TCT
THE COMMODITY TRADERS
COMMODITIES OF THE WORLD
Enhanced Due Diligence (EDD)
Partnering with FERM and Port of Rotterdam to Prevent Fraud
In today's dynamic business environment, robust due diligence is key to staying ahead of fraudulent activities. At TCT, we collaborate with trusted partners like FERM and the Port of Rotterdam to deliver comprehensive Enhanced Due Diligence solutions tailored to your specific needs. Our approach not only identifies potential risks but also implements proactive measures to secure your operations effectively. Discover how our partnership-driven strategy can help safeguard your business and promote long-term success.
Act Now:
Secure Your Trade with FERM & TCT’s EDD Solutions
Your Trusted Partner in Identifying Threats and Safeguarding Global Trade
FERM | Port of Rotterdam continuously updates the Storage Spoofing Blacklist to enhance cybersecurity.
For tailored risk analysis, compliance guidance, and assistance in evaluating trade deals, TCT-GRC’s Enhanced Due Diligence Solutions are ready to help. Contact us at edd@tctrotterdam.com.
Join us today in protecting the integrity of global trade!
Combating Trade Fraud Through Collaboration
Partnering with FERM, Local Police, and the Port of Rotterdam
Our team of seasoned experts works hand-in-hand with FERM, local law enforcement, and the Port of Rotterdam to proactively prevent and combat trade fraud related to storage agreements. We actively alert potential customers about fraudulent schemes that demand pre-payments for documents purportedly validating non-existent tank storage at the port.
In addition, we offer robust verification services to support banks and private companies in their port transactions.
Our tailored solutions include:
-
Product Verification in Rotterdam – Ensuring the authenticity of the products involved.
-
Quality and Quantity Verification with SGS – Leveraging SGS expertise to validate standards and measurements.
-
Owner Verification for Tank Storage – Confirming legitimate ownership details for storage facilities.
-
Contract Verification by Our Compliance/Risk Team – Providing comprehensive reviews to secure your agreements.
TCT-GRC:
Full Strategic Risk Assessment Suite
Empower Your Due Diligence Process
Gain peace of mind with a suite that delivers reliable due diligence reports on your third-party intermediaries. TCT-GRC's Risk Assessment Suite enables you to conduct a comprehensive evaluation of potential risks, ensuring that every facet of due diligence—from compliance with regulatory requirements to the mitigation of reputational damage and prevention of fraud—is thoroughly addressed. By gathering and analyzing essential information about your business partners, our solution empowers you to make informed decisions and safeguard your enterprise effectively.
Enhanced Due Diligence Reports:
Your Strategic Risk Insight
Leveraging TCT-GRC's Comprehensive Risk Assessment Suite
Enhanced Due Diligence Reports (EDDR) are robust analytical documents designed to evaluate the risks associated with potential business partners, customers, suppliers, or investors. Our reports provide an in-depth analysis covering the subject’s background, reputation, financial stability, legal compliance, and social responsibility. Developed with TCT-GRC's Full Strategic Risk Assessment Suite, our process ensures efficient and effective risk management through a structured framework that includes the following steps:
-
Data Collection: Gather critical information from diverse sources such as public records, media reports, databases, interviews, and site visits.
-
Data Analysis: Evaluate the collected data using rigorous criteria—assessing credibility, relevance, reliability, and timeliness—to identify strengths, weaknesses, opportunities, and threats.
-
Data Presentation: Organize the findings into a clear, concise report featuring key insights, risks, recommendations, and supporting evidence like charts, graphs, and tables.
-
Data Review: Conduct thorough quality assurance checks, with senior experts and stakeholders reviewing the report to ensure accuracy, completeness, and consistency.
Empower your decision-making with Enhanced Due Diligence Reports that not only uncover potential risks but also provide actionable insights to safeguard your business’s integrity.
Comprehensive Due Diligence Services
Tailored Solutions for Informed Decision-Making
Our suite of enhanced due diligence services spans a wide range of critical areas, all designed to help manage risk, ensure compliance, and support confident business decisions.
Explore our key coverage offerings below:
-
Consulting Services: Expert guidance tailored to your unique requirements.
-
Project Consulting: Strategic advice to drive successful project outcomes.
-
Port Intel: In-depth analysis of port operations and logistics.
-
Tank Farm Due Diligence: Detailed assessments to verify storage integrity.
-
Product Availability Evaluation: Analysis of tank farm capacity and product availability.
-
Buyers Due Diligence: Comprehensive checks to safeguard buyer transactions.
-
Sellers Due Diligence: Verification and assurance for seller engagements.
-
Cargo Verification: Confirming the integrity and authenticity of cargo details.
-
Refinery Due Diligence: Scrutiny of refinery operations to manage associated risks.
-
Existing Product Verification: Validation of current product information.
-
Product Specification Analysis: Detailed reviews of product specifications.
-
Quality Assurance Verification: Rigorous checks to ensure product standards.
-
Quantity Verification: Accurate measurements to confirm product quantities.
-
À La Carte Due Diligence Services: Flexible, bespoke investigations tailored to your needs.
Our standard scoped reports are available on a pay-as-you-go basis. If you're interested in our Due Diligence Assessment, please reach out to schedule a complimentary consultation. We look forward to discussing your needs and supporting your business goals.