mCHECK™ KYC/AML Platform

Muinmos’ mCHECK™  KYC/AML platform streamlines the KYC/AML process, linking to numerous databases, vetted by Muinmos’ experts, and through one single platform.

mCHECK™

Rigorous Global AML/KYC/KYB Checks

Muinmos mCHECK

 

mCHECK  is a key module in Muinmos’ Regulatory Onboarding Engine, enhancing KYC compliance processes.

It provides a comprehensive set of due diligence tools including AML, KYC and KYB checks to assist Financial Institutions with the client and third-party risk mitigation, combating financial crime.

Discover how Muinmos' Regulatory Onboarding Engine helped a Global Financial Institution Onboard Its Clients in Less Than 3 Minutes

mCHECK™ is industry-unique in that it interfaces with numerous KYC / KYB / AML databases.

Conducts full company verification with reports including ultimate beneficial owners, financial data, credit scoring, corporate events and more.

Full global clearances on politically exposed persons (PEPs), sanctions and adverse media screening.

Event corporate monitor based on key indicators such as beneficial owner change, new accounts filed, negative data triggered, change in credit limit and scoring etc.

Multiple channel partnerships with AML data sources.

Cloud-based and offered as a standalone solution or together with mPASS™ and/or mRX™.

To request a demo of mCHECK™

mCHECK ™ FAQs

1. How does mCHECK™ work?

mCHECK™ is a powerful KYC/AML platform that draws data from multiple data sources, analyses it and produces a “traffic light” style report containing a full detailed breakdown of the results. 

The reports from mCHECK™ include clearances on PEPs, sanctions and adverse media, as well as a full break down of a company’s data including the UBOs, credit rating, financials and much more. The module can be enabled with full monitoring capability, ensuring that the KYC/KYB reports are up-to-date around the clock.    

mCHECK™ automatically connects to the mRX™ module to provide a risk scoring based on all relevant attributes. The risk scoring allows the Financial Institution to assess the level of risk of each client.

2. How does mCHECK™ compare or differentiate from other KYC/AML platforms on the market?

mCHECK™ is industry-unique in that it interfaces with numerous KYC / KYB / AML databases. It provides the Financial Institution with access to a wide selection of databases, accessible through one, single platform / API.

mCHECK™ automatically chooses, according to a customisable set of rules, which databases to query, until full clearance is achieved. Thus, mCHECK™ allows the Financial Institution to benefit from instant, automated access to multiple databases, with the advantage of dealing with only one vendor – Muinmos.

mCHECK™ also differentiates from other KYC/AML platforms in that Muinmos’ expert team rigorously pre-tests the databases added to the mCHECK™ module. Muinmos only onboards dependable, trustworthy databases to ensure the KYC / KYB / AML clearance process is as reliable and accurate as possible.

3. Can mCHECK™ be integrated with a Financial Institution’s existing platforms?

Yes. Muinmos can provide a robust API to enable Financial Institutions to easily integrate Muinmos’ KYC/AML platform with their existing platforms, workflows and CRMs.

We can also seamlessly integrate mCHECK™ with mPASS™, which instantly and globally validates whether a financial institution can onboard a client to trade with it in a particular service/product/country and provides full financial product and services cross border clearances; and with mRX™, Muinmos’ risk scoring module.

For a complete regulatory compliance solution, Muinmos’ Regulatory Onboarding Engine consists of 3 distinct modules. mPASS,™ mCHECK™ and mRX™, with onboarding of any client type in under 3 minutes.

mPASS™ complements Muinmos’ mmCHECK™ module by providing full financial product, services and cross-border clearances including automated categorisation, suitability & appropriateness checks.

mRX™ is Muinmos’ innovative risk scoring module. Clients can select which modules to integrate with or combine all three for a complete compliance solution.