with government IT solutions provider, Carahsoft Technology Corp., to enable delivery of its investigative and risk management tool, TLOxp, to the public sector. The company will also offer its identity authentication and verification solutions to NASA Solutions for Enterprise-Wide Procurement contracts.

Ranked among the top government contract holders, Carahsoft is a government aggregator for many of the top technology companies. It also works toward helping government agencies select and implement the best solutions at the best cost.

TransUnion will work in collaboration with Carahsoft to prevent cyber fraud with its integrated identity management tools that provide digital verification and ID authentication, along with its identification of digital behaviors indicative of cyber fraud. Carahsoft has a rich ecosystem of reseller partners, offering government agencies authoritative resources for both locating and researching connections to help prevent instances of cyber crime by identifying suspicious behavioral patterns.

The company’s investigative and risk management tool, TLOxp offers government agencies a 360-degree view of vendors, businesses and individuals by gathering information, and combining current and historical information. This enables agencies authenticate identities, detect fraud, reduce financial losses, and protect the interests of its citizens. This tool will be available in Carahsoft's GSA Schedule 70.

TransUnion has outperformed the Zacks categorized Business - Information Services industry, with a return of 3.9% as against a negative return of 1.5% for the latter, over the last one month. TransUnion is focused on organic growth to enhance its portfolio. These initiatives will help the company boost its top line, going forward.

Headquartered in Chicago, IL, TransUnion is a consumer information services firm that offers data and analytics solutions, particularly in credit risk management. The company is one of the three largest credit reporting agencies in the U.S.

What sets TransUnion apart is its distinctive and comprehensive datasets, next-generation technology and its analytics and decision-making capabilities that enable it to deliver insights across the complete consumer lifecycle. TransUnion boasts rich domain proficiency across a wide range of industry verticals, including insurance, healthcare and financial services. It also caters to verticals like wireless, real estate and general commercial/business information.

TransUnion currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the industry include NV5 Global, Inc. (NVEE - Free Report) , Gartner, Inc. (IT - Free Report) and Verisk Analytics, Inc. (VRSK - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

NV5 Global has a long-term earnings growth expectation of 20%. It has beaten estimates thrice in the trailing four quarters for an average positive earnings surprise of 6.9%.

Gartner has long-term earnings growth expectation of 17.3%. It has beaten estimates in each of the trailing four quarters with an average positive earnings surprise of 14.5%.

Verisk has long-term earnings growth expectation of 11.6% and is currently trading at a forward P/E of 24.8x.

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