TRACE and StoneTurn Announce Strategic Alliance

28 October 2020 – TRACE, a globally recognized business association dedicated to anti-bribery, compliance and good governance and leading provider of shared-cost third party risk management solutions, and StoneTurn, a global advisory firm that assists companies, their counsel and government agencies on regulatory, risk and compliance issues, investigations and business disputes, today announced a strategic alliance to expand their services through mutual cooperation.

In collaboration with StoneTurn, TRACE will offer its members and clients advisory and investigative services that complement its membership and due diligence solutions to provide companies with a broader range of strategic compliance advisory services.  

StoneTurn clients will have immediate and seamless access to the background screening due diligence services, risk management tools and cost-effective compliance training offered by TRACE. 

“Through this new partnership, TRACE is pleased to supplement its widely respected due diligence and training offerings to members and clients with access to a trusted adviser for complex internal investigations, monitorships and other holistic compliance-related consulting services not offered by TRACE,” said TRACE President Alexandra Wrage.

“With regulatory complexity on the rise, it’s imperative for corporate compliance executives, legal counsel and boards to take a 360-degree view of risk across the organization,” said Stephen Martin, Partner with StoneTurn. “Working with TRACE enables us to offer the full range of appropriately scaled diligence solutions to serve our clients’ compliance requirements—from screening of large numbers of third parties to highly targeted intelligence-led investigations. Our span of capabilities is an important component of how we provide business leaders with dynamic compliance solutions to detect, prevent and deter misconduct across the enterprise.”

Through this strategic alliance, TRACE and StoneTurn are able to provide companies with comprehensive investigative and compliance solutions and advisory services focused on reducing operational risk in a cost-effective manner.

To learn more about this alliance, please contact [email protected] or [email protected].  

About TRACE

TRACE is a globally recognized business association dedicated to anti-bribery, compliance and good governance and leading provider of shared-cost third party risk management solutions. Members and clients include over 500 multinational companies located worldwide. TRACE is headquartered in the United States and registered in Canada, with a presence on five continents. For more information, visit www.TRACEinternational.org.

About StoneTurn 

StoneTurn, a global advisory firm, assists companies, their counsel and government agencies on regulatory, risk and compliance issues, investigations and business disputes. StoneTurn serves its clients from offices across the U.S., U.K. and in Germany, Brazil and South Africa, assisted by a network of senior advisers around the world. To learn more, visit StoneTurn.com.