Danish RegTech firm, Muinmos and Cyprus-based FX CRM provider FX Back Office (FXBO) have formed a partnership to provide a streamlined onboarding, KYC and CRM solution for FX brokers worldwide.
By integrating their platforms, financial institutions can onboard and maintain their client base more efficiently, with a single point of access to Muinmos’ award-winning client onboarding platform and FX Back Office’s CRM, specifically tailored for FX brokers across multiple jurisdictions.
Muinmos’ client onboarding platform fully automates the entire client onboarding chain, from AI powered client categorisation to fully automated KYC/AML checks and client risk assessments. The platform also performs constant monitoring, keeping up-to-date with changes both in regulation, clients’ details and risk profiles. FX Back Office is a leading provider of forex CRM solutions, renowned for its comprehensive CRM, client area, back-office capabilities and multi-level IB and affiliate area. It is scalable to enable brokers to manage multiple brands and has a wide range of customisable features.
Remonda Kirketerp-Møller, Founder and CEO, Muinmos said: “Our partnership with FX Back Office provides added value to our respective clients, enabling brokers to consolidate their client onboarding and Back Office, with easy access to a more complete solution, reducing the need for custom integrations and maintenance, and reducing time to market. FX Back Office is a very popular CRM and we share many clients worldwide today who will gain from this partnership, as well as any new clients. The integration of our platforms meets brokers’ demands and is a great strategic partnership for both firms.”
Dmitriy Petrenko, Managing Director of FX Back Office said: "Our strategic partnership with Muinmos is a step that underscores our commitment to driving innovation and excellence in the Forex industry. By integrating Muinmos' advanced KYC solutions into our FX Back Office (FXBO) CRM, we are reshaping the landscape of client onboarding and KYC procedures, empowering businesses with more efficient, compliant, and user-friendly solutions."