Luxembourg-based audit and compliance firm HACA Partners has selected Muinmos to automate customer screening and anti-money laundering processes, replacing manual compliance workflows with an AI-driven platform designed to reduce false positives, accelerate onboarding and strengthen regulatory oversight.
The partnership reflects a wider transformation underway across financial services as compliance teams increasingly deploy artificial intelligence to manage growing regulatory complexity. Rather than using AI to replace compliance professionals, firms are adopting intelligent screening systems that reduce manual investigations, prioritise genuine risks and maintain detailed audit trails for regulators.
HACA, which supports more than 500 clients operating internationally, said its previous screening processes relied heavily on manual reviews that became increasingly difficult to scale as regulatory obligations expanded across multiple jurisdictions.
From Manual Reviews To AI-Orchestrated Screening
Under the agreement, HACA will deploy Muinmos’ automated KYC and AML platform across its compliance operations.
The system combines AI-orchestrated screening with lifecycle management, allowing HACA to perform customer due diligence not only on its own clients but also on clients’ counterparties as part of its outsourced compliance services.
According to Muinmos, the platform screens against more than 2,200 global watchlists spanning over 200 jurisdictions while automatically adapting to sanctions updates, rule changes and emerging risk signals.
Unlike traditional rules-based screening engines, the platform incorporates machine learning to triage alerts, enrich case information and escalate only those requiring human review.
Additional capabilities include configurable fuzzy matching, alias detection, name transliteration and date-of-birth verification, enabling firms to identify higher-risk matches while reducing unnecessary investigations.
| Muinmos Platform Capabilities | Details |
|---|---|
| Global screening coverage | 2,200+ watchlists across 200+ jurisdictions |
| False-positive reduction | Up to 76% |
| Onboarding speed | Up to 96% faster |
| Onboarding costs | Up to 32% lower |
| Deployment | Single API integration into existing systems |
Compliance Teams Face Growing Regulatory Pressure
Financial institutions have faced steadily increasing compliance obligations in recent years as sanctions regimes expand, anti-money laundering requirements become more stringent and regulators demand stronger evidence supporting customer due diligence decisions.
Those requirements have significantly increased the volume of alerts generated by conventional screening systems, many of which prove to be false positives requiring manual investigation.
Reducing that operational burden has become one of the primary applications of artificial intelligence within compliance departments.
According to HACA, Muinmos’ ability to apply configurable risk policies rather than fixed screening logic was a key factor in its selection, allowing the firm to tailor compliance decisions according to different client types, jurisdictions and regulatory requirements.
“Our decision to select Muinmos was driven by three converging factors. First, the depth of regulatory and compliance expertise embedded in the Muinmos team gave us confidence that the platform was built by practitioners who understand the real-world constraints of AML/CFT compliance,” said Cédric Leroy, Partner, Regulatory & Compliance at HACA Partners.
Leroy also highlighted the platform’s comprehensive global screening data and its ability to integrate into existing workflows through a single API without disrupting client-facing operations.
Artificial Intelligence Moves Deeper Into Compliance
Rather than relying solely on static sanctions databases, modern compliance platforms increasingly combine multiple AI techniques to improve screening quality.
Muinmos’ platform uses machine learning to prioritise alerts while maintaining human oversight of final compliance decisions. The system continuously updates screening information as watchlists change, reducing the operational risk associated with delayed sanctions updates.
That capability has become increasingly important as financial institutions respond to rapidly evolving geopolitical events that can trigger immediate sanctions designations across multiple jurisdictions.
According to Muinmos, its automated screening agent has demonstrated a 76% reduction in false positives, allowing compliance professionals to spend more time investigating genuine risks instead of reviewing low-quality alerts.
Compliance As A Growth Strategy
The partnership also reflects a broader change in how financial institutions view regulatory compliance.
Historically treated as a cost centre, onboarding and KYC processes are increasingly becoming competitive differentiators as firms seek to improve customer experience without compromising regulatory standards.
Muinmos says its platform has reduced onboarding times by as much as 96% while lowering onboarding-related expenses by up to 32% across existing clients.
Founder and Chief Executive Remonda Kirketerp-Møller said HACA’s adoption demonstrates how firms are increasingly using artificial intelligence to strengthen governance while improving operational efficiency.
“Their focus on enhancing compliance processes through AI to provide clients with better services and scale their business is exactly the kind of forward-thinking approach the industry needs.”
Why This Matters
Artificial intelligence is rapidly becoming one of the most important technologies within financial crime compliance. Rather than replacing regulatory expertise, firms are increasingly using AI to eliminate repetitive manual screening, reduce false positives and improve consistency across global operations. For firms operating across multiple jurisdictions, platforms capable of continuously updating sanctions data, automating screening decisions and maintaining complete audit trails are becoming essential infrastructure rather than optional technology upgrades.
Partnership At A Glance
| Item | Details |
|---|---|
| Customer | HACA Partners |
| Technology provider | Muinmos |
| Primary use | KYC, AML screening and lifecycle management |
| Clients served by HACA | 500+ |
| Watchlists screened | 2,200+ |
| Jurisdictions covered | 200+ |
| Key benefit | 76% reduction in false-positive alerts |
