Muinmos is an award-winning RegTech company with a unique AI-based product that enhances the compliance function for financial institutions worldwide. It instantly validates your clients, from the onboarding stage and throughout their lifecycle with your financial institution, and covers key regulatory and legislative frameworks including MiFID II.
Step into the Future of Regulatory Compliance
Determine whether a particular financial service and product can be offered to any individual/company in a particular country - with instant results
mPASS™ uses algorithmic rule-based Artificial Intelligence (AI), Machine Learning (ML) and Neural Nets to instantly and globally validate whether a financial institution can onboard a client to trade with it in a particular service, financial product and country. It enables you to perform accurate, risk-free processing of your clients in terms of categorisations, suitability & appropriateness on each product and service as well as cross border and third-country clearances. This means you can onboard clients in just under 3 minutes.
mPASS™ instantly answers the following question for the financial institution:
“Can we offer this client product X with service Y in country Z?”
Ongoing Real-Time Regulatory Updates
The Muinmos proprietary Regulatory Onboarding Engine is machine trained to pick up legislative and regulatory changes across the globe and funnel them automatically across your client base. Using mPASS™ you can effortlessly ensure ongoing regulatory compliance 24/7.
Rigorous Global KYC/KYB Clearances
mCHECK™ Due Diligence capabilities provide a comprehensive set of tools to assist in customer and third-party risk mitigation
An integral part of your regulatory framework to protect your financial institution from fraudulent entities and activities, mCHECK™ leverages our channel partnerships with multiple AML data sources and can provide you with comprehensive KYC/KYB reports with ongoing screening and monitoring. It seamlessly checks multiple identity documents including Passports, Driving Licenses, National ID cards, Biometric Residence Permits and Visas on behalf of individuals including company directors/shareholders.
mCHECK™ conducts full company verification by providing full reports on the company including ultimate beneficial owners, financial data, credit scoring, corporate events, and the likes
mCHECK™ does full global clearances on politically exposed persons (PEPs), sanctions and adverse media screening, including an event corporate monitor based on many key indicators such as beneficial owner change, new accounts filed, negative data triggered, change in credit limit and scoring etc.
mCHECK™ can be offered as a standalone solution or available with mPASS™ and/or mRX™
Invaluable Risk Management
Risk scoring and rigorous checks for your compliance and regulatory teams
mRX™ is a pioneering regulatory matrix which provides risk scoring based on your pre-set parameters on your client based on a number of key parameters generated through the mPASS™ and/or mCHECK™ covering areas such as jurisdictional risk, regulatory risk, categorisation risk, product risk, KYC risks by providing you a real-time risk assessment on your client base.
Risk scores are tabulated and presented in an instant. This is in addition to the rigorous KYC/KYB report on the client.