GBTA releases travel risk management assessment tool

The GBTA Foundation — the education and research arm of the Global Business Travel Association — has launched its new Travel Risk Management Maturity Model (TRM3â„¢) Self-Assessment Tool, the company said.

The update to the TRM3 tool was created in partnership with iJET International thanks to a special task force of GBTA members and industry experts.

The new tool is a major update over the current TRM3 tool in place and now assesses each key performance area of a travel risk management program in greater detail and also provides specific recommendations to help companies take their program to the next level. The TRM3 can help guide efficient, effective improvement across multiple process disciplines within an organization — legal, HR, travel, safety, security and business continuity.

iJET International (iJET) provides intelligence-driven, integrated risk management solutions that enable multinational organizations to operate globally with confidence. Founded in 1999, iJET is a privately held company headquartered in Annapolis, US with regional offices in London and Singapore and country offices in Japan, India and Germany.

The GBTA Foundation is the education and research foundation of the Global Business Travel Association (GBTA), a business travel and meetings trade organization headquartered in the Washington, D.C. The Foundation was established in 1997 to support GBTA´s members and the industry as a whole. As the leading education and research foundation in the business travel industry, the GBTA Foundation seeks to fund initiatives to advance the business travel profession.