Mynd Financial Technologies Inc.

Financial services for the financial industry

Mynd Financial Services serves banks, credit unions, insurers, asset managers, investment firms, brokers, payment providers, fintech companies, lenders, marketplaces, infrastructure operators, corporate treasuries and other financial organisations.

How to read this catalogue

Each entry follows one structure: who it serves, the problem it addresses, what it involves, the usual form of provision, regulatory considerations, dependencies and sources. The last row, covering Mynd delivery, availability and engagement, is filled in only when that information is disclosed.

Software provision, research, operational support and regulated financial services are different things. The entries say which one is typical in the market, because the regulatory position follows from it. Where a service is a regulated activity, it needs the right authorisation in each jurisdiction before it is offered.

This is an initial taxonomy, not a limit. 6 entries were added after reviewing the wider industry and are marked.

Software and infrastructure

Financial software and core infrastructure

Serves: Banks, credit unions, insurers, asset managers, lenders and fintech firms.
Problem addressed: Institutions run ledgers, product rules and servicing on systems that must stay accurate, auditable and available.
What it involves: Core ledgers and account processing, product configuration, servicing and workflow systems, and the integration layer between them.
Typical form of provision: Software provision
Regulatory considerations: The client is usually the regulated firm. Supervisors expect operational resilience and control of outsourced technology, and the detail differs by jurisdiction.
Dependencies and integrations: Hosting, identity and access, security controls, data protection, and the institution's own change management.
Mynd delivery, availability and engagement: Will be disclosed soon.

Software and infrastructure

Banking technology and financial operations

Serves: Banks, credit unions, digital banks and cooperatives.
Problem addressed: Banks carry decades of systems and manual operations alongside heavy supervisory expectations.
What it involves: Account, deposit and channel systems, branch and back-office operations, statements, servicing and migration of legacy platforms.
Typical form of provision: Software and operational support
Regulatory considerations: Banks are supervised against standards such as the Basel Framework, which set expectations for capital, liquidity, governance and risk.
Dependencies and integrations: Core platforms, payment connections, regulatory reporting, vendor-risk management.
Sources: BIS, Basel Framework
Mynd delivery, availability and engagement: Will be disclosed soon.

Data and intelligence

Financial data, analytics and research

Serves: Asset managers, banks, insurers, corporate treasuries, regulators and analysts.
Problem addressed: Decisions depend on data that is timely, traceable to its source and licensed for the way it is used.
What it involves: Collection and normalisation of financial data, analytics, published research and the documentation of how each series is built.
Typical form of provision: Research and data
Regulatory considerations: Data licensing and redistribution terms apply. Research that recommends specific investments can itself be regulated in some jurisdictions.
Dependencies and integrations: Data suppliers, licences, data-quality controls and storage.
Sources: UN ISIC Rev.5, Section L
Mynd delivery, availability and engagement: Will be disclosed soon.

Money movement

Payments, processing and reconciliation

Serves: Banks, payment providers, merchants, marketplaces and corporates.
Problem addressed: Money has to move, be matched to the right obligation and be reconciled at the end of the day.
What it involves: Payment initiation and routing, transaction processing, matching and reconciliation, exception handling and reporting.
Typical form of provision: Software and operational support
Regulatory considerations: Providing payment services is licensed or registered in most jurisdictions. A technology supplier to a licensed firm sits in a different position from the firm itself.
Dependencies and integrations: Payment schemes and networks, banking partners, messaging standards, fraud controls.
Sources: ISO 20022; BIS and IOSCO, Principles for Financial Market Infrastructures
Mynd delivery, availability and engagement: Will be disclosed soon.

