Compliance Going Digital
Allowing financial institutions to realise the full potential of their global client base.


About The Platform

What is the Party Assessment Service System (PASS)?

muinmos ApS' online platform PASS fully automates the jurisdictional regulatory on-boarding of your clients on a global scale. It continuously validates your clients' regulatory standing throughout your clients' lifecycle 24/7. In doing so, PASS:

  • Categorises your client in the applicable jurisdiction(s)
  • Assesses each individual client’s status, including suitability and appropriateness (whether under MiFID in the EU or equivalent outside of the EU) based on the services and products it wishes to transact with you no matter where they are
  • Provides you with an instant result of “allowed or not allowed” to on-board the client in question

What parts of the on-boarding process does PASS not cover?

PEP-screening, validations against sanction lists, and other KYC/AML related validations are currently not covered by PASS. Many good providers have existing efficient solutions for these validations.

Why do I need PASS?

PASS will remove your risk of being fined by local or foreign financial supervisory authorities on the grounds of providing financial services to clients without a proper legal foundation.

It will enable your sales people to quickly assess whether a potential lead is worth additional sales efforts – or whether the lead cannot be on-boarded in compliance with relevant regulation.

Through digitalization of the whole process, it will open up huge opportunities for you in markets where the regulatory burden has hindered growth and development.

It will save you huge costs in the on-boarding process.

How do we keep up with changes in regulation?

Our regulatory compliance data is provided to us by market experts on a global scale, and updated at all times.

What does it cost to use PASS?

It is free to implement PASS. The use of PASS is subject to an annual license fee as well as a click fee per report generated for each client.

The fee per report depends on the number of jurisdictions covered by the report and the complexity of the underlying regulation in the assessed jurisdictions.

About The Technology


PASS is a multi-server complex hosted in the Microsoft Azure cloud (“Azure”) which is located in multiple cities in Europe.

Azure provides a global efficient scaling platform, providing load balancing, redundancy and backup.

Azure meets a number of compliance standards where the most relevant is ISO/IEC 27001/27002:2013 and ISO/IEC 27018:2014.

Separation of production and testing environments

Production and test environments are hosted on two completely separate systems, utilising the same system configuration.

Vulnerability testing

Azure provides a high level of intrusion protection and vulnerability resilience, thus securing the platform and data.

As system integrity and security in general is key in all we do at muinmos ApS, an external IT Vulnerability Assessment is currently underway.

How is the data protected?

All data is protected using standard user access controls on application level and infrastructure level. The data is furthermore shielded by a firewall (meaning it can only be accessed from certain designated locations and addresses). To access the system credentials and password, the system credentials need to be supplied and passwords need to adhere to a minimum complexity rule. PASS in itself does not contain much sensitive data (presently only an e-mail address related to the potential client and existing client). With a close integration to a CRM system even this information may be stored locally (by the financial institution).

Can we hook up directly via an API to your CRM?

Yes, we can hook up to any CRM system that provides some level of API and extension points. As the complexity of the integration depends on the CRM setup and workflows of each individual financial institution a limited amount of integration work and setup is needed upon launch.

About Us

Who owns muinmos ApS?

muinmos ApS is privately owned jointly by the four current board members.

How is muinmos ApS funded?

muinmos ApS is funded by the current owners. The company’s annual accounts are audited by external independent auditors.

Where is our team based?

Management and IT Development is situated at SCION DTU – Science & Technology Park in Denmark.