London, United Kingdom – June 26, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is proud to announce a strategic partnership with the UK Confederation, a prominent organization dedicated to supporting businesses across the United Kingdom. This Memorandum of Understanding (MOU) marks a significant step toward enhancing trade transparency and providing valuable resources to British businesses.
Under this MOU, members of the UK Confederation will gain priority access to ICTTM’s advanced trade analytics platforms, ADAMkyc and ADAMftd. These platforms are designed to revolutionize trade data analysis, market forecasts, supply chain mapping, and KYC compliance, enabling businesses to navigate the complexities of international trade more effectively.
The Hon. David Wells, Board Chairman of ICTTM, emphasized the importance of this partnership: “Our collaboration with the UK Confederation represents a key milestone in our mission to drive innovation and transparency in global trade. By providing UK businesses with access to our state-of-the-art platforms, we are empowering them with the insights and tools needed for success in the international market. This partnership underscores our commitment to fostering a more efficient and effective global trade ecosystem.”
Stefano Potorti, President of the UK Confederation, shared his enthusiasm about the partnership: “We are excited about this partnership with ICTTM as it opens up significant opportunities for our members. Access to advanced platforms like ADAMkyc and ADAMftd will provide our businesses with critical insights and tools to enhance their trade operations and compliance measures. This collaboration not only strengthens our support for UK businesses but also fosters a more transparent and efficient international trade environment. We look forward to the positive impact this will have on our members and the broader trade community.”
About the UK Confederation
The UK Confederation is a leading organization dedicated to promoting and supporting businesses across the United Kingdom. By providing resources, advocacy, and networking opportunities, the UK Confederation helps businesses to grow, innovate, and succeed in both domestic and international markets.
About the International Centre for Trade Transparency & Monitoring (ICTTM)
The International Centre for Trade Transparency (ICTTM) is in the advanced stages of developing ADAMftd (Advanced Data Analytics and Modeling for Foreign Trade Data). This AI-driven platform is set to transform international trade by offering users exceptional insight and transparency into global supply chains. ADAMftd’s innovative software will grant businesses and governments direct access to a wealth of information, empowering them to make informed decisions and accurately predict market trends.
Leveraging billions of historical and real-time trade data points, ADAMftd can forecast future trade dynamics. The platform will provide detailed data on customers and competitors, including pricing, transaction history, supply and demand metrics, and predictive analytics. Additionally, ADAMftd will support supply chain modeling and authentication, helping over 300 million businesses worldwide comply with emerging global supply chain regulations.
