New Strategic Alliance: Foodman CPAs & Advisors and Trans World Compliance
FOR IMMEDIATE RELEASE
Trans World Compliance and Foodman CPAs & Advisors Form Strategic Alliance to Transform Global Compliance Services
Washington, DC & Miami, FL – September 20, 2024—Trans World Compliance (TWC) and Foodman CPAs & Advisors are pleased to announce a strategic partnership to enhance global compliance capabilities for financial institutions, governments, and service providers in the FATCA, CRS, and BEPS regulatory landscapes.
Trans World Compliance and Foodman Join Forces to Elevate Regulatory Solutions
Trans World Compliance (TWC), a leading provider of comprehensive compliance software, and Foodman CPAs & Advisors, a renowned compliance and tax boutique firm, have entered into a strategic alliance to create a unified approach to addressing the challenges in the continuously evolving regulatory environment. This collaboration will empower both companies to share their expertise and resources, delivering best-in-class compliance services and solutions to a broader client base.
Foodman’s expert consultancy services—from customized compliance manuals to their responsive help desk—will complement TWC’s cutting-edge technology solutions. Together, they will streamline reporting processes, improve regulatory adherence, and reduce costs for financial institutions navigating CRS, FATCA, and BEPS requirements.
Background on Trans World Compliance and Foodman CPAs & Advisors
Trans World Compliance, founded in 2014 and headquartered in Washington, DC, offers pioneering software solutions that address the complex needs of global financial institutions and governments. TWC’s flagship solutions focus on CRS, FATCA, and BEPS compliance, ensuring users can navigate regulations seamlessly through automation, secure transactions, and technology-agnostic platforms.
Foodman CPAs & Advisors, established over 40 years ago in Miami, FL, by industry veteran Stanley Foodman, has built a reputation as a trusted advisor in tax and compliance. Since establishing its banking practice in 2010, Foodman has grown to serve over 50 international financial institutions, specializing in FATCA and CRS compliance.
Impact on the Compliance Industry
This alliance between TWC and Foodman CPAs & Advisors will set a new benchmark for compliance excellence, offering a fully integrated solution combining cutting-edge technology and deep industry expertise. The partnership is expected to shape the future of regulatory compliance by offering institutions a more comprehensive and efficient approach to meeting their global obligations. Together, TWC and Foodman are committed to delivering solutions anticipating and adapting to regulatory trends, helping financial institutions stay ahead of the compliance curve.
Clients and financial institutions seeking more information about the enhanced compliance services and solutions offered by this strategic alliance are encouraged to contact Trans World Compliance or Foodman CPAs & Advisors directly. This partnership provides an unparalleled opportunity to streamline compliance processes, reduce risk, and maintain regulatory excellence.
For more information, please visit www.transworldcompliance.com or www.foodmanpa.com.
