Muinmos, a Danish regulatory technology firm, has recently promoted Michael Thirer to the role of Chief Legal Officer, thus adding him as a member of the management team, Finance Magnates learned exclusively.
Streamlining Operations
The promotion came four years after Muinmos hired Thirer as the Commercial Director. He also received another promotion in late 2022, making him the Legal, Governance and Regulatory Affairs Director, the first such role for the company.
Thirer, in his new role, will oversee the company’s legal and regulatory functions. Furthermore, he will help drive product strategy, ensuring proper client onboarding under regulatory requirements.
“Michael has been an integral part of our growth over the past four years,” said Remonda Kirketerp-Møller, Founder & CEO of Muinmos, “and has played a crucial role in strengthening our compliance framework, navigating many complex regulatory landscapes, and ensuring our platform remains at the forefront of industry standards.”
Thirer is a seasoned lawyer with twenty years of experience. He started his career at a Tel Aviv-based law firm and then worked for a couple of other Israeli law firms.
Strengthening the Team with Hirings
Muinmos offers an automated client onboarding platform to financial services companies. It allows the automation of the entire client onboarding chain by integrating AI-powered client categorisation into fully automated KYC/AML checks and client risk assessments. With its SaaS product, the company claims to complete client onboarding in under three minutes.
Over the years, several companies have tapped into the solutions provided by Muinmos. As Finance Magnates reported last December, FCA-regulated investment firm Diagram Capital partnered with Muinmos to upgrade its client onboarding and compliance processes.
Meanwhile, the company has also been strengthening its leadership. Last month, it added a former Google executive to its advisory board, joining another veteran from toy-making giant LEGO. It also announced its expansion into the MENA region with the appointment of Nadeem Sa’adeh as Regional Business Development Director.
This article was written by Arnab Shome at www.financemagnates.com.
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