Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, has announced its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
Transforming Client Onboarding for Comprehensive Compliance
The Muinmos platform provides a sophisticated, unique solution that empowers firms to automate and accelerate their KYC and KYP processes. The platform incorporates all types of KYC / AML checks, including screening for PEPs, Sanctions and Adverse Media against over 1,400 databases, several methods of identity verification, comprehensive corporate data (KYB), and more. It also performs ongoing 24/7 monitoring for continuous compliance and collates all data into a format that is easy to review.
By integrating with Muinmos, Diagram Capital will significantly reduce onboarding time while maintaining rigorous compliance standards.
Compliance Without Compromises
Viola Kalnina, CAMS, Compliance Officer at Diagram Capital:
“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:
“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:
“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.”
About Diagram Capital
Diagram Capital Limited is an investment firm incorporated in England in 2016, with registration number 10437925. It is authorised and regulated by the Financial Conduct Authority (FCA) under FRN 766786. The company provides wealth management and advisory services and support to professional clients, covering the entire investment cycle: from onboarding and creating a model portfolio to transitioning it into a live portfolio within a day of funding the account, as well as ongoing portfolio management.
At Diagram Capital, all assets are held in a fully segregated account for safe custody, supported by a reputable FCA Authorised custodian with a CASS licence.
About Muinmos
Founded in 2012, Muinmos has revolutionised client onboarding with its pioneering platform, which is the only solution in the market that offers true STP. Muinmos’ solution does so by automating the entire onboarding chain, incorporating traditional KYC / KYB checks, Regulatory Classification and Client Risk Assessment (CRA) in one smooth process.
With Muinmos’ solution, which includes both a client-facing interface complete with a client journey and a backend tool already connected to countless data-sources, firms can fully onboard any client, corporate or individual, in minutes.
The Muinmos Platform, which is ISO 27001:2022 certified and GDPR compliant, also holds client data, performs ongoing monitoring (pKYC), and helps firms onboard more clients while improving compliance.
