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FM Facility Maintenance

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United States

Founded in

1994 (31 Years)

Founded

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know FM Facility Maintenance

    FM Facility Maintenance was founded in 1993 under the name Transactive Service Network (TSN). The company's initial focus was the management of HVAC equipment and gradually expanded into providing comprehensive facilities management services. The business focused on operational productivity and cost efficiency by streamlining the maintenance processes for customers with geographically dispersed locations. This powerful platform appealed to the Hartford Steam Boiler Inspection and Insurance Company (HSB), America's oldest and largest provider of equipment breakdown insurance, as a means to better manage the assets of their customers. In 1997, HSB acquired TSN and named the new entity Integrated Process Technologies (IPT). The vision of HSB was to combine their in-depth knowledge of equipment and causes of equipment failure with IPT's data collection and operational management technologies. In September 2000, Enron Energy Services acquired IPT in support of their aggressive facility management expansion with Fortune 500 clients. Enron invested $35 million in technology, infrastructure, and process mapping to create a scalable entity capable of handling over one million customer locations. In the Fall of 2008, IPT changed its name to FM Facility Maintenance. The new name better reflects an evolution in the company's business from process technology to a very sharp focus on facility maintenance. Today, FM Facility Maintenance is a privately held, stand-alone entity and the recognized expert in facilities maintenance management for clients with multi-site retail locations.

    Industry

    • Technology Software Trading PlatformPRIMARY

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