tfswctrl.exe is an essential process for HP's packet writing software which burns data to CD's using Microsoft Windows explorer.
This program is a non-essential system process, but should not be terminated unless suspected to be causing problems.
Non-system processes like tfswctrl.exe originate from software you installed on your system. Since most applications store data in your system's registry, it is likely that over time your registry suffers fragmentation and accumulates invalid entries which can affect your PC's performance. It is recommended that you check your registry to identify slowdown issues