Money movement

Cross-border payments and foreign-exchange operations

Added by taxonomy research

Serves: Banks, payment firms, corporates and remittance businesses.
Problem addressed: Moving value between currencies and jurisdictions adds cost, delay and compliance steps.
What it involves: Foreign-exchange workflow, payment routing across corridors, sanctions screening and settlement tracking.
Typical form of provision: Software and operational support
Regulatory considerations: Cross-border activity engages licensing in each country involved, plus sanctions and exchange-control rules.
Dependencies and integrations: Correspondent and local banking partners, FX liquidity, screening data.
Sources: ISO 20022; FATF Recommendations
Mynd delivery, availability and engagement: Will be disclosed soon.

Credit and lending

Lending, credit infrastructure and underwriting technology

Serves: Banks, non-bank lenders, specialty finance firms and marketplaces.
Problem addressed: A credit decision has to be consistent, explainable and linked to the data that supported it.
What it involves: Origination and servicing systems, decision engines and scorecards, collections, loan accounting and portfolio monitoring.
Typical form of provision: Software provision
Regulatory considerations: Consumer credit rules, fair-lending and disclosure requirements and licensing of lenders vary widely by country and by product.
Dependencies and integrations: Credit bureaus and data providers, funding sources, identity checks, model governance.
Sources: UN ISIC Rev.5, Section L
Mynd delivery, availability and engagement: Will be disclosed soon.

Investment and markets

Investment technology and portfolio infrastructure

Serves: Asset managers, wealth managers, advisers and institutional investors.
Problem addressed: Managers need an accurate record of what they hold, what it is worth and how it performed.
What it involves: Portfolio accounting and reporting, order and execution management, performance measurement and pre- and post-trade checks.
Typical form of provision: Software provision
Regulatory considerations: Managing money for others is regulated in most places. The rules attach to the manager, not to the system it uses.
Dependencies and integrations: Market and reference data, custodians, brokers, administrators.
Sources: UN ISIC Rev.5, Section L
Mynd delivery, availability and engagement: Will be disclosed soon.

Investment and markets

Asset and wealth management infrastructure

Serves: Fund managers, family offices, private banks and wealth advisers.
Problem addressed: Fund and client reporting, fee calculation and administration are detailed work that must reconcile exactly.
What it involves: Fund administration support, client reporting, fee and billing engines, onboarding and document workflows.
Typical form of provision: Software and operational support
Regulatory considerations: Fund structures, advice and custody each carry their own authorisation and conduct rules, depending on the jurisdiction.
Dependencies and integrations: Custodians, administrators, data suppliers, tax and reporting regimes.
Sources: UN ISIC Rev.5, Section L
Mynd delivery, availability and engagement: Will be disclosed soon.

Investment and markets

Capital markets and trading infrastructure

Serves: Brokers, exchanges, trading venues, banks and asset managers.
Problem addressed: Trading, clearing and settlement chain many parties and must be timed and recorded exactly.
What it involves: Order routing, execution and trade-lifecycle systems, post-trade processing, and connectivity to venues and market infrastructures.
Typical form of provision: Software and operational support
Regulatory considerations: Operating a market or clearing house is a heavily regulated activity. The PFMI set international standards for the infrastructures themselves.
Dependencies and integrations: Venues, clearing houses, settlement systems, market data, custodians.
Sources: BIS and IOSCO, Principles for Financial Market Infrastructures; UN ISIC Rev.5, Section L
Mynd delivery, availability and engagement: Will be disclosed soon.

Investment and markets

Market infrastructure connectivity and settlement

Added by taxonomy research

Serves: Banks, brokers, custodians and asset managers.
Problem addressed: Firms connect to payment systems, depositories, settlement systems, clearing houses and trade repositories, each with its own rules.
What it involves: Connectivity, message handling, status tracking and settlement-fail management.
Typical form of provision: Software and operational support
Regulatory considerations: The PFMI cover payment systems, central securities depositories, securities settlement systems, central counterparties and trade repositories.
Dependencies and integrations: The infrastructures' own rulebooks and technical specifications.
Sources: BIS and IOSCO, Principles for Financial Market Infrastructures
Mynd delivery, availability and engagement: Will be disclosed soon.

