Who are we?

Mission
Vision


Afi values
What sets us apart
Technical excellence, rigor and independence
Our clients’ trust stems from in-depth knowledge and the most rigorous analysis.
We do not limit ourselves to following standards: we define them ourselves, always pursuing excellence and generating value that goes beyond what is expected.
Our independence allows us to offer objective solutions, based on our own judgment and the robustness of our analyses.
Customer partners
We build long-term relationships based on trust and mutual benefit.
We are committed to generating value and shared growth, both for our clients and for Afi and the people who make it up.
A single Afi
Our client hires Afi as a whole.
We offer comprehensive solutions as a single team. We combine analytical, financial, regulatory, technological and training capabilities to provide precise, tailored answers.
Creative vision
Creativity, grounded in rigor, allows us to find solutions that others do not see.
Our multidisciplinary approach drives us to think laterally and to tackle complex challenges from new perspectives.
Our Story
1987
December 3rd
Analistas Financieros Internacionales S.A. is established as a wholly owned subsidiary of the Gesmosa group, owned by several dozen savings banks, with a share capital of 30,000 pesetas. Afi began its activity providing analysis and advisory services on economics and markets at Calle Caracas 13 in Madrid, its first headquarters. The founding team consisted of Emilio Ontiveros, Angel Bergés, and Francisco J. Valero.
June
As a result of the merger of Gesmosa and Gesinca, two companies that provide investment services in markets and are owned by savings banks, the new Ahorro Corporación group was created. All Ahorro Corporación analysis services are integrated into Afi, which becomes a company wholly owned by Ahorro Corporación.
1992
January 24th
Incorporation of professional partners into Afi's share capital for the first time: after acquiring 50% of the company from Ahorro Corporación. Emilio Ontiveros, Ángel Bergés, Francisco J. Valero, Daniel Manzano, Ignacio Ezquiaga and Miguel Morán form the first group of professional partners to join the company with Emilio Ontiveros being appointed CEO.
1993
December 17th
Afi acquires the building located at Calle Españoleto 19, Madrid, where it sets up and establishes its new headquarters the following year. It carried out its activities there for the next 22 years.
1994
June 13th
Afi establishes its subsidiary Afi Escuela S.A. to channel its training activities in finance.
September
Start of the first edition of the Master
in Banking and Finance (MBF).
October
First edition of the Guide to the Spanish Financial System. Eight editions have been published since then.
December 28th
Afi establishes the subsidiary Afi Consultores de las Administraciones Públicas S.A. to channel its advisory and consulting activities to public administrations.
1994
February 14th
Afi constitutes Afi Tecnología Información y Finanzas S.A. to channel two innovative and emerging activities of the group: counseling and consulting in the field of Quantitative finance together with technology and digitization.
June 13th
The areas of Quantitative Finance and Digital Solutions are formally created.
September
Start of the first edition of the Master
in Quantitative Finance.
November 27th
Afi begins offering direct services via the Internet and creates its website.
1999
February 15th
Afi establishes the Afi Foundation to channel its activities in corporate social responsibility, volunteering, and contributing to financial literacy.
November 4th
Afi begins offering audit services aimed at public administrations.
2002
February 24th
With the development of the internet, Afinet Global S.A. was established to originally provide online information and advisory services.
June 16th
All participations are integrated
of professional partners in companies
of the group.
October
Afi's international area is formally created.
2007
October 3rd
Emilio Ontiveros takes over as president of Afi and Ángel Berges is appointed as the new CEO.
2009
September 15th
Transformation of Afinet Global S.A. into Afinet Global EAFI S.A. (a company supervised by the CNMV) to provide investment advisory services
2014
January 23rd
Constitution of Afi Morocco for the provision of consulting services in Morocco.
February 17th
Partners now own the entire company after acquiring the remaining 50% from Ahorro Corporación S.A.
2015
April
An Advanced Analytics area is created.
September
Beginning of the first edition of the
master's degrees in Data Science and Big Data.
September 1st
Change of headquarters to Calle Marqués de Villamejor 5, Madrid
2017
February 22nd
A generational change is taking place in the company's management, withBorja Foncillas being appointed as the new CEO and an executive committee composed mainly of second-generation partners
May
The Afi office in Algeria is created.
June 23rd
Constitution of Afi Mexico CV SA for
the provision of training services in
that country.
September
Establishment of Afin Compliance for the provision of regulatory compliance services to entities.
2019
May 29th
Transformation of Afinet Global EAFI S.A. into Afi Inversiones Globales SGIIC S.A., for the provision of institutional services
to investment services companies.
2021
May 26th
Establishment of Afi Corporate Venturing S.L. to channel Afi's holdings in the capital of innovative companies
June 18th
Establishment of Afi Seniors S.L. to provide independent advisory services on reverse mortgages.
2022
August 1st
Emilio Ontiveros, founder and president of Afi, passes away
October 21st
Renaming of the Afi Foundation, which becomes the Afi Emilio Ontiveros Foundation.
2024
December 11th
Afi Escuela, a leader in economics, finance, and technology education, announces, at the close of its 30th anniversary, its evolution into Afi Global Education.