TMF Group launches new solution 10 September 2024UK Reporter: Clelia Frondaroli
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TMF Group has launched the trustee escrow solution to help protect funds in financial transactions.
The solution aims to provide a layer of fund protection for clients, to help reduce risk and increase transparency between transacting parties.
TMF Group will make the solution available in both the UK and Singapore, where clients will be provided with transaction managers to ensure the safe release of funds.
Global head of escrow services at TMF Group, Bertil Seigers, comments: “As an independent service provider, we offer an additional layer of safety and security that helps build trust between parties. Regardless of the transaction or market or type of escrow solution our dedicated team is committed to delivering fast, flawless service.”
Rupert Froud, TMF Group’s commercial director for Capital Markets, adds: “This marks a significant milestone for TMF Group as we continue to expand our Capital Markets offering and provide our clients with secure, reliable solutions for their financial transactions.”
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