Amba Research
| Type | Private (Bangalore, India) |
|---|---|
| Industry | Capital Markets, Investment Research Support, Analytics, Knowledge Process Outsourcing (KPO), Financial Services KPO |
| Founded | 2003 |
| Founder(s) | Anand Aithal Andrew Houston Brad West Mohan Alexander |
| Services |
Investment Research, |
| Employees | 700+ |
| Website | www.ambaresearch.com |
Amba Research is a financial services Knowledge Process Outsourcing (KPO) firm that provides investment research, analytics, marketing, and middle office support services to the global capital markets industry. Clients of Amba Research include Asset Managers, Investment Banks, Brokerages, Private Equity and Venture Capital firms, Commercial banks, Insurers and Enterprises. The company provides research and analytical support across multiple asset classes, including global Equities, Fixed Income and Credit. It also provides support for Quantitative research, Funds Sales and Marketing, Research On-demand, Insurance Analytics and Business Research. Over 70 companies, including 6 of the top 15 global asset managers and 6 of the top 15 global investment banks use Amba to differentiate and outperform. It employs over 700 people globally and maintains offices in New York (USA), London (UK), Bangalore (India), Colombo (Srilanka), San José (Costa Rica) and Singapore.
Amba Research was ranked Top Investment Research Support Provider in the 2010 Black Book of Outsourcing survey. Amba was also ranked among the Top 3 KPO Service Providers in the 2010 Black Book of Outsourcing survey.
Amba Research was ranked among the Top 3 Financial Services and Investments KPO vendors in the 2009 Black Book of Outsourcing survey [1]
Contents |
[edit] History
Amba Research was founded in 2003 by four senior directors of research from Goldman Sachs, Deutsche Bank, and JP Morgan. The company's name is a combination of the first letter of each of the founders' names. It opened its first facility in October 2003 in Sri Lanka, and its second office in June 2004 in Singapore. In February 2005, Amba Research entered India, and in June 2006, it launched operations in Costa Rica.
[edit] Founders
- Andrew Houston (MBA, CFA). Ex-JPMorgan Chase/Jardine Fleming MD and head of Asia research, and Asia strategist with twelve years of Asia research experience. Led II-rated strategy and economics teams
- Mohan Alexander (MS, MBA). Ex-Deutsche Bank deputy head of Asia Research and head of India research with twelve years of Asia research experience
- Brad West (MBA). Ex-Deutsche Bank MD and head of global emerging markets and Asia equity research, and Asia micro strategist with ten years Asia research experience. Former CLSA research head
- Anand Aithal (MA). Ex-Goldman Sachs MD, head of Goldman Sachs' India research JV, and Asia strategist with eleven years of Asia and Europe research experience
[edit] Services Provided
Equity Research – Services offered include financial modeling and valuation services and writing company and industry reports. The company also specializes in building new forecast models based on consensus or proprietary estimates; and relative and absolute valuation and sensitivity analysis. Amba Research analysts also prepare draft sections of broker reports and provide a range of in-depth sector/industry studies for both buy- and sell-side clients.
Quantitative Services – Operations include mathematical modeling, statistical analysis, and computer programming.
Fixed Income and Credit Research – Amba Research analysts provide research reports using public information, especially on high-yield and unrated credits. Reports range from "quick-and-dirty" reports for ongoing monitoring (overnight notes and relative value calls, credit risk reviews, and grading systems) to more in-depth analyses (rating-agency style, new issue/coverage initiation). In addition, the company provides support for identifying and evaluating potential relative-value trading strategies. It also provides theme-piece/sector reviews.
Recovery/Valuation Estimates – The company provides support in making recovery estimates in default and/or distressed-debt situations.
Accounting Diagnostics – Over 45% of Amba Research staff members are accountants, including CIMA and ACCAqualifications. Therefore, the company also specializes in research on areas such as quality of earnings, accounting diagnostics, impact of changes in accounting policies on index constituents, data mining notes to accounts for companies' revenue recognition policies, off-balance-sheet items, and pro forma merger accounting.
[edit] Customer Segments
- Asset Managers: [2]
- Investment Banks: [3]
- Brokerages: [4]
- Private Equity and Venture Capital firms: [5]
- Commercial Banks: [6]
- Corporates: [7]
- Insurers
[edit] Other information
[edit] Awards and Recognition
- CIMA Employer of the year 2007 (Runner up)
- Amba equity analyst training program qualifies for Continuing Education credits under CFA Institute Approved-Provider program
- ISO 27001 Certification (awarded to all delivery locations)
- Amba Research is ranked Top Investment Research Support Provider in the 2010 Black Book of Outsourcing survey Press Release - also ranked among the Top 3 KPO Service Providers in the 2010 Black Book of Outsourcing survey
- Amba Research is ranked among the Top 3 Financial Services and Investments KPO vendors in the 2009 Black Book of Outsourcing survey Press Release
[edit] Competitors
Competition would include other third-party vendors as well as captive units of investment banks. The main competitors in the third party vendors list would include
[edit] Offices
Colombo, Sri Lanka - Amba Research Lanka (Private) Limited
Bangalore, India - Amba Research (India) Private Limited
San José, Costa Rica - Amba Research Costa Rica S.A
Singapore - Amba Research Singapore (Pte) Ltd
New York, USA
London, UK
[edit] See also
- Knowledge Process Outsourcing
- Knowledge economy
- Offshoring
- Offshoring Research Network
- Financial Services
- Financial Analyst
- Quantitative research
- Financial Services KPO
- Investment Research Support
- Equity Research
- Fixed Income and Credit Research
- Corporate Finance
- Funds Sales and Marketing
- Research On-demand
- Business Research
- Insurance Support
- Asset Managers
- Investment Banks
- Brokerages
- Private Equity and Venture Capital Firms
- Enterprises[disambiguation needed
] - Commercial banks
- Insurers
- Fixed income research
- Credit Research
[edit] References
- The Global ETF Market is Coming of Age, a white paper by Andrew Houston, CFA
- Tackling the Economic Challenges Facing Brokerage Research, a white paper by Andrew Houston, CFA and Ravi Sundararaman
- Amba's Houston predicts rising Asian demand for outsourcing
- CIMA global president visits Amba Research
- Amba Research selects Avistar Desktop Videoconferencing; Joins Avistar's securities community network for financial services
- Amba Research hires top talent
- Amba sees increased interest from international clients
- Amba Research begins operations in Costa Rica
- Amba Research begins operations in Costa Rica