TRACE - Global Anti-bribery Compliance Leader - Launches 'TRAC' And Names Top Multinational Companies To TRAC Leadership Group

TRACE - Global Anti-bribery Compliance Leader - Launches 'TRAC' And Names Top Multinational Companies To TRAC Leadership Group PR Newswire ANNAPOLIS, Maryland, Sept. 11, 2012 - First Innovative Marketing & Supply Chain Compliance Tool ANNAPOLIS, Maryland, Sept. 11, 2012 /PRNewswire/ -- TRACE, the global leader in innovative anti-bribery due diligence and compliance solutions, today announced the official launch of its new marketing and supply chain due diligence platform -- TRAC -- and the inaugural members of its TRAC Leadership Group. TRAC -- an acronym for the TRACE Registered Access Code -- is a free global online due diligence platform for supply and marketing chain compliance developed by TRACE. TRAC captures, assesses and shares baseline due diligence information on organizations and individuals and issues universal ID numbers to approved applicants. A TRAC 12 digit code quickly and cost- effectively establishes a TRAC holder's identity, address, information, and screens the TRAC holder's name against international watch lists. It is free for companies to use for baseline compliance tracking. TRAC holders upload key documents to substantiate the information associated with their code and their profile on the TRAC web portal, which costs only $80 per year.