ESP 
Institutional Financial Advisory
We provide our clients with tailored financial advisory services to support their investment decisions. Our focus is on maximising investment performance while aligning with the specific objectives of each client.
Investment Selection and Risk Management
Our investment selection process is based not only on profitability, but also on compliance with each company’s Investment Policy. The Investment Committee (IC) plays a key role in this process, setting clear parameters for asset purchases and ensuring consistency between assets and liabilities in terms of amount and investment duration.
The Role of the Investment Committee (IC)
The IC is composed of representatives from both the company and Miraltabank, and follows well-defined processes for investment and risk management. This ensures a strategic and well-founded decision-making process that aligns with the company’s long-term financial objectives.
Specialised Advisory on Solvency II
We provide advisory and assistance services to ensure compliance with the requirements established under Directive 2009/138/EC (Solvency II) a regulatory framework that enhances insurers’ risk management and solvency oversight. Our team supports these entities on key aspects such as internal supervision, capital requirements compliance, and regulatory transparency.
Look Through y QRT (Quantitative Reporting Templates)
We assist in conducting transparency analyses of investment funds and in completing regulatory reporting templates for supervisory authorities (QRT).
Risk Management for Insurance Companies and Mutual Societies
We understand that effective risk management is essential to creating value and supporting informed decision-making. That’s why we provide advisory services to credit institutions, insurance companies, and investment service firms, helping them design and implement their risk management strategies.
Specialised Risk Management Services
- Market Risk Calculation (VaR)
- Liquidity Risk Calculation
- Credit Risk Calculation
- Stress Testing Implementation
- Review of Limits and Legal Coefficients
- Compliance Review of Investment Policy
- Internal Limits Compliance Review
- Backtesting Calculation
Support Service for SGIIC Risk Management Units
Miraltabank also provides a specialised support service for the risk management of SGIICs (Management Companies of Collective Investment Schemes), in compliance with Rule 4 of CNMV Circular 6/2009.
Tailored Solutions for SGIICs
- Market Risk Calculation (VaR)
- Liquidity Risk Calculation
- Credit Risk Calculation
- Stress Testing Execution
- Review of Limits and Legal Coefficients
- Investment Policy Compliance
- Backtesting Calculation
Your Financial Future Is in Good Hands
With our financial advisory services, you can have peace of mind knowing that your decisions are supported by a team of experienced professionals. From the initial planning stage to the execution of each strategy, we ensure that you stay on the right path toward financial success.
Financial Impact Assessment Report on Climate Change Related Risks
This report enables the analysis and quantification of the effects of climate change on investments, in accordance with Law 7/2021 on Climate Change and the Draft Royal Decree of May 2023, which regulates the content of such reports.
Through a structured approach, we assign ESG scores to issuers based on their performance across environmental, social, and governance criteria, helping to identify both risks and opportunities within the market.
In addition, the report assesses portfolio exposure to controversial sectors, providing a clear view of the impact of corporate activities on sustainability and compliance with ESG regulations.
This analysis is essential for ensuring diversification, security, and transparency in financial decision-making, supporting investors and companies in mitigating risks associated with climate change. Moreover, it promotes investment strategies aligned with sustainability principles and the current regulatory framework, offering a clear and detailed perspective on the financial impact of these factors within investment portfolios.