Insurance and pensions

Insurance technology and insurance operations

Serves: Insurers, reinsurers, brokers and managing agents.
Problem addressed: Policy, claims and finance processes run across long product lifecycles and many parties.
What it involves: Policy administration, claims handling, underwriting support, reinsurance accounting and actuarial data flows.
Typical form of provision: Software and operational support
Regulatory considerations: Insurers are supervised against standards such as the IAIS Insurance Core Principles. Distribution and claims handling have their own conduct rules.
Dependencies and integrations: Actuarial models, reinsurers, brokers, data suppliers, finance systems.
Sources: IAIS Insurance Core Principles; UN ISIC Rev.5, Section L
Mynd delivery, availability and engagement: Will be disclosed soon.

Risk and compliance

Risk management, fraud prevention and financial-crime controls

Serves: Banks, payment firms, insurers, brokers and any firm handling customer money.
Problem addressed: Firms must detect and report fraud and money laundering without blocking legitimate customers.
What it involves: Transaction monitoring, screening, case management, fraud detection, and the evidence trail for each decision.
Typical form of provision: Software and operational support
Regulatory considerations: The FATF Recommendations set the international standard for anti-money-laundering and counter-terrorist-financing, and countries apply them through their own law.
Dependencies and integrations: Customer and transaction data, watch-list sources, investigator workflow, model governance.
Sources: FATF Recommendations
Mynd delivery, availability and engagement: Will be disclosed soon.

Risk and compliance

Regulatory reporting, compliance technology and governance support

Serves: All regulated firms and their compliance, risk and finance teams.
Problem addressed: Reporting rules change often, and each report has to reconcile to the books it describes.
What it involves: Regulatory data models, report production, control testing, policy and obligations registers, and audit evidence.
Typical form of provision: Software and operational support
Regulatory considerations: Reporting obligations are set by each firm's own supervisors. Tooling supports a firm's compliance and does not replace its responsibility.
Dependencies and integrations: Source finance and risk data, regulator specifications, internal controls.
Sources: BIS, Basel Framework
Mynd delivery, availability and engagement: Will be disclosed soon.

Risk and compliance

Identity, onboarding and customer due diligence

Added by taxonomy research

Serves: Banks, brokers, payment firms and lenders.
Problem addressed: Every regulated relationship starts with knowing who the customer is, and doing it without losing the customer.
What it involves: Identity verification, beneficial-ownership checks, risk rating, periodic review and record keeping.
Typical form of provision: Software and operational support
Regulatory considerations: Customer due diligence is a core requirement of the FATF Recommendations, applied by each country's law.
Dependencies and integrations: Identity data sources, screening lists, document verification.
Sources: FATF Recommendations
Mynd delivery, availability and engagement: Will be disclosed soon.

Treasury and finance operations

Treasury, liquidity and cash-management technology

Serves: Corporate treasury teams, banks and asset managers.
Problem addressed: Treasurers need one reliable view of cash, exposure and funding across many accounts and currencies.
What it involves: Cash positioning and forecasting, bank connectivity, liquidity monitoring, hedging records and intercompany funding.
Typical form of provision: Software provision
Regulatory considerations: Mostly an internal-control matter for the user. Hedging and funding products themselves can be regulated.
Dependencies and integrations: Bank connections, market data, ERP and accounting systems.
Sources: ISO 20022
Mynd delivery, availability and engagement: Will be disclosed soon.

Treasury and finance operations

Accounting, financial reporting and financial data infrastructure

Serves: Finance teams of banks, insurers, funds and corporates.
Problem addressed: Financial statements must trace back to underlying transactions and be repeatable.
What it involves: General ledger and sub-ledger systems, consolidation, close processes, financial statement production and data lineage.
Typical form of provision: Software provision
Regulatory considerations: Accounting standards and audit requirements apply to the reporting entity.
Dependencies and integrations: Source systems, chart-of-accounts governance, audit tooling.
Mynd delivery, availability and engagement: Will be disclosed soon.

