Automated regulatory compliance specialist, muinmos has appointed Conor Ringland as Chief Commercial Officer. Ringland, who will be based in London, will focus on building the sales channel and accelerating global growth for muinmos PASS – a SaaS based solution which uses AI to deliver real-time compliance checks for financial institutions, speeding up on-boarding and mitigating risks of regulatory fines.
With over 30 years’ experience in financial services, Conor Ringland has a strong track record in product strategy for commercial technology, user-focused adoption for multi-asset platforms, e-sales, trading services and multi-channel marketing. Conor’s career history includes Chief Operating Officer at Concordium Foundation, CEO of Walbrook Capital Markets, Head of Financial Markets (Digital) at Lloyds Commercial Bank, and Head of Front Office, Saxo Capital Markets.
Ringland joins an impressive team at muinmos which includes some of the industry’s most respected FinTech entrepreneurs and operational experts including Lars Holst, former CEO of CFH Clearing who is Chairman of the muinmos Board; Ashraf Agha, former Head of Treasury at Saxo Bank, and Michel Paul André, former CTO at Saxo Bank.
Remonda Z. Kirketerp-Møller, Founder and CEO, muinmos comments, “Conor’s in-depth RegTech and financial services knowledge combined with his leadership and management skills are very rare and set him apart from other business leaders. I had the pleasure of working with Conor during my time at Saxo Bank and I can only say that he will be a fantastic addition to our management team. We are super excited that he is joining muinmos as Chief Commercial Officer to help us to maximise growth opportunities. muinmos is scaling fast and Conor will be a huge asset to the business.”
Conor Ringland adds, “We have had several years where regulation was seen as a cost and a barrier to doing business but the market has matured and financial institutions are now realising the benefits of RegTech solutions in terms of cost efficiencies and risk reduction. This is the optimum time for me to be joining muinmos and a great opportunity to join a visionary organisation with a highly credible, experienced team of innovators.
“What Remonda and her team have achieved technologically is outstanding and I am very excited to be bringing my multi-asset industry experience in technology, marketing, sales and compliance to help them to take the business to the next level.”
muinmos PASS is the world’s first fully automated cloud-based on-boarding solution. It offers fully-fledged Automated Regulatory Compliance (ARC) and has a regulatory engine which analyses dozens of parameters from across the globe. After the initial onboarding process, PASS provides ongoing client due diligence and regulatory monitoring 24×7 on a global regulatory scale. It also empowers financial institutions to realise and utilise the full potential of their global client base, helping them to identify business growth opportunities.
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 (KYCO) whilst performing the full suitability and/ or appropriateness assessments, thus securing against mis-selling. It also clears the anti-money laundering requirements (AML) 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 www.muinmos.com