News

ICTTM and Asian Exporters Chamber of Commerce & Industry Forge Partnership to Empower Global Trade Innovation

March 19, 2024

London, United Kingdom – March 19, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is proud to announce a strategic partnership with the Asian Exporters’ Chamber of Commerce and Industry (AECCI). Signed on Friday, this partnership is set to empower exporters and importers across India with ICTTM’s innovative trade and supply chain data platforms, ADAMkyc and ADAMftd, aimed at revolutionizing trade data analysis, market forecasts, supply chain mapping, and KYC compliance.

This collaboration underscores both organizations’ dedication to fostering transparency and efficiency in international trade. By providing AECCI’s members with priority access to ICTTM’s platforms, the partnership aims to streamline export and import processes, compliance with supply chain transparency requirements, and aims to enable businesses to thrive in the increasingly competitive global marketplace.

The Hon. David Wells, Board Chairman of ICTTM, expressed his enthusiasm for the partnership, stating, “We are pleased to collaborate with the Asian Exporters’ Chamber of Commerce and Industry. This MOU is a significant milestone in our mission to enhance global trade transparency and efficiency. By equipping AECCI’s more than 1500 members with our state-of-the-art tools, we are not only supporting their growth but also contributing to the broader goal of creating a more connected and streamlined international trade environment.”

Ms. Tehrim Mulla, Executive Director of AECCI, added, “This collaboration marks a significant step forward for our members. Under the invaluable guidance of our Hon. Chairman, Shri Jaheer Bukhari, Our Chamber envisions a robust and prosperous economy. By leveraging ICTTM’s innovative platforms, we aim to empower exporters and importers across India with the tools they need to thrive in today’s global marketplace. Together, we foster transparency, efficiency, and growth in international trade. This partnership will significantly advance AECCI members and the broader business community.

The Asian Exporters’ Chamber of Commerce and Industry supports the growth and development of exporters in Asia.AECCI plays a crucial role in advocating for exporters’ interests, facilitating international trade relations, and providing its members with the resources and support needed to succeed on a global scale.

The International Centre for Trade Transparency is currently developing ADAMftd (Advanced Data Analytics and Modeling for Foreign Trade Data), a platform powered by artificial intelligence that aims to revolutionize international commerce by providing users with unparalleled insight and transparency into global supply chains. This innovative software application will provide direct end-user access to a plethora of information for businesses and governments to make informed decisions and predict market trends.

ADAMftd utilizes the billions of historical and real-time trade data points to forecast the future of trade. With our platform, businesses will have access to customer and competitor data, including paid prices, transaction history, supply and demand data, and forecasting capabilities. In addition, ADAMftd will facilitate supply chain modeling and authentication, enabling over 300 million businesses worldwide to comply with new global supply chain regulations.