Allowing the rapid exchange of baseline due-diligence information and transparency
FOR IMMEDIATE RELEASE – Ft. Lauderdale, FL – June 29, 2015 – FAM International, a leading international security risk management company today announced becoming a member of TRAC, standing for TRACE Registered Access Code, a platform that enables the rapid exchange of information.
Founded by global security expert Brian Leek, FAM International has served many Fortune 100 companies, international government, and other at-risk-individuals in over 116 countries. FAM can now enhance compliance by enabling multinational companies to quickly and reliably verify third parties’ ownership, address, length of time in business and other compliance details quickly and reliably, including entity names and associated individuals being screened against government sanctions lists.
FAM’s continuous improvement in dealing with multinational companies and individuals seeking solutions for basic screening of suppliers overseas, TRAC acts as a vetting tool of potential affiliate parties. FAM is committed to commercial transparency.
“Becoming a member of TRAC allows us to focus more on what’s important to our clients, security” said Brian Leek, CEO FAM International. “TRAC sanctions the compliance efforts, while ensuring transparency throughout businesses, including our business partners”, added Leek.