Ports-related "Financial Services Data Warehouse"
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- Full cooperation, therefore, in current US risk-analytic data collection (including the future Global Trade Exchange—GTX experiment) and in US Container Security Initiative risk-based scanning is certainly highly counseled as a means to mitigate domestic US pressure for more extreme overseas surveillance requirements.
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- Jon D. Glassman, Northrop Grumman
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Former State Department official Jon D. Glassman, most famous for having drafted the White Paper on El Salvador on El Salvador championed the Global Trade Exchange in 2008, as a means of foregoing U.S. Congressional requirements for 100 per cent scanning of shipping containers.
In 2004, As early as 2004, Ambassador Glassman proposed, at various APEC counter-terrorism seminars, the Global Trade Exchange as an unregulated financial exchange using port-shipping manifest data, i.e. the as a Northrop Grumman-led Financial Services Data Warehouse. A relationship to stock-trading was clear, but the relationship to counter-terrorism not. Many U.S. financial services sector presented this kind of tool for hedge-fund risk management.
Read more about this topic: Global Trade Exchange
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