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ICTTM and West London Chambers of Commerce Sign MOU to Empower Local Businesses with Advanced Trade Tools

March 13, 2024

London, United Kingdom – March 13, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is pleased to announce a new Memorandum of Understanding (MOU) with the West London Chambers of Commerce. This partnership will revolutionize local businesses’ global trade engagement by providing unprecedented access to foreign trade data and analysis through ICTTM’s ADAMkyc and ADAMftd tools.

This collaboration underscores a mutual commitment to fostering business growth and sustainability within West London’s vibrant economy. By leveraging ICTTM’s advanced tools for trade data analysis, market forecasts, supply chain mapping, KYC compliance, and GDPR-compliant contact data sourcing, West London Chambers of Commerce aims to equip its members with the resources they need to navigate the complexities of international trade effectively, empowering their business development and growth.

Lord JD Waverley, a distinguished board member of the ICTTM, expressed his enthusiasm for the partnership, stating, “Our collaboration with West London Chambers of Commerce is a testament to our dedication to enhancing global trade practices. By providing access to our ADAMkyc and ADAMftd platforms, we are setting a new standard for trade transparency and efficiency that will greatly benefit the local business community.”

Mr. Alan Rides, CEO of the West London Chambers of Commerce, added: “As the Department of Business and Trade encourages us to expand export markets with new FTAs, our Chamber hosted 20 international trade events last year and 7 by February, focusing on frontier markets. Understanding your customers fully in these mostly new markets is paramount, with increased KYC and DD scrutiny from banks etc, so giving our exporters access to these powerful data analytics tools via this MOU with ICTTM is incredibly timely. We are sure that these new links will give the surety needed to trade securely, and confidently so to deliver growth.”

West London Chambers of Commerce, building on a legacy that began in 1908, serves as a dynamic and unifying force for businesses in West London. With a history of fostering economic growth and innovation, the Chamber supports businesses of all sizes, from new start-ups to established enterprises, providing them with the tools and resources necessary to thrive in a competitive marketplace. The Chamber’s commitment to smart city thinking and sustainable development positions it as a pivotal player in the region’s economic prosperity.

The International Centre for Trade Transparency & Monitoring is at the forefront of promoting transparency and compliance in international trade. Specializing in technological innovation, ICTTM’s ADAMkyc and ADAMftd platforms offer businesses essential tools for comprehensive trade data analysis, supply chain mapping, and KYC compliance, ensuring a transparent, secure, and efficient global trade environment.