Press Releases

December 12, 2011
Amba Research-NMIMS partner to harness financial talent in India

Narsee Monjee Institute of Management Studies (NMIMS), a premier B-school has tied up with Amba Research, a global investment research firm to offer a corporate valuation/equity research programme for finance professionals. The programme will confer cutting edge capabilities in all essential aspects of the entire equity research cycle, including industry attractiveness assessment, earning forecast model building, valuation and presenting investment recommendations. 

NMIMS already has a niche in the finance space and this USP is being enhanced by offering the training programme on corporate valuation to both students and working professionals. The programme provides participants an opportunity to work on real life contemporary case studies and reinforces the process of critical thinking, attention to detail and meeting deadlines.

Amba Research is a Knowledge Process Outsourcing (KPO) firm in the financial services space that has been ranked amongst the top 3 KPO providers by the Black Book of Outsourcing (2010). The firm offers investment research, analytics, marketing and middle office support services to the global capital markets industry. Amba Research is the only investment research support services firm with an Analyst Training Program that has been approved by the CFA Institute. The CFA Institute is a global, not-for-profit association of investment professionals that awards the CFA and CIPM designations. This programme offers a solid foundation to finance students who are keen to build a career as analysts in the global capital markets industry.

According to Mohan Alexander, Founder and CEO of Amba Research: “The KPO industry in India is growing and there is a significant need for qualified finance professionals to meet the demands of this growing market. The capital markets space is as challenging as it is lucrative and we hope that this partnership with NMIMS will help young, finance professionals to be successful in their careers. We at Amba are proud to work closely with NMIMS through this partnership”.

The program has over 120 hours of classroom training reinforced with assignment-based pedagogy that amounts to about 15 weekends. The program will be beneficial for those who are keen to build a career in equity research, corporate valuation and /or investment banking. The hands-on training prepares participants   to tackle real-world challenges in corporate valuation and provide value-added service to their clients/organisations from the onset of their professional career. The program will be offered at the Mumbai, Bangalore and Hyderabad campuses of NMIMS. Under the partnership, students will be considered for employment at Amba Research based on their performance during the program.

March 28, 2011
Amba Research’s Training Program continues to qualify for CFA credits

Amba Research announced that the approval of their Equity Investment Analyst Training Program has been renewed by the CFA Institute’s Approved-Provider Program. Amba Research’s participation in the program-level tier of the CFA Approved-Provider Program continues to qualify for continuing education credit for CFA Institute members.

CFA Institute is a global, not-for-profit association of investment professionals that awards the CFA and CIPM designations. CFA Institute is dedicated to developing and promoting the highest educational, ethical, and professional standards in the investment industry.

 Amba’s 10-day Equity Investment Analyst Training Program is a practical, hands-on training program that is designed to guide its participants through all the essential aspects of the entire equity research cycle, including industry attractiveness assessment, earnings forecast model-building, valuation, and presenting investment recommendations.

 According to Mohan Alexander, Group CEO of Amba Research, “The CFA designation is highly regarded in the global investment field and so we are proud to announce the renewal of our CFA Institute Approved Training Program. At Amba, we believe in nurturing our analysts to build a solid foundation and deliver quality services to our client base. Our dedicated knowledge management team adapts cutting edge training and continuous learning programs to keep Amba analysts in line with current market trends in order to successfully meet client expectations.”

February 8, 2011
Amba Research ranked Top Investment Research Support Provider in 2010 Black Book of Outsourcing survey

Amba Research also ranked among the Top 3 KPO Service Providers in the 2010 Black Book of Outsourcing survey.

Amba Research announced that it has been ranked among the top 3 KPO (Knowledge Process Outsourcing) service providers in Datamonitor’s annual Black Book of Outsourcing survey for 2010. In addition, among firms specializing in financial research, Amba Research ranked the highest. The ranking from the Black Book of Outsourcing, a division of the Datamonitor group, is recognized as the only independent industry standard for customer satisfaction in the global services industry.

Amba Research provides investment research, analytics, marketing, and middle office support services through a 700-member team across six locations. By being the first investment research specialist firm to be mentioned in the Black Book of Outsourcing survey, Amba Research has proved that its service capability and productivity in financial research is uniquely aligned to meet the expectations of its clients.

According to Mohan Alexander, Group CEO of Amba Research, “This year, we have been ranked higher than all our competitors in the investment research support area. I would like to thank all our clients for showing trust and confidence in us, as well as everyone at Amba for their focus on service excellence.”

“We at Black Book would like to congratulate Amba Research for their consistent high ranking in the survey. The feedback from their clients has set them apart from their competition,” said Eamon Kennedy, Research Director at Black Book of Outsourcing. “Clients have commended Amba for their ability to understand their requirements, where they are ranked number one. The firm’s ability to deliver across the entire continuum of criteria that clients look for in an outsourcing vendor has been confirmed by their clients,” he added.

The 2010 Black Book of Outsourcing survey is specifically designed to capture customer satisfaction ratings from users of outsourced services across the globe. The survey covers areas such as requirements awareness, shared goals, financial benefits, risk mitigation, partnership approach, corporate reputation and many other areas that clients take into consideration when engaging with an outsourcing partner.

September 15, 2010
Amba Research Group CEO Hands Over Reins to Co-Founder Mohan Alexander

Amba Research, the leading provider of knowledge services for the capital markets, announced that Anand Pande will be leaving his position as Group CEO and Member of the Board at the end of September to join a leading global bank in a senior management position. Co-founder Mohan Alexander will take over as Group CEO effective October 1, 2010.

The Amba Board and management team placed on record their appreciation of Anand’s leadership and contributions to the firm during his tenure. “Anand has made Amba a much stronger company over the past two years, and we thank him for his efforts. We respect his decision to return to his roots,” said Mohan.

"This has been a very difficult decision for me … to leave so many fantastic colleagues and clients at Amba,” remarked Anand. “With Amba’s customer growth and revenues at record levels and a strong management team in place, I have no doubt that the company will continue to excel.”

Mohan has over 20 years of experience in the capital markets space. Prior to co-founding Amba, he was Deputy Head of Research, Asia, at Deutsche Bank and earlier worked with Lehman Brothers.

Member of the Board and co-founder Andrew Houston stated, “The Board’s decision to appoint Mohan as the new Group CEO was unanimous. He is a strong leader, and his familiarity with our clients, management team, and delivery processes will ensure continuity during this time of rapid growth.”

July 26, 2010
Amba Research featured in an Everest Group study of offshore knowledge services market in the financial services sector

Report covers detailed profile of Amba Research and future growth themes

Amba Research announced that it has been featured in a study by Everest Research Institute. The study analyzes the fastest growing segment of the knowledge services market, i.e. Research and Analytics (R&A) services for the financial services sector.

The Everest Report analyzes the evolution and maturity of R&A services for the financial services sector. It also analyzes in detail the adoption trends, market evolution and maturity, supplier capabilities and implications for buyers. According to the Everest Group report, “The offshore knowledge services market was pioneered by specialist research and analytics suppliers and captives in the early 2000s. Since then, the landscape has evolved significantly and, even though diversified IT and BPO suppliers developed scaled R&A practices, specialist suppliers continue to lead in select focus segments.”

Mohan Alexander, Founder Director of Amba Research, commented, “We are happy to be featured in this report; ours is a young industry and these type of studies/reports help in educating our target market.”