Client’s Need:

• A large buy-side firm required support to assess the compliance merits of firms (brokerage firms, advisors, banks, etc.) nominated to act as its intermediaries

Amba’s Solution:

• Amba deployed a team of compliance-trained analysts to conduct due diligence on the prospective intermediaries through regulatory channels and creative online searches. 
• The process includes compiling a list of regulatory filings and significant search results to identify any possible regulatory risks of carrying out business with the firm.
• The risks identified are formulated into a compliance opinion and shared with the client.

Value/Outcome:

• The entire research concludes in less than 48 hours, with a compliance opinion that is shared with the client’s compliance team.
• Amba provides the client with a detailed overview of the intermediary’s compliance risk, enabling the client to make a sound value judgment.
• More than 10 compliance risk assessments of intermediaries are completed for the client in a month.