When it comes to credit building a strong leadership team at a company like TransUnion it is going to take some executives that have integrity and a strong skillset for legal matters. Heather Russell has joined the team at TransUnion, and this connection to this TransUnion business creates a way for the executive team to thrive.
According to crunchbase.com, Russell knows how important it is to have customers that can believe in employees that are handling all of this sensitive data. As part of the executive committee for this company she will have a big part to play in the data privacy and government regulations that govern the way that TransUnion conducts business. As the Chief Legal Officer and Executive Vice President Heather will have quite a job on her hands. It will be pertinent for Russell to exert her experience from years with the Buckley Sandler law firm into her the business practices at TransUnion. This is ultimately where she gained her skills with regulatory affairs and corporate mergers.
TransUnion has a lot of services that are used by the working class and corporate businesses. There is a need for the information that is gathered by TransUnion, and there is also a need to protect the information that is being gathered through the organization. This is where someone like Heather Russell comes into play. She has a vast amount of experience, and she has the desire to make sure that her company is upholding the standards that customers expect when sensitive data is being gathered. It is in her best interest to make sure that TransUnion is able to uphold a solid reputation. That may be one of the best reasons for her to enter into this position. She knows a lot about legal issues, and this makes her the perfect fit for this position. Follow Russell on Twitter.
Additional reading: https://www.bu.edu/law/profile/heather-russell/
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The financial report released by Slyce for the financial year and the fourth quarter ending October 31, 2015, shows the massive growth of this leading visual search company. There are several highlights concerning its business operations and they include the partnership entered into with SHOES.COM which is an online footwear store growing very rapidly. The company will use mobile image recognition platform from Slyce to take pictures of women’s footwear of any kind. Another highlight that year and quarter was when Neiman Marcus started using Slyce technology across all its products.
Slyce and Urban Outfitters entered into an agreement to power the mobile commercial visual search. Another agreement was between Slyce and Shoe Carnival the aim being to integrate the technology from Slyce.
The report also contained the financial update for that quarter and year. The company stopped offering its short-form prospectus. It continued its private placement financing targeting to raise up to $7 million. This was after a lead investor agreed to acquire units of the company worth $5 million. The lead investor started by acquiring $1.6 million in units of the company before acquiring additional $1.9 million. The aggregate subscriptions by the lead investor now stands at $3.5 million. The lead investor is free to acquire more subscriptions.
The report also contains the new developments seeking to improve the company’s core visual offering. New cases for visual search were introduced during that year. From the report however, it is clear that the company focused more on creating a system to ease on boarding through maximizing of integration efforts that are needed by new customers.
The specific achievements in technology included the Universal Scanner which is a new set of products in mobile visual search, Slyce Link which is the company’s proprietary technology solutions, introduction of a full 3D object recognition solution, 2D Content management System to enable the Universal Scanner detect printed media images and Coupon Author as a solution to retailers and agencies while creating optimized coupons.
The financial statements reveal that the total revenue was $1,692,292 up from $89,803 in the previous year. The operating expenses also increased as compared to the previous financial year. Net loss dropped from $17,576,576 in 2014 to $12,069,466.