TMF Group partners with IBOS Association
22 July 2025 UK
Image: Ryzhkov/stock.adobe.com
TMF Group, a global provider of administrative and corporate services, and IBOS Association (IBOS), an international banking network, have announced a partnership to enhance cross-border services and broaden international market access for clients.
The agreement was formalised through a memorandum of understanding (MoU) signed by both parties.
According to TMF Group, this will bring clients’ expanded global access to banking and corporate services across 87 jurisdictions and joint market intelligence initiatives to support informed decision making.
TMF Group’s entry into IBOS as a Strategic Affiliate is currently subject to legal and governance review.
Mark Weil, CEO at TMF Group, comments: “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’s shared commitment to simplifying global business.
“By combining our global infrastructure and compliance expertise with IBOS’s 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, says: “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, adds: “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.”
The agreement was formalised through a memorandum of understanding (MoU) signed by both parties.
According to TMF Group, this will bring clients’ expanded global access to banking and corporate services across 87 jurisdictions and joint market intelligence initiatives to support informed decision making.
TMF Group’s entry into IBOS as a Strategic Affiliate is currently subject to legal and governance review.
Mark Weil, CEO at TMF Group, comments: “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’s shared commitment to simplifying global business.
“By combining our global infrastructure and compliance expertise with IBOS’s 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, says: “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, adds: “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.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
