Copal Amba, a Moody’s subsidiary, is widely regarded as a leading outsourced-research and consultancy provider to financial institutions and corporations worldwide. With approximately 2,900 employees situated across the world’s major commercial centers, the Company is ideally positioned to service the requirements of 