Since day one at Trans World Compliance, our software has been developed hand in hand with our clients. That principle hasn’t changed—and it won’t.
Most license-based solutions operate on autopilot. They launch a feature, A/B test it and wait for metrics to guide them. It sounds efficient, but that process lacks one key ingredient: honest conversations. That’s where we’re different.
Our support team trains, guides, and listens. Especially during reporting season, they’re in the trenches with users, helping them navigate real-world challenges. And that’s where we get the best feedback—not just UX comments, but insights into regulatory grey zones and compliance dilemmas. These hands-on moments are gold.
We also know that regulators don’t always communicate clearly or consistently. Oddly enough, some of our first alerts to changes in reporting rules come not from official channels but from the clients themselves. In fact, we joke that the only thing “common” about the Common Reporting Standard is the name. Every institution does things differently. That’s why listening beats assuming.
Don’t walk into a meeting thinking you know how a Tier 1 bank handles compliance—you’d be surprised how many still rely on manual spreadsheets. Preconceptions kill innovation. Questions spark it.
Over time, we’ve built a “library of feedback.” The broader the sources—big banks, small CSPs, tax authorities—the more powerful the connections. Just like David Epstein wrote in Range, generalists thrive by connecting the dots across disciplines. The same applies to compliance tech: the more diverse the feedback, the better the innovation.
So, ask more. Listen first. That’s how you build something that works.
Cyber Risk and Compliance Pressure
Cybersecurity in the financial sector isn’t just a technology issue—it’s a compliance issue, a data governance issue, and in some cases, a national security issue. With growing attack surfaces, increasingly sophisticated threats, and a flood of new regulations like CARF and DPI, financial institutions face an uphill battle to stay protected and compliant.
In this episode, Dave Olenzak, President and Founder of Trans World Compliance, helps us connect the dots between today’s top cyber risks, the complexity of modern financial ecosystems, and what compliance teams can do to strengthen their defenses.
New Strategic Alliance with Triple Tax Services
We’re proud to partner with Triple Tax Services to deliver enhanced CRS and FATCA compliance support in Northwestern Europe.
This collaboration merges Trans World Compliance’s automation expertise with Triple Tax’s regulatory insight—helping financial institutions and tax authorities streamline reporting with greater precision and localized support.
Together, we’re strengthening compliance where it matters most.
Revolution Banking 2025
As sponsors, we will be present at this important event in Madrid talking about how to facilitate regulatory compliance for CRS and FATCA.
🎫 We have free invitations available for professionals from banks and financial institutions that serve individuals. This is an excellent opportunity for compliance managers working in CRS, FATCA, or regulatory compliance.
📩 Interested in attending? Contact Daniela Peña Romero or Nicolás Londoño Pinzón and they will send you your invitation.
📍 Visit us at our stand and let's talk about RegTech and compliance automation!
Beyond the Hype: Making Sense of CARF with Industry Experts
Crypto is evolving and global compliance must keep up. The Crypto-Asset Reporting Framework (CARF) is redefining how institutions report digital assets. Financial firms and advisors need to be ready.
Join Dave Olenzak (President, Trans World Compliance) and Stanley Foodman (CEO, Foodman CPAs & Advisors) for a clear, practical discussion of what CARF requires, how it compares to FATCA and CRS, and how to prepare your reporting framework.
Moderator: Isabelle Wheeler, CFA, AMLCA, FCCP
📅 Thursday, May 22 at 11 am EDT
🎧 Simultaneous Spanish-to-English interpretation.
Get clarity, not confusion—your compliance roadmap starts here.
May 31 FATCA & CRS reporting deadline for multiple jurisdictions, including:
✅ Bahrain, British Virgin Islands, Anguilla, India, Jamaica, Singapore, United Kingdom, and South Africa (FATCA and CRS)
✅ Bermuda, Nigeria, Russia, St. Kitts and Nevis, and Portugal (CRS)
Don’t risk non-compliance! CRS/FATCA One automates data collection and validation, ensuring a hassle-free filing process.
📩 Contact us today to simplify your compliance process and avoid last-minute stress.
Note that May 31, 2025, is a Saturday, and some jurisdictions may extend the deadline to the following business day, June 2.
At TWC, we are committed to helping you navigate the ever-changing landscape of compliance and regulations. Whether you have questions, require assistance, or seek innovative solutions, we support you.
Don't hesitate to Contact Us for all your compliance needs. Our team of experts is ready to assist you.
Thank you for being a part of our compliance community. Together, we can stay fully compliant and drive excellence in regulatory technology.
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