For the third consecutive year, automated regulatory compliance specialist, muinmos has been included in the annual RegTech 100 – a list featuring the most innovative companies from around the world which are transforming compliance, risk management and cybersecurity.

A panel of analysts and industry experts assessed over 1,000 companies for inclusion in the prestigious RegTech 100. The 100 companies selected for the list, from 25 different countries, were all recognised for their ground-breaking technology which solves a significant industry problem, or generates cost savings or efficiency improvements across the compliance function.

RegTech firm, muinmos has developed PASS, a market-leading regulatory compliance engine which instantly maps a financial institution’s regulatory permissions across the globe, enabling users to perform accurate risk free processing of their clients in terms of classification, suitability and appropriateness on each product and service offered and cross border clearances. This, together with built in governance workflows, protects any financial institution against claims for mis-selling. PASS is a SaaS based solution which uses AI to deliver real-time compliance checks, speeding up on-boarding, mitigating risks of regulatory fines and identifying new opportunities for financial institutions.

muinmos has gained significant traction since launching in 2012, with a growing client base consisting of brokers, banks and hedge funds. Its impressive team includes some of the industry’s most respected FinTech entrepreneurs and operational experts including Lars Holst, former CEO and co-founder of CFH Clearing who is Chairman of the muinmos Board; Ashraf Agha, former Head of Treasury at Saxo Bank, Michel Paul André, former CTO at Saxo Bank and Conor Ringland, whose previous roles include Chief Operating Officer at Concordium Foundation and CEO of Walbrook Capital Markets.

Remonda Z. Kirketerp-Møller, Founder and CEO, muinmos comments, “muinmos has been, building and enhancing our AI engine which includes global categorisation, suitability and appropriateness and cross-border clearances for the last five years. We have ensured that it complies with the ethical guidelines for AI: being lawful, ethical and robust and also enables financial institutions with complex regulatory risk from operating globally to have a deeper level of governance to protect themselves and their clients from mis-selling. Over the last year, we have seen a surge in interest, triggered by the pressures of increased regulation for financial institutions.

“RegTech is finally becoming a really energetic sector as financial institutions worldwide seek solutions to combat the costs and complexities of meeting regulatory requirements. They are increasingly recognising the benefits of using technology to reduce corporate and client risk. As the RegTech market has matured, it has also become more competitive – and so we are thrilled to have retained our position as a RegTech 100 company. We are very proud of gaining this external endorsement as a key player in our sector.”

According to Mariyan Dimitrov, Head of Research at RegTech Analyst, a specialist research firm and organiser of RegTech 100, “Employing RegTech solutions to modernise the compliance function is now mission-critical for financial institutions globally.”

The RegTech industry has established itself as one of the most important sectors within financial technology after seeing tremendous growth in the past three years. Over $14bn has been invested in RegTech companies since 2016.

The RegTech 100 list aims to help senior management and compliance professionals evaluate which solutions have market potential and are more likely to succeed and have a lasting impact on the industry. A full list of the RegTech 100 is available at

About muinmos

muinmos’ cloud-based PASS software instantly and globally categorises clients in accordance with MiFID II in the EU or as equivalent in the rest of the world (KYCC), and instantly determines whether a financial institution can on-board a client to trade in a particular service (KYS), product (KYP) and country on a cross-border basis (KYCO) whilst performing the full suitability and/ or appropriateness assessments, thus securing against claims for mis-selling. It also clears the anti-money laundering requirements (AML) and know your customer (KYC) requirements by using a traffic light rating system with full detailed breakdown of the results via a single API.

PASS is a stand-alone system but can also easily be integrated into existing on/ offline on-boarding processes/ systems. For further information or to request a free demo, please visit