Veremark and TMF Group enters into partnership to support compliant hiring and operations across borders

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Veremark, a global background screening platform, and TMF Group, a leading provider of critical administrative services in 87 jurisdictions, today announced a referral partnership that brings together compliant hiring and well run entities for companies operating across borders.

TMF Group supports clients with employee, financial and legal administration through more than 11,000 colleagues in over 125 offices, helping organisations invest and operate safely around the world.  Veremark helps employers run fast, compliant background checks across more than 150 countries so they can hire with confidence and reduce people related risk.

The referral partnership gives mutual clients a clearer route to combine trusted hiring with reliable local administration, without having to build and manage separate networks of providers in every market.

Aligning trusted people with trusted structures

Cross border growth usually depends on two things at the same time. Companies need people they can trust in key roles and they need entities, payroll, tax and compliance handled correctly in each country. When these parts are built separately, organisations often face duplicated work, unclear accountability and avoidable risk.

Through this partnership, Veremark and TMF Group will help clients connect these layers in a more coordinated way. TMF Group provides the backbone for entities, accounting, tax, payroll and HR administration.  Veremark provides background checks on directors, senior leaders and new hires so that the people running those structures are verified to a consistent standard.

“Clients tell us they want two kinds of confidence at once. They want to know that their entities and filings are under control, and they want to know that the people they trust with those responsibilities have been properly screened,” said Daniel Callaghan, CEO and Co founder at Veremark. “Our partnership with TMF Group brings those needs closer together and makes it easier for companies to protect their reputation as they grow across markets.”

What clients gain from the partnership

Through the referral partnership, Veremark and TMF Group will focus on:

  • Joined up support for cross border growth
    A clearer path for companies that need both global background screening and local administration, without having to assemble and coordinate multiple providers themselves.
  • Stronger governance around key roles
    Background checks on directors, signatories and sensitive positions sit alongside TMF Group’s work on entity management, accounting and HR, which helps boards and investors see a more complete governance picture.
  • Consistent standards across jurisdictions
    TMF Group brings local expertise in 80+ countries. Veremark applies screening programmes that can adapt to local rules while keeping a common level of due diligence.
  • Less operational friction for internal teams
    Legal, Finance, HR and Compliance leaders can work with a smaller, more aligned group of partners instead of a patchwork of local firms, spreadsheets and manual processes.
  • Support for organisations at different stages
    The model is suitable for companies setting up their first overseas entity, as well as more mature groups that are rationalising existing structures or reviewing vendor landscapes.

How the referral partnership works

  • Existing TMF Group clients who ask about background checks or people related risk can be referred to Veremark for a conversation about screening programmes that match their footprint and regulatory environment.
  • Veremark clients who are planning new entities, restructuring or expansion can be introduced to TMF Group when they need support with entity management, accounting, tax, payroll or HR administration in multiple jurisdictions.
  • In both directions, client teams stay in control of the relationship and can choose how closely they want the two providers to coordinate.

The partnership does not require clients to change their current structures immediately. Instead, it gives them a clearer set of options as they revisit how they manage compliance, hiring and governance over time.

Getting started

The referral partnership between Veremark and TMF Group is available to organisations of different sizes and sectors. Clients can explore joint support by speaking with their existing Veremark account manager about international administration needs, or with their TMF Group contact about background screening requirements. New and existing clients can also contact either company directly to request an introduction and discuss the most suitable approach for their size, sector and markets.

About TMF Group

TMF Group is a leading provider of critical administrative services that helps clients invest and operate safely around the world. With more than 11,000 experts in over 125 offices across 87 jurisdictions, TMF Group supports corporates, financial institutions, asset managers, private clients and family offices with a combination of accounting, tax, payroll, fund administration, compliance and entity management services.

Learn more at TMF Group’s website.

About Veremark

Veremark is a global background screening platform that helps organisations hire with confidence through fast, automated checks and configurable screening programmes. Veremark enables companies to verify candidate credentials across more than 150 countries, with a focus on data protection, candidate experience and regulatory compliance. The company has been recognised in rankings such as the Deloitte UK Technology Fast 50 and Deloitte EMEA Fast 500 for its growth and innovation in the background screening market.

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FAQs

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FAQs

What background check do I need?

This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.

Why should employers check the background of potential employees?

Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.

How long do background checks take?

Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.

Can you do a background check online?

All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.

What are the benefits of a background check?

In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.

What does a background check show?

Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.

Transform your hiring process

Request a discovery session with one of our background screening experts today.

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