News: Portfolio 2006

iJET Develops Travel Risk Management Maturity Model™ to Benchmark Programs

Model Helps Organizations Invest Wisely to Limit Liability

November 14, 2006: Annapolis, Maryland

iJET Intelligent Risk Systems, a leading provider of global intelligence, operating risk management technology and integrated emergency response services, has developed the Travel Risk Management Maturity Model™ (TRM3™), an innovative framework enabling organizations to assess their travel risk management programs and benchmark against others in the marketplace.

Based on similar models from the information technology and program management fields, iJET's TRM3 addresses an industry need for a standardized method by which to evaluate travel risk management programs. TRM3 allows for equivalent comparison of such programs across any industry and provides corporate and government organizations a way to develop, refine and improve their travel risk management processes and programs, ultimately improving them over time.

"Managing travel risk has become a large and onerous part of the expanding role of the corporate travel manager," said Bill Connors, Executive Director and COO of the National Business Travel Association. "Travel managers are increasingly seen as strategic players within their companies, and risk management tools are increasingly part of a good travel manager's portfolio."

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