Treasury and finance operations

Financial automation, operational systems and decision support

Serves: Operations, finance, risk and compliance teams.
Problem addressed: Repetitive financial work is slow and error-prone, and decisions need a visible basis.
What it involves: Workflow automation, document extraction, exception handling and decision-support tools with recorded reasoning.
Typical form of provision: Software provision
Regulatory considerations: Automated decisions about customers can fall under conduct, data-protection and model-governance rules.
Dependencies and integrations: Quality data, human review steps, model oversight.
Mynd delivery, availability and engagement: Will be disclosed soon.

Treasury and finance operations

Financial operations and outsourcing

Added by taxonomy research

Serves: Banks, insurers, funds and fintech firms.
Problem addressed: Operational work such as reconciliation, reporting and servicing can be run by a specialist on behalf of the firm.
What it involves: Operated processes under a service agreement, with defined controls, reporting and exit terms.
Typical form of provision: Operational support
Regulatory considerations: Supervisors treat outsourcing of important functions as a risk the firm still owns. Contracts and oversight must reflect that.
Dependencies and integrations: Service-level agreements, security controls, the client's oversight function.
Mynd delivery, availability and engagement: Will be disclosed soon.

Connectivity and emerging areas

Financial APIs, integrations and embedded financial capabilities

Serves: Fintech firms, platforms, banks and non-financial companies that offer finance inside their products.
Problem addressed: A firm that wants to offer a financial feature needs a safe way to connect to regulated providers.
What it involves: API design and gateways, standard message formats, partner connectivity and consent management.
Typical form of provision: Software provision
Regulatory considerations: Who holds the licence matters. A platform embedding a financial product normally relies on a regulated partner for the regulated part.
Dependencies and integrations: Regulated partners, messaging standards, authentication and security.
Sources: ISO 20022
Mynd delivery, availability and engagement: Will be disclosed soon.

Connectivity and emerging areas

Specialised financial software, infrastructure and institutional services

Serves: Institutions with needs that general products do not meet.
Problem addressed: Some institutions need a capability that no standard product covers well.
What it involves: Bespoke systems, niche data products and specialist operational support, agreed with the institution.
Typical form of provision: Case by case
Regulatory considerations: Depends entirely on the service. Assessed before any commitment is made.
Dependencies and integrations: Set by the service.
Mynd delivery, availability and engagement: Will be disclosed soon.

Connectivity and emerging areas

Digital assets and tokenised-asset infrastructure

Added by taxonomy research

Serves: Banks, asset managers, exchanges and payment firms exploring digital assets.
Problem addressed: Firms need to understand where digital assets fit within existing rules, custody and settlement.
What it involves: Custody and settlement design, research on tokenisation, and integration with traditional systems.
Typical form of provision: Software and research
Regulatory considerations: Treatment of digital assets differs sharply between jurisdictions and is changing. Assessed jurisdiction by jurisdiction.
Dependencies and integrations: Custody arrangements, ledgers, regulated venues and partners.
Sources: BIS and IOSCO, Principles for Financial Market Infrastructures
Mynd delivery, availability and engagement: Will be disclosed soon.

Connectivity and emerging areas

Financial inclusion and underserved markets

Added by taxonomy research

Serves: Institutions serving people and businesses that standard products miss.
Problem addressed: Some customer groups and regions are poorly served because the economics or the infrastructure do not fit.
What it involves: Research into unmet needs, low-cost service design and the infrastructure that makes small accounts workable.
Typical form of provision: Research and software
Regulatory considerations: Simplified or tiered requirements exist in some countries. They have to be checked in each.
Dependencies and integrations: Local partners, agent networks, mobile and identity infrastructure.
Mynd delivery, availability and engagement: Will be disclosed soon.

Not listed yet

New families are added as they are defined and verified. If your organisation needs something this catalogue does not describe, the engagement route is on the Engage page.

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