Exclusive: Muinmos Promotes In-House Lawyer to Chief Legal Officer

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 private law firms before joining Muinmos in 2021.

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 formed an Advisory Board which includes former Salesforce and Google executives, and previously welcomed veteran from toy-making giant LEGO to the Muinmos Board. It also announced its expansion into the MENA region with the appointment of Nadeem Sa'adeh as Regional Business Development Director.