Muinmos and FX Back Office (FXBO), have formed a partnership aimed at providing onboarding, KYC, and CRM solution for FX brokers globally.
This collaboration brings together Muinmos’ cutting-edge client onboarding platform with FX Back Office’s specialised CRM services, tailored specifically for FX brokers operating in multiple jurisdictions.
The partnership is centred on the critical need for financial institutions to efficiently onboard and maintain their client base. By integrating their platforms, Muinmos and FXBO offer financial institutions a unified point of access to an award-winning client onboarding platform alongside a comprehensive CRM system. This integration is designed to significantly streamline the client management process for FX brokers worldwide.
Muinmos specialises in automating the entire client onboarding chain, utilising AI for client categorisation, conducting fully automated KYC/AML checks, and assessing client risks. The platform also ensures continuous monitoring, keeping abreast of changes in regulations, client details, and risk profiles. Conversely, FX Back Office stands out as a leading provider of forex CRM solutions. Their platform is celebrated for its extensive CRM, client area, back-office functionalities, and a multi-level IB and affiliate area, all scalable to accommodate the management of multiple brands and equipped with a broad array of customisable features.
The collaboration is expected to deliver substantial benefits to both companies’ existing clientele and attract new clients by reducing the need for custom integrations and maintenance, thereby shortening the time to market. The synergy between Muinmos’ onboarding expertise and FXBO’s CRM capabilities exemplifies a strategic partnership aimed at meeting the evolving demands of the Forex industry.
Remonda Kirketerp-Møller, Founder and CEO of Muinmos, highlighted the value of this partnership, saying: “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, also expressed his enthusiasm about the partnership: “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.”
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global
