Transworld Systems Inc. Welcomes Andrew Budish as Chief Legal and Compliance Officer

Andrew Budish Joins Transworld Systems Inc. as Chief Legal and Compliance Officer

On January 14, 2026, Transworld Systems Inc. (TSI) announced in a press release the appointment of Andrew Budish as its new Chief Legal and Compliance Officer. Recognized as a leading provider of technology-enabled revenue recovery solutions in North America, TSI continues to enhance its leadership team by bringing in seasoned professionals like Mr. Budish.

Mr. Budish's transition to TSI from Discover Financial Services, where he held the position of Director and Assistant General Counsel, marks a significant step in his impressive career. With over three decades of extensive experience in legal and compliance roles across various leading financial institutions such as Morgan Stanley, PNC, and HSBC, he is well-equipped to guide TSI's legal strategies and compliance initiatives.

Joe Laughlin, the CEO of TSI, expressed high confidence in Mr. Budish's capabilities, stating, "Andy is a highly experienced consumer legal and compliance professional with deep domain experience covering consumer regulatory compliance management in the financial services industry." This sentiment reflects TSI's commitment to maintaining exceptional compliance standards, which are essential for distinguishing themselves in the competitive financial landscape.

In his new role, Mr. Budish aims to focus on the development of a robust compliance management system. He has shared his enthusiasm about joining the executive team, emphasizing his commitment to lead the Legal and Compliance function at TSI effectively. "I am thrilled to join the executive team and lead the Legal and Compliance function at TSI, as I focus on building a leading compliance management system at the company," he remarked.

TSI's Commitment to Strong Compliance Practices

As a firm rooted in integrity and excellence, TSI recognizes that an effective compliance framework not only enhances operational success but also builds trust with clients and consumers. The addition of a high-caliber professional like Andrew Budish to the leadership team underscores this commitment. TSI's mission is to provide cutting-edge solutions in revenue recovery, and they believe a strong compliance function will set them apart from competitors and ultimately benefit all stakeholders involved.

About Transworld Systems Inc.

Transworld Systems Inc. has established itself as a leader in revenue recovery outsourcing solutions across the United States and Canada. Their service offerings are diverse, including collections, healthcare recovery, loan servicing, and back-office outsourcing solutions. This far-reaching expertise is further amplified by the ownership of DebtNext, a state-of-the-art revenue recovery software platform designed specifically for credit originators, and UAS, a premier loan servicing platform tailored for private student loans. TSI caters to a wide array of clients, encompassing Fortune 100 corporations, financial institutions, healthcare providers, utilities, telecommunications, media entities, government installations, and small to medium-sized businesses.

The strategic appointment of Andrew Budish is poised to advance TSI's compliance framework, enhancing their service delivery while ensuring adherence to regulatory standards essential for their clientele. To explore TSI's services further, visit their website at www.tsico.com.

For Further Media Inquiries

Fred Gonzalez, TSI Chief Financial Officer, can be contacted for media inquiries regarding this announcement and further details about the company’s strategies and offerings.