News

International Centre for Trade Transparency Limited (ICTTM) Forges Strategic Partnership with All-Ukrainian Association of Management Consultants “CMC-Ukraine”

July 30, 2023

The International Centre for Trade Transparency Limited (ICTTM) is thrilled to announce its strategic partnership with the All-Ukrainian Association of Management Consultants (CMC-UA). Today, both parties signed a Memorandum of Understanding (MoU) to provide the latter with priority access to the ground-breaking ADAMftd software system developed by ICTTM.

In the final stages of developing the revolutionary ADAMftd software system, ICTTM aims to transform the international trade landscape by enhancing transparency and compliance. The CMC-UA, renowned for its extensive network of Ukrainian companies, is dedicated to expanding market reach and ensuring strict compliance with international trade rules and regulations.

This MoU, effective as of today, signifies a significant milestone in ensuring global trade transparency. It sets the foundation for the CMC-UA and its members to have priority access to the ADAMftd software system, once development is complete. The goal is to boost the economic activity of Ukrainian companies, while aiding in their compliance with international trade rules and regulations, and assisting them in identifying new international markets.

“We are pleased to offer the CMC-UA and its members, priority access to our ADAMftd software system,” said Hon. David M. Wells, Chairman of the Board at ICTTM. “We also look forward to offering comprehensive training and support to facilitate the system’s optimal use.”

In the spirit of this collaboration, the CMC-UA commits to promoting the ADAMftd system among its members and motivating them to provide feedback that will contribute to the continuous improvement of the system.

President of CMC-UA, Olga Trofymova, is optimistic about the partnership, stating, “Our association is committed to fostering growth and compliance among its members. This partnership with ICTTM will undoubtedly catalyse that mission.”

The International Centre for Trade Transparency Limited (ICTTM) stands at the forefront of fostering transparency and adherence to compliance within the realm of international trade. The organisation is deeply engaged in the creation and deployment of innovative AI-driven tools, meticulously designed to analyze and navigate global supply chains.

The ICTTMs sophisticated technology is instrumental in pinpointing various risk factors within supply chains. These include potential areas of fraud, diversions in the supply chain, payment and supplier risks, sanctions liabilities, threats linked to environmental catastrophes, and violations of human rights. Furthermore, ICTTM’s tools extend beyond risk management. They map the complex landscape of supply chains, help companies uncover untapped markets, predict trends in market growth and stability, and determine the specific requirements for products to successfully penetrate diverse global markets.

Through their unwavering commitment to technological advancement and innovation, ICTTM is not only responding to the current demands of global trade but actively shaping its future, ensuring a more transparent, secure, and efficient international trade ecosystem.

The All-Ukrainian Association of Management Consultants (CMC-Ukraine), founded in 2011, serves as a vital platform for advancing the management consulting profession within Ukraine. As an exclusive member of the International Institute of Management Consulting (ICMCI), it connects with 51 international communities of certified consultants. ICMCI, with its global reach and commitment to professional standards, oversees over 8,200 Certified Management Consultants (CMCs) worldwide. Since September 2022, CMC-Ukraine has further extended its influence as a full member of the European Federation of Management Consultancies Associations (FEACO), a federation dedicated to fostering the management consultancy profession across Europe. CMC-Ukraine’s affiliations and activities underscore its dedication to professional development, ethical conduct, and international collaboration within the field.