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Regulation news

TMF Group partners with Governance.com


27 June 2022 UK
Reporter: Jenna Lomax

Generic business image for news article
Image: REDPIXEL
Professional services firm TMF Group and process management company Governance.com have partnered to further accelerate digital governance.

The mandate will allow TMF Group access to screening and compliance security — supporting evidence and risk-based operational monitoring to meet regulatory requirements.

Through the partnership, key process automations will be identified, vetted and implemented in rapid succession, by efficiently connecting existing and new technologies and tools, says TMF Group.

TMF Group has 120 offices in 85 jurisdictions worldwide and serves corporates, financial institutions, asset managers, private clients and family offices. It provides accounting, tax, payroll, fund administration, compliance and entity management services.

Governance.com digitalises the asset management industry with a low-code process and data management platform for regulated companies.

Michael van den Brandt, global head of operational risk and compliance at TMF Group,
says: “Our partnership with Governance.com demonstrates the ambition of TMF Group
when it comes to governance.

“Together we are building a solution that optimises risk and compliance actions around the globe and helps us to deliver bespoke client services in an effective and efficient way.”

Bert Boerman CEO, Governance.com, adds: “This is a terrific opportunity to collaborate with the experts of TMF Group to help them stay ahead in an increasingly complex, regulated environment. The project is already off to a running start, and I am excited about our next steps together.”

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