Mirai
Mirai provides cloud-native SaaS for balance sheet management, including ALM, liquidity risk, FTP, regulatory reporting, and AI-driven behavioral modeling, serving global banks — including Tier 1 GSIBs and Tier 2 regional banks — across 10+ countries with hubs in Madrid, Boston, New York, Miami, Mexico City, and London.
- Company typePrivate
- Founded2013
- HeadquartersBoston, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Mirai does
Mirai (operating as Mirai RiskTech) is a cloud-native SaaS provider of balance sheet management software for the banking and financial services sector. Founded in 2013 in Madrid, Spain, the company began as a specialist consultancy in asset-liability management (ALM), liquidity, funds transfer pricing (FTP), and regulatory projects before pivoting in 2016 to develop its enterprise SaaS platform. The customer base is concentrated in Tier 1 Global Systemically Important Banks (G-SIBs) and Tier 2 regional and mid-tier banks, with selected fintech and payment firms; named clients include Banco Santander, PayPal, BNY Mellon, State Street, Western Alliance Bank, Sabadell, Openbank, and Flywire, with operations spanning more than 10 countries across North America, LATAM, EMEA, and the Middle East.
The platform is built on a microservices architecture with continuous integration, delivering unified capabilities across scenario simulation, behavioral modeling, regulatory reporting, and AI-driven assumption self-calibration on a single governed data foundation with transaction-level granularity. Core products include Mirai ALM and Liquidity (IRRBB and liquidity risk management), Mirai Regulatory Reporting (covering EBA, IRRBB, LCR, NSFR, FINREP, and COREP), Mirai FTP and Profitability, and Mirai AI. Notable features include the Scenario Simulation Engine (unlimited parallel scenario execution), Versioning (complete snapshot of every scenario run with side-by-side comparison), the ALCO Pack integrated reporting dashboard, and External Modeling Information (EMI) for macroeconomic factor integration. The company contractually guarantees that every new regulatory request is available before it becomes mandated.
Mirai monetizes through SaaS subscriptions and consulting services, delivered via a 100% direct enterprise field sales motion with no self-serve option. The sales process follows a structured demo evaluation — personalized 30-minute live demo, fit call, and guided demo — with pricing likely enterprise-tier based on institution size and scope. The company is privately held and founder-led, with Olmo Vázquez serving as Co-Founder and CEO, and operates with approximately 150 employees across 20+ countries, with hubs in Madrid, Mexico City, Boston, New York, Miami, and London. Mirai was named a Chartis Research Category Leader across seven ALM and Regulatory Reporting quadrants in 2025 and advanced to the global Top 50 in the RiskTech100 2026, while holding ISO 27001 certification and GDPR compliance.
Mirai firmographics
Firmographics- Name
- Mirai
- Legal name
- MIRAI ADVISORY, S.L.U.
- Website
- https://www.mirairisktech.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mirai provides cloud-native SaaS for balance sheet management, including ALM, liquidity risk, FTP, regulatory reporting, and AI-driven behavioral modeling, serving global banks — including Tier 1 GSIBs and Tier 2 regional banks — across 10+ countries with hubs in Madrid, Boston, New York, Miami, Mexico City, and London.
- Ownership category
- akta.pro rank
Mirai industry classification
Industry- Product category
- Financial Risk and ALM Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Custom Computer Programming Services (541511)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- SME Treasury & Liquidity Management (FX, Hedging, Sweep/Investment) (FSABABAE)
Keywords
Where Mirai is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Mirai business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: Cloud-native SaaS subscription for balance sheet management platform. Fully managed service with quarterly innovation releases included at no additional cost. Pricing likely enterprise-tier based on institution size and scope.
- Consulting Services: Expert-led, data-driven advisory for balance sheet, treasury and risk operations transformation. Complements the SaaS platform with implementation and consulting engagements.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels10 records
Mirai product offering
Product offeringCore offering
Mirai provides a cloud-native SaaS platform that unifies Asset Liability Management (ALM), liquidity risk management, Funds Transfer Pricing (FTP), regulatory reporting, and AI-powered balance sheet optimization for banks. The platform delivers real-time parallel scenario simulation, transactional-level data granularity, and contractually guaranteed pre-mandate regulatory compliance (EBA, ECB, Fed, PRA, Bank of Mexico, Bank of Chile).
Product overview
Mirai offers a unified, cloud-native Balance Sheet Management SaaS platform comprising four core products: Mirai ALM & Liquidity, Mirai Regulatory Reporting, Mirai FTP & Profitability, and Mirai AI. These products work together as an integrated platform providing a single governed foundation across Treasury, ALM, Risk, and Finance. The platform enables scenario simulation, behavioral modeling, regulatory reporting, and AI-powered balance sheet optimization. Solutions are also offered by use case (Treasury, Market Risk, FTP & Planning, IT) to address specific bank needs. All products share common parameterization, a unified data model, and consistent assumptions across all modules.
Differentiator
Problem solved
Functional benefit
Brands
- Mirai ALM & Liquidity: Integrated ALM and liquidity risk management solution
- Mirai Regulatory Reporting
- Mirai FTP & Profitability
- Mirai AI
Products and services
- Mirai ALM & Liquidity Integrated ALM and liquidity risk management solution for optimizing IRRBB and liquidity risk. Designed for bank Treasury, ALM, and Risk functions at Tier 1 GSIBs, Tier 2, and smaller banks.
- Mirai Regulatory Reporting Comprehensive automated regulatory compliance solution covering EBA liquidity reporting, IRRBB, LCR, NSFR, FINREP, and COREP. Contractually guarantees every new regulatory request is available before it becomes mandated.
