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TMF Group Company Research Report



Company Overview



Name, Mission of the Company


  • Name: TMF Group

  • Mission: “We make a complex world simple.” TMF Group aims to help clients invest and operate safely around the world, bringing levels of governance and quality assurance that inspire trust and confidence.


Founding Details


  • When was the Company Founded: No information is available

  • Founded by Whom: No information is available


Key People in the Company


  • CEO: Mark Weil (London)

  • CFO: Patrick De Graaf (Amsterdam)

  • Chief HR Officer: Angelica Thijssen (Amsterdam)

  • Chief Transformation Officer: Charlie Netherton (London)

  • Head of Global Solutions: Daniel Max (London)

  • Head of EMEA: Frank Welman (Luxembourg)

  • Chief Commercial Officer: Jan Willem van Drimmelen (Amsterdam)

  • Head of North America: Lisa Wilcox (Toronto)

  • Head of Latin America: Monica Vera (Mexico City)

  • Chief Operations and Technology Officer: Russell Sheldon (London)

  • Head of Risk and Compliance: Severine Canova (Luxembourg)

  • Head of APAC: Shagun Kumar (Singapore)


Headquarters


  • Headquarter Location: No information is available


Number of Employees


  • Number of Employees: Over 11,000


Revenue of the Company


  • Revenue: No information is available


Known For


  • Known For: TMF Group is known as a leading provider of critical administrative services, helping clients invest and operate safely around the world.


Products



Product Offerings


TMF Group provides a wide range of business administration services grouped into eight key areas. These services are tailored to various sectors, including corporates, financial institutions, asset managers, private equity and real estate investors, and family offices.

High-Level Descriptions and Key Features



1. Accounting and Tax Services


  • Description: Offers comprehensive accounting and tax services ensuring compliance with local and international standards.

  • Key Features:

  • Transactional support

  • Statutory and tax services

  • Accounting and tax consultancy services


2. Capital Markets


  • Description: Provides a range of administrative, agency, SPV/issuer and trustee services across industries and clients.

  • Key Features:

  • Administrative services

  • Agency services

  • SPV management services

  • Trustee services


3. Fund Services


  • Description: Supports the full lifecycle of funds with global solutions tailormade for each client, creating value and operational efficiency for asset managers.

  • Key Features:

  • Fund entity establishment

  • Asset acquisition and structuring

  • Fund administration services


4. Global Entity Management


  • Description: Helps manage and maintain entities across borders with expertise in corporate secretarial, regulatory compliance, and fiduciary services.

  • Key Features:

  • Corporate secretarial services

  • Fiduciary services

  • Regulatory compliance services

  • Special Purpose Vehicles (SPVs) management


5. Payroll and HR Services


  • Description: Simplifies global payroll operations and HR transformation with fully managed and standardised payroll processing and HR admin support.

  • Key Features:

  • Global payroll services

  • HR and payroll consulting services

  • Employee incentives

  • International pensions


6. Private Wealth and Family Offices


  • Description: Provides bespoke solutions for managing global assets, ensuring they meet private clients’ financial aspirations.

  • Key Features:

  • Global administration services for family offices

  • Private wealth services


7. ESG Administration


  • Description: Supports clients in setting up and maintaining accurate ESG reports to help thrive in a world that values sustainability.

  • Key Features:

  • ESG reporting systems

  • Best practices in sustainability


8. Mergers and Acquisitions (M&A)


  • Description: Offers expertise to help streamline every stage of M&A transactions, ensuring smooth post-deal entity operations.

  • Key Features:

  • Deal structuring and funding

  • Due diligence

  • Change management and post-deal integration


Recent Developments



Recent Developments in the Company


  • TMF Group’s 2023 Performance: TMF Group has grown by an average of more than 8% year-on-year since 2013 and achieved double-digit growth in 2023.

  • Digital Strategy: TMF Group has introduced TMF KRAIOS and TMF Horizon as part of its digital transformation to enhance client experience and provide valuable insights.


Recent Case Studies


  • Lenovo: Leveraged TMF Group to streamline global payroll operations, which now processes payroll for 11,300 employees across 55 countries.

  • Microsoft: Enlisted TMF Group to ensure compliance with Free Trade Zone regulations in Costa Rica.

  • Jamestown: Relied on TMF Group for expertise in payroll, HR consultancy, accounting, and entity management to support European expansion.


New Products and Features


  • TMF KRAIOS: A digital client platform for accessing entity information, raising service requests, exchanging documents securely, and monitoring work status.

  • TMF Horizon: A global payroll solution offering ePayslips, workflow tools, secure data exchange, consolidated payroll reports, and performance monitoring dashboards.


New Partnerships


  • Expansions and Partnerships: Continues to support major partnerships with companies like Lenovo, Microsoft, and Jamestown to ensure compliance and operational efficiency in their global operations.


Conclusion


TMF Group continues to solidify its position as a leader in providing critical administrative services on a global scale. By leveraging its extensive network and investing in technology and people, TMF Group ensures its clients stay compliant and efficient in an increasingly complex world.