Introducing Callum Murray and Amiqus

Callum Murray is the driving force behind Amiqus , a leading compliance and onboarding platform. The company specializes in helping businesses streamline the process of verifying client and employee identities, conducting background checks, and ensuring regulatory compliance. Amiqus serves a diverse clientele, including banks, wealth managers, and government agencies.

Digitally verify and onboard clients or staff in minutes.

The market-leading compliance platform for legal, recruitment, public sector and financial services.

The Amiqus Platform: How it Works

Amiqus provides the software infrastructure that businesses use to manage the onboarding process. Whether it's opening a new bank account or bringing on a new employee, the platform helps verify identities, assess risks, and ensure compliance with relevant regulations. By automating many of the manual tasks involved in onboarding, Amiqus saves businesses time and resources while reducing the risk of errors.

Industry Trends Shaping the Market

The compliance and onboarding industry is experiencing a dynamic shift. While certain sectors, such as property, are thriving, others have faced challenges. Despite these fluctuations, Amiqus has maintained steady growth by diversifying its client base. The company’s ability to adapt to changing market conditions has been instrumental in its success.

“If we think about staff vetting or pre-employment screening, there's usually a bit of a fluctuation - there are either loads of contingent workers or loads of perm staff. And that's been in a state of flux, so the market's been a bit unusual where things have moved around a bit... In property we can see the Edinburgh market is just constantly on the go. There's never really a dip, it used to be seasonally, but now it goes like a train... But in our sector, we've been growing fast for the last five or six years. We've always been growing, we've been doubling, so we've kind of bucked the trend. And the people who are in our orbit are in a similar position where we are an early stage, fast growing technology business... Things may slow down externally or around you, but you keep growing. So, people like us who are providing software as a service type product, they're growing, and I think, the climate around that, like funding and so on, that's changed as well”.

 A Year of Growth and Learning

The past 12 months have been a period of significant growth and learning for Amiqus. The company has expanded its operations and deepened its market penetration. A key focus has been on strengthening internal communication and fostering a strong company culture. Additionally, Amiqus has invested in technology and process improvements to enhance efficiency and deliver greater value to clients.

Amiqus funding and fundraising.

Prioritizing People and Culture

Amiqus recognizes that its employees are the cornerstone of its success. The company has implemented initiatives to support employee growth and development, including dedicated training programs and opportunities for career advancement. A strong emphasis on internal communication ensures that everyone is aligned with the company's goals and feels connected to the broader team.

“Yeah, you can automate things. You can put in systems and processes, but ultimately good people make good things. So, you need to be attracting and looking after and helping those people grow”.

Looking Back: What Would Be Done Differently

While reflecting on the company's journey, Callum acknowledges that there are always opportunities for improvement. While Amiqus has achieved significant milestones, there are areas where processes could be accelerated. The company is committed to continuous learning and adaptation to ensure ongoing success.

“Maybe we go a bit faster... we doubled revenue every year for about five years, but it never seemed fast enough”.

A Bright Future Ahead

Amiqus is poised for continued growth and expansion. The company is focused on scaling its platform to meet the needs of larger clients and investing in technology that will simplify the compliance process for individuals. By leveraging its expertise and staying ahead of industry trends, Amiqus aims to strengthen its market position and deliver exceptional value to its clients.

Building a Strong Leadership Team

Amiqus believes in developing talent from within. The company has a track record of promoting employees to leadership positions based on their performance and potential. While external hires have complemented the team, the core leadership is composed of individuals who have grown within the organization.

Advice for Aspiring Entrepreneurs

Callum offers valuable advice to aspiring entrepreneurs: patience, resilience, and a long-term perspective are essential qualities for building a successful business. He emphasizes the importance of learning from mistakes, adapting to challenges, and maintaining a strong focus on customer needs.