Diagram Capital, an investment firm specialising in providing strategic investment support, has linked with Muinmos.
The partnership between Diagram Capital and Muinmos is aimed at enhancing the efficiency and compliance of Diagram’s client onboarding and KYC (Know Your Customer)/KYP (Know Your Partner) procedures. By integrating Muinmos’ advanced onboarding platform, Diagram Capital seeks to modernize its compliance measures and streamline the client induction process.
Diagram Capital has carved a niche in offering expert investment guidance and support, leveraging a deep understanding of market dynamics and client needs. Muinmos, based in Denmark, excels in providing RegTech solutions that include a range of compliance services from KYC to AML (Anti-Money Laundering) checks, utilizing over 1,400 databases and ongoing monitoring systems.
This collaboration is set to transform Diagram Capital’s onboarding experience, reducing the time needed to onboard new clients while adhering to stringent compliance standards. The integration with Muinmos’ platform allows for automated checks across multiple points of compliance, consolidating data into a user-friendly format for ongoing review.
In addition to system enhancements, the partnership is tailored to address previous inefficiencies within Diagram Capital’s processes, which involved fragmented checks and manual coordination with various data providers. With Muinmos, Diagram Capital now enjoys a unified approach with automated processes and rapid data integration capabilities.
Diagram Capital’s Compliance Officer, Viola Kalnina, CAMS, said, “By integrating with Muinmos, Diagram Capital’s onboarding process has become both more client-friendly and compliant. Clients receive a secure link to provide required information and documentation, which Muinmos then verifies. The system performs automated checks across critical compliance points, generating a detailed client report for Diagram Capital’s review.”
Jim Tatchell, CEO at Diagram Capital, said, “Our partnership with Muinmos underscores Diagram’s dedication to innovation, efficiency, and regulatory compliance, ultimately enhancing our service to clients. I am delighted to work with the Muinmos team, comprised of industry experts with so many years of relevant experience.”
Jesus E Sanchez, Chief Product Officer at Muinmos, said, “We are delighted to have been selected by Diagram Capital to enhance their client onboarding and KYC process. Previously they had a process which was fragmented and relatively slow, involving separate checks with various data providers done manually and by email.
The Muinmos platform has transformed and automated these processes, providing Diagram Capital with seamless integration to a single portal for data from multiple proprietary sources. Due to our offering’s SaaS nature, we were able to get them up and running very quickly and are thrilled that they are already seeing the significant benefits of our platform, both for onboarding clients and for ongoing KYC/AML monitoring. We are looking forward to a long-term partnership with Diagram Capital and are ready to further support them as they grow and their needs evolve.”
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