TMF Group and IBOS join forces to enhance global market access for clients
TMF Group, a leading global provider of administrative and corporate services, and IBOS Association (IBOS), an international banking network, today announced a strategic partnership to enhance cross-border services and broaden international market access for clients.
The agreement, formalised through a memorandum of understanding signed by both parties, will bring the following benefits:
- Clients’ expanded global access to banking and corporate services across 87 jurisdictions, thanks to a structured process for collaboration between TMF Group and IBOS member banks.
- Joint market intelligence initiatives to support informed decision-making, including assets like TMF Group’s Global Business Complexity Index and country profiles.
- TMF Group’s anticipated entry into IBOS as a Strategic Affiliate is currently subject to legal and governance review. This move aims to unlock joint operational efficiencies and strengthen mutual cross-referral channels.
- Establishment of a formal governance structure and dedicated working groups to oversee the partnership, enhance compliance and track performance.
Mark Weil, TMF Group’s CEO, commented:
This partnership builds on our strong track record of regional collaboration, including our long-standing relationship with Banco Santander. This deal is the natural evolution of TMF Group’s and IBOS’ shared commitment to simplifying global business. By combining our global infrastructure and compliance expertise with IBOS’ trusted banking network, we’ll be able to deliver a more seamless service for clients navigating complex international markets.
Mario Recchia Domenico, Chairman at IBOS Association, said:
TMF Group brings a level of global coverage and service integration that complements our member banks perfectly. Together, we’ll offer clients a more connected and efficient way to expand internationally. We’re delighted to welcome them into the IBOS ecosystem!
Manoj Mistry, Managing Director of IBOS Association Ltd, added:
This partnership with TMF Group marks a pivotal step in our mission to provide clients with seamless access to global banking and corporate services. TMF Group’s extensive jurisdictional reach and operational expertise align perfectly with IBOS’ commitment to delivering trusted, cross-border solutions. Together, we are creating a more connected ecosystem that empowers businesses to expand with confidence and clarity in an increasingly complex world.
About TMF Group
TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 12,000 experts and 125 offices in 87 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.
We work with the majority of the Fortune Global 500 and FTSE 100, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology.
TMF Group – we make a complex world simple. www.tmf-group.com
About IBOS Association
Since its launch in 1994, IBOS has developed into a global banking and cash management alliance, with its member banks now providing geographic coverage to clients across the globe as follows: Axis Bank Ltd (India), Coöperatieve Rabobank U.A. (Netherlands), Santander Group (UK, USA, Spain, Portugal, Poland, Germany, Brazil, Colombia, Peru, Uruguay, Chile and Mexico), Bank of Ireland, CIC – Crédit Mutuel – Alliance Fédérale (France), Intesa Sanpaolo S.p.A. (Italy, Slovenia, Croatia, Germany and Romania), KBC Bank NV / CBC Bank (Belgium, Bulgaria, Czech Republic, France, Hungary and Slovakia), NatWest (UK), Raiffeisen Bank International Group (Austria, Albania, Bosnia & Herzegovina, Croatia, Czech Republic, Hungary, Romania, Kosovo, Serbia, Slovakia and Ukraine), Royal Bank of Scotland (UK), Nykredit (Denmark), Royal Bank of Canada, and Silicon Valley Bank (USA).
Media Contacts
TMF Group:
Marina Llibre Martín
Global PR Manager at TMF Group
marina.llibremartin@tmf-group.com
IBOS Association:
Melissa Gama, Account Director at Maltin PR