- Mirai FTP & Profitability Funds Transfer Pricing solution enabling sustained profitability through driver-based FTP for transparent profitability planning and NII volatility control. Supports multiple calculation methods including contractual phase or state.
- Mirai AI AI-powered balance sheet optimization providing data-driven insights for critical steering decisions through reliable AI and machine learning analytics. Continuously self-calibrates behavioral assumptions (deposit decay, beta sensitivity, prepayment, default, non-maturity deposits, market interest rates) on deep historical data.
- Mirai Consulting Services Expert-led, data-driven advisory for balance sheet, treasury, and risk operations transformation. Complements the Mirai SaaS platform with implementation and consulting engagements for banks undergoing ALM modernization.
Quantifiable outcome
- Scenario processing time reduced from 35+ hours to 25 minutes for G-SIB client
- +4 more outcomes
Companies that use Mirai
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles3 records
Mirai technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature10 records
Mirai partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Amazon Web Services (AWS) SpaincoreAWS Spain partnered with Mirai for the II Executive Breakfast Madrid event, hosted at AWS Spain headquarters in Torre Foster. AWS provides cloud infrastructure powering Mirai's cloud-native SaaS platform. The partnership demonstrates technological collaboration for financial risk technology delivery.
Scale indicators7 records
Recent moves6 records
Expansion highlights7 records
Mirai competitors and assessment
Company assessmentDirect peers
- Moody's Analytics: Moody's Analytics is the most established vendor of ALM, IRRBB, liquidity risk, and regulatory reporting software to global banks. It directly competes with Mirai's ALM & Liquidity and Regulatory Reporting modules for the same G-SIB and Tier 1 buyer.
- Wolters Kluwer (OneSumX): Wolters Kluwer's OneSumX is a leading regulatory reporting and ALM platform for banks across EBA, PRA, and Fed regimes. It competes head-to-head with Mirai Regulatory Reporting and parts of Mirai ALM in the same bank risk and compliance functions.
- Murex: Murex provides a treasury, ALM, and capital markets platform used by large global banks. It is a direct competitor to Mirai's ALM and FTP capabilities, particularly with Tier 1 institutions running complex, multi-entity balance sheets.
- Calypso (ION Group): ION's Calypso is a treasury, liquidity, and balance sheet management platform widely deployed at large banks. It competes directly with Mirai ALM & Liquidity and Mirai FTP for the same enterprise treasury buyer.
- Finastra: Finastra provides a broad banking software suite including treasury, risk, and regulatory reporting modules. It overlaps with Mirai across ALM and regulatory reporting, particularly in Tier 2 and emerging-market banks that constitute Mirai's expansion target.
Broad incumbents
- SAS: SAS offers a broad risk analytics and regulatory reporting platform used by global banks. While not a pure ALM specialist, it competes with Mirai on regulatory reporting, stress testing, and scenario analytics inside bank risk functions.
- FIS: FIS is a large incumbent banking technology provider spanning core, treasury, and risk. It competes with Mirai as part of broader bank-vendor consolidation decisions, especially in North American Tier 1 and Tier 2 banks.
- Oracle Financial Services: Oracle Financial Services Analytical Applications (OFSAA) offers ALM, FTP, and regulatory reporting for global banks. It is a broad incumbent that competes with Mirai's ALM, FTP, and Regulatory Reporting products in large, complex banking groups.
- Bloomberg (PORT and Risk): Bloomberg's PORT and broader risk analytics suite are widely used by large banks for portfolio and balance sheet risk. It serves as an incumbent benchmark that Mirai is increasingly positioned against in market risk and FTP conversations at Tier 1 institutions.
Emerging players
- Numerix: Numerix provides analytics for derivatives, market risk, and balance sheet valuation across capital markets and bank treasury. It overlaps with Mirai in market risk and structural risk modeling for sophisticated banking and capital markets clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Mirai social profiles
Digital presenceMirai compliance and trust
Trust signalCompliance2 records
Mirai financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mirai leadership team
Management profileNumber of profiles
Profiles5 records
Mirai subsidiaries and ownership
Company hierarchySubsidiaries3 records
Mirai funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mirai M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mirai
What does Mirai do?
Mirai provides a cloud-native SaaS platform that unifies Asset Liability Management (ALM), liquidity risk management, Funds Transfer Pricing (FTP), regulatory reporting, and AI-powered balance sheet optimization for banks. The platform delivers real-time parallel scenario simulation, transactional-level data granularity, and contractually guaranteed pre-mandate regulatory compliance (EBA, ECB, Fed, PRA, Bank of Mexico, Bank of Chile).
Is Mirai a public or private company?
Mirai is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mirai founded?
Mirai was founded in 2013. It employs 51 to 100 people.
Where is Mirai based?
Mirai is headquartered in Boston, United States, in the North America region.
How does Mirai make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are consulting Services.
Who are Mirai's main competitors?
Direct peers on record are Moody's Analytics, Wolters Kluwer (OneSumX), Murex, Calypso (ION Group) and Finastra. Broad incumbents are SAS, FIS, Oracle Financial Services and Bloomberg (PORT and Risk). Numerix is listed as an emerging player.
Does Mirai have an API?
No public API is recorded for Mirai.
What industry is Mirai in?
Mirai's product category is Financial Risk and ALM Software. Its primary akta.pro industry code is FSABABAE, SME Treasury & Liquidity Management (FX, Hedging, Sweep/Investment). Its NAICS code is 5182 and its SIC code is 6199.