Amba Research Lanka signs MoU with University of Colombo

Amba Research Lanka Ltd. has announced the signing of a Memorandum of Understanding (MoU) with the University of Colombo to expand analytics training capabilities. The program aims to create a high-end analytics talent pool drawn from Sri Lankan university graduates with a background in disciplines such as mathematics, statistics, engineering, economics, and computer science.

The massive growth in data availability, due to advances in technology, and the growing culture of analytics-centred corporate decisions have established predictive analytics as a major growth industry globally. The rise of social media sites has also played a part in this industry’s evolution. Amba Research and the University of Colombo hope to address the ever increasing demands of this rapidly expanding global analytics industry by establishing Sri Lanka as a leading player.  As a part of this collaboration, the University of Colombo will develop postgraduate training programs covering analytics modules aimed at training university graduates to undertake advanced analytical assignments and draw conclusions on consumer behaviour, engage in risk management practices, and work with structured and unstructured data sources. Amba Research will support this initiative by providing industry practical training opportunities and sharing global best practices in analytics.

Amba is the largest independent capital markets specialist outsourcing firm. Amba is ranked number one in the investment research and analytics space according to independent customer satisfaction surveys.

A majority of the top 15 global sell-side and buy-side firms use Amba in areas such as equity research, fixed income and credit research, quantitative research, sales and marketing, corporate finance, and compliance.  Asset managers, brokerages, and investment banks have not only saved more than US$ 600 miliion by utilising Amba’s services over the past eight years, but also built a new operating model that helps them win market share and outperform while eschewing inflexible cost structures.

The oldest university in Sri Lanka, the University of Colombo is a sprawling complex located in the heart of the capital city of Colombo. In keeping with its motto ‘BuddhiSarvathraBhrajate’, Sanskrit for ‘Wisdom Enlightens’, the University of Colombo strives to maintain academic excellence in all areas of study.

Ranked as one of South Asia’s best universities, the university has seven faculties with 43 academic departments, one campus, a school, six institutes, and several centres and units. The university conducts undergraduate and postgraduate courses in arts, science, medicine, management, finance, law, education, IT, and aesthetic studies. The university also offers library services, career guidance, and services for differently-abled students.

Today, the University of Colombo with a proud history of over 115 years continues in its endeavour to meet the challenge of maintaining its position as the ‘Capital University, Modern and International in Outlook and Character’. The location of the university affords the student population all advantages of a metropolitan university, with easy access to international information and resource centres, libraries, theatres, and sports complexes.