Posts Tagged ‘Financial Institutions’
ZagTrader Integrates with Muinmos to Transform Client Onboarding
UAE headquartered financial technology provider, ZagTrader has integrated Muinmos’ RegTech solution into its platform, enabling its institutional clients worldwide to transform their onboarding capabilities. The integration with Muinmos enables ZagTrader to offer a one-stop-shop solution to clients, including a trading system, back office, advanced analytics, onboarding and reporting. Using Muinmos’ solution, ZagTrader’s clients can now…
Read MoreMeet Our New Partner: DL Consulting
DL Consulting is a Cyprus-based fintech services consultancy, with extensive knowledge of IT and compliance and impressive technical capabilities. Renowned for their consultative approach, they have built a reputation for excellence in helping brokers worldwide to onboard the right solutions for their businesses. Muinmos has appointed DL Consulting as a Sales & Implementation Partner. Emma…
Read MoreThe Days of Regulatory Arbitrage Are Numbered….Will Brokers Be Forced to Shut Down?
OpEd by Remonda Kirketerp-Møller, Founder & CEO, Muinmos As published in Finance Magnates on 13 February 2022. Imaginary borders If the pandemic has taught us anything, it is that borders are imaginary. A virus that appears in China today can be in the US tomorrow; and a “South-African” variant can infect people all over Europe.…
Read MoreAsk The Expert: Janet Chenery
Janet Chenery is founder of Regulatable, a website dedicated to raising awareness of RegTech and helping small and early-stage financial business to navigate regulation. Based in New Zealand, Janet is a Co-Founder of RegTech NZ – a forum which helps businesses resolve regulatory compliance challenges through technology and collaboration. Janet’s experience in financial services…
Read MoreThe ‘Data Finder’ and the ‘Workflow’ – What to Look for in a KYC/AML Solution?
There are a lot of companies out there offering KYC/AML solutions but they aren’t all offering the same thing. In fact, KYC/AML solutions generally fall into two distinct categories – ‘the data finder’ KYC/AML solution and ‘the workflow’ KYC/AML solution. And then Muinmos came along and we added a category all of our own ‘the…
Read MoreGet Ready for Brexit: Top 5 Tips for Financial Institutions
Financial institutions will need to remain compliant after Brexit. All passporting rights will be lost when the UK leaves the European single market on 31 December 2020. This could cause issues for: UK-authorised firms that currently passport their authorisations into Europe. EEA-authorised firms that currently passport their authorisations into the UK. On 31 December, these…
Read MoreWhat will Brexit mean for UK FinTech?
The UK is home to one of the world’s most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk. Brexit is still happening. With the contentious US presidential election having just been settled and the coronavirus pandemic still raging, the UK’s exodus from the…
Read MoreWhy Brexit will continue to be a big challenge for financial services firms
Despite being more than three years in the making, the UK’s divorce from the EU is still a cause of great uncertainty for financial services firms. The negotiations have currently come to a stalemate as most European nations are busy dealing with the coronavirus outbreak. Not only has the pandemic put the negotiations on hold, but so…
Read MoreTechnology vendors eye FX client onboarding opportunity
Regulatory technology vendors are relishing the prospect of helping banks minimize FX client onboarding errors, but in a world where legacy systems remain commonplace, regtech is not always an easy sell. Anti-money laundering (AML) and know-your-customer (KYC) regulations require financial institutions to carry out due diligence on their customers. Verifying the identity of these customers…
Read MoreWhy banks still won’t take advantage of fintech skills
Fintechs have the technology and expertise to transform core banking systems for incumbent institutions, so why aren’t banks taking advantage? We’ve heard it all before: incumbent banks need to transform their legacy systems, whether to meet the shifting regulatory landscape or purely just to remain competitive. But while many fintech firms have developed the software…
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