Our Products

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.

mPASS

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 Compliance 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.

mCHECK

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™

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.

Using mPASS™, clients are correctly and instantly classified in accordance with the relevant legislation in accordance with both the domicile of the financial institution and their client.

Using mPASS™, a client’s knowledge and experience, financial situation and investment objectives are assessed in compliance with the prevailing regulatory requirements and guidelines. Assessments, including scoring and thresholds, can be customised according to the financial institution’s internal compliance policies and procedures.

mPASS™ enables compliant cross border and third-country selling by securing the regulatory clearances of the financial institution’s clients from any part of the world, ensuring the products and services offered to their client are permitted in the relevant jurisdictions at all times.

mCHECK™ conducts all relevant KYC/AML checks and provides the financial institution with clearances on politically exposed persons (PEPs),  sanctions and watchlists, adverse media and other types of relevant data in consolidated and structured profiles.

Regulatory Sandboxes

Muinmos is taking part in the Danish Financial Supervisory Authority (FSA) sandbox and was selected for the 5th cohort of the UK Financial Conduct Authority’s (FCA) sandbox. We welcome the participation of financial institutions that are keen to test the innovative impact of our proprietary Regulatory Compliance Engine on their regulatory compliance. We are interested in working in partnership with regulators to use our proprietary technology to create the highest standards in regulatory compliance.

 

Muinmos mPASS

Why Muinmos?

Muinmos delivers a faster, more efficient way to perform cross-border regulatory compliance and provides an enhanced client onboarding experience.

The innovative Muinmos proprietary Regulatory Compliance Engine has been developed in-house applying natural language processing, machine learning and neural nets by a team of legal and compliance experts and technologists, all with decades of experience in major markets as well as insight from working with global regulators. Muinmos’ Founder and CEO, Remonda Kirketerp-Møller, a qualified lawyer in multiple jurisdictions, has held Board level positions and headed up legal, compliance and regulatory functions within two global financial institutions.

Muinmos understands the pain points and inefficiencies of the traditional compliance model which can impede sales and result in faulty client onboarding, leaving the financial institution at risk of mis-selling.

Award Winning Proprietary Regulatory Compliance Engine

Muinmos RegTech100
Muinmos Best RegTech Reporting Solution

Copenhagen Office:

+45 4029 9002

London Office:

+44 (0)74 1491 7380