Founded in 1989, PMC Treasury Ltd. is an independent and impartial global consultancy specialising in treasury and financial risk management solutions. With more than 35 years of experience, PMC delivers expert advice and practical support to corporates and financial sponsors across the globe. The firm operates from offices in New York, London, and Singapore, providing services that enable clients to assess, define, and execute their financial strategies with precision and confidence.
Core Services and Expertise:
- Risk Management: PMC provides clarity, guidance, and deep expertise in the management of interest rates, foreign exchange, cash, banking, and commodities. Being wholly independent ensures that all advice is objective and focused on value creation and dynamic control throughout the hedging lifecycle.
- Treasury Solutions: PMC assists in the establishment, operation, and optimisation of treasury infrastructure. Its consultants empower clients to understand and manage their corporate treasury risks, offering practical solutions tailored to each organisation’s scale and complexity.
- PMC Analytics: The firm offers a cloud-based platform that delivers daily non-performance risk-adjusted valuations, based on global best-practice standards. This platform ensures clients benefit from accurate and timely portfolio valuations.
Industries Served:
PMC Treasury serves a wide range of clients, including corporates, private equity houses, and infrastructure funds. A notable example of the firm’s capabilities in the Iberian market is its advisory role in over 10 GW of energy projects across Spain and Portugal.
2. Expansion into the Madrid Region
PMC Treasury’s decision to establish a subsidiary in Madrid aligns with its strategic ambition to strengthen its presence in continental Europe and to build on the firm’s proven experience in the Iberian market. Madrid stands as Spain’s principal financial hub, home to 18% of the country’s financial, insurance, accountancy, and professional services firms. Remarkably, 60% of Spain’s large financial and insurance institutions—defined as those employing over 50 individuals—are based in the Madrid region, highlighting a dense concentration of financial expertise and institutional presence.
The financial ecosystem in Madrid is anchored by the headquarters of leading Spanish banks such as Santander and BBVA, as well as the regional offices of international giants like Bank of America, Deutsche Bank, and BNP Paribas. For PMC Treasury, this provides a rich landscape for collaboration, partnerships, and proximity to key clients and stakeholders.
The regional government’s pro-business stance further enhances its appeal. Initiatives such as the Investment Accelerator and the Open Line against Hyper-Regulation reflect a commitment to reducing red tape and improving administrative efficiency for foreign investors. Of particular relevance to international firms are the region’s fiscal incentives, including a 20% deduction on the regional portion of Personal Income Tax (IRPF) for foreign investment—a clear signal of Madrid’s openness to global business.
Geographically, the Madrid region is well-positioned at the centre of the Iberian Peninsula, with advanced transport links that offer seamless connectivity to European, African, and Latin American markets. The Adolfo Suárez Madrid–Barajas Airport is one of Europe’s busiest hubs, and the extensive high-speed rail and road networks ensure efficient access across the continent.
In addition to its traditional financial strengths, the region is becoming a magnet for financial innovation. Madrid is home to over 200 fintech companies and is ranked the fourth-largest fintech city in the world. Its digital infrastructure is equally robust: 98% of the region is covered by high-capacity networks, and global technology players such as Microsoft and Google continue to invest in local digital ecosystems. This forward-looking environment aligns closely with PMC Treasury’s commitment to digital tools, data-driven insights, and analytics-led financial advisory.
In summary, Madrid’s established financial ecosystem, innovation-driven infrastructure, strategic location, and strong institutional support make it an ideal environment for PMC Treasury’s continued growth and enhanced service delivery across Europe.
3. Setting Up the Madrid Entity
PMC Treasury’s establishment of a subsidiary in Madrid is a strategic move to enhance its presence in continental Europe. The setup process has involved several key steps:
- Legal and Regulatory Compliance: Ensuring adherence to Spanish corporate laws and financial regulations.
- Office Establishment: Securing office space in Madrid’s financial district to facilitate operations and client meetings.
- Talent Acquisition: Recruiting local professionals with expertise in treasury and financial risk management to serve the Iberian market effectively
4. Expectations and Future Plans
In the short term, PMC Treasury aims to solidify its presence in Madrid by building a robust client base and delivering high-quality services tailored to the needs of the Iberian market. This includes leveraging its expertise in risk management, treasury solutions, and analytics to support clients in navigating financial complexities.
Long-term objectives involve expanding the firm’s footprint across continental Europe, using the Madrid office as a strategic hub. This expansion aligns with PMC Treasury’s global strategy of providing independent and impartial financial consultancy services to a diverse range of clients. The Madrid subsidiary is expected to play a pivotal role in enhancing client relationships, fostering innovation, and contributing to the firm’s overall growth trajectory.