Muinmos Selected by Chartis as one of the Top Financial Crime & Compliance Companies Worldwide

Muinmos has been selected by Chartis Research as one of the top financial crime and compliance companies worldwide, and has also been singled out for three important awards – Data Privacy Award, Integrated Workflow Award and Broker Dealer Award.

The Danish RegTech firm is featured in Chartis’ Financial Crime and Compliance (FCC) 50 2024 report which highlights the vendors setting new standards and leading the charge against financial crime in an ever-evolving regulatory landscape. The report assesses vendors’ effectiveness, innovation, market responsiveness and comprehensiveness of solution offerings, providing an in-depth analysis of the vendors excelling in financial crime prevention and compliance. Chartis’ evaluation considers multiple factors including data and policy management, system interfaces and API’s, and workflow and automation.

“Muinmos’ performance in the inaugural FCC50 reflects its refreshing and compelling approach to onboarding and risk assessment, especially in the area of data privacy, which is rapidly becoming one of the building blocks of a successful financial crime and compliance program,” said Nick Vitchev, Research Director at Chartis. “Muinmos couples a deep understanding of customer pain points with a passion for overcoming these challenges, while its awards for integrated workflow and broker-dealer solutions reflect its understanding and focus.”

Remonda Kirketerp-Møller, Founder and CEO, Muinmos said, “These endorsements, along with previous placing by Chartis as “Category Leader” in CLM Solutions, are a continuous testament to our product’s versatility and modular design, which allows our clients to pick-and-choose the components they need in order to both streamline their onboarding journeys, as well as simplify their internal processes.

“We believe this is yet another attestation to the innovative idea behind the creation of an onboarding ecosystem, which can provide both “point” and comprehensive, out-of-the-box SaaS solutions, to any company requiring automated onboarding / AML / KYC services, empowering it to not only improve its customer experience and compliance, but also its operational efficiency. This is also a great recognition of our focus on data protection and privacy. Whereas other players in the market may treat client data as another source of income, we believe data protection is key for compliance, which is why we have also invested in being ISO 27001 certified and fully GDPR compliant.

“These accolades are especially appreciated by our team, in light of the thorough research conducted by Chartis Research prior to awarding them, and Chartis’ extensive expertise in this area.”

Founded in 2012, Muinmos has revolutionised client onboarding with its’ pioneering SaaS platform that fully automates the entire client onboarding chain and offers clients the flexibility to access individual modules or the entire ecosystem. The fully automated modules include Identity Verification solutions, Screening solutions, eKYC, Corporate Data, AI powered client categorisation, full client risk assessments and much more. The platform also performs constant monitoring, keeping up-to-date with changes both in regulation, clients’ details and risk profiles.

With Muinmos’ technology, financial institutions can onboard any client type – corporate or individual – in under three minutes. Available as a SaaS product or a fully customisable white-labelled solution, Muinmos’ innovative platform is designed for rapid integration.