By Veronica Balitski, Wall Street Letter

Copal Partners, a New York-based firm that outsources research from India to U.S. broker-dealers, expects to boost its staff of 100 analysts in New Delhi by 20-30% this year as demand picks up. Copal performs equity and fixed-income research for U.S. and foreign investment banks, brokerages and fund companies. “In the last six months, banks have become much more open to outsourcing. We are continually hiring analysts,” said Rishi Khosla, CEO and co-founder.

Copal, which was founded by former researchers from Goldman Sachs, JPMorgan, GE Capital and McKinsey & Co. performs front office functions such as fundamental and valuation analysis, which allows banks to substitute many of its own analyst and associate functions. Copal expects to grow its U.S. business by 20% this year as banks increase outsourcing to cut research costs.

Latest News

 news image new
Staff member from Acuity Knowledge Partners tests positive for COVID-19......

Colombo, Sri Lanka: 20th October, 202...... Read More

Oct 20, 2020

 news image new
Issuance surge continues in September with $47.28B and $342B YTD......

Municipal bond issuers flooded t...... Read More

Oct 15, 2020

 news image new
“With Green Aluminum Flowing, Manufacturers Struggle To Make Product ESG Top Priority”......

Data and insights from our Investment Researc...... Read More

Jul 22, 2020

 news image new
“What Negative Oil Prices Mean To The Top Exporting Countries”......

Data and insights from our Consulting team (O...... Read More

Apr 21, 2020

 news image new
“Acuity Knowledge Partners Eyes AI To Beef Up Financial Research For Banks”......

The feature covers our expertise in AI and te...... Read More

Mar 16, 2020

 news image new
Acuity Knowledge Partners demonstrates continued momentum with strong growth in 2019......

The company logged another year of do...... Read More

Jan 28, 2020