UAE-based financial technology provider ZagTrader has announced that it has integrated Muinmos’ RegTech solution into its platform, enabling its institutional clients around the world to transform their onboarding capabilities. Integration with Muinmos enables ZagTrader to offer a one-stop-shop solution to clients, including trading system, back office, advanced analytics, integration and reporting.
Using Muinmos’ solution, ZagTrader customers can now fully automate the entire customer onboarding chain, from AI-powered customer categorization to fully automated KYC/AML checks and customer risk assessments. The platform also continuously monitors, keeps abreast of changes in both regulations, customer data and risk profiles. Integration is quick and efficient. any type of customer – corporate or individual – can be onboarded in less than three minutes.
Wasef Shakaa, Chief Operating Officer at ZagTrader explained,
“Our goal is to provide customers with streamlined, efficient processes with our all-in-one platform. We have worked with Muinmos to improve onboarding capabilities for our customers, moving from manual processes to a fully automated solution, making it easier for customers to stay up-to-date with the latest regulatory requirements and remain compliant when regulatory requirements change.
“Muinmos stood out for its automation, reliability, efficiency and best user experience. We were particularly impressed by Muinmos’ AML capabilities, which was another key factor for us. Our institutional clients are already starting to reap the benefits of our partnership with Muinmos – feedback from clients has been extremely positive.”
Remonda Kirketerp-Møller, Founder and CEO, Muinmos said:
“We are delighted to be selected by ZagTrader to complete the one-stop-shop solution for clients. ZagTrader is a fast-growing company with a strong customer base in the Middle East and beyond, committed to being at the forefront of fintech innovation and global financial integration. We are excited to be a key partner in their growth journey as they continue to innovate.”
About ZagTrader
ZagTrader said it prides itself on providing the most sophisticated technology for investment banks, asset managers and multi-asset brokers. Its pre-integrated solutions include market data, transactions, compliance and reporting – everything a financial institution needs to be empowered to succeed.
About Muinmos
Founded in 2012, Muinmos revolutionized customer onboarding with its innovative SaaS platform that fully automates the entire customer onboarding chain and offers customers the flexibility to access individual modules or the entire ecosystem. Fully automated modules include identity verification solutions, screening solutions, eKYC, corporate data, AI customer categorization, full customer risk assessments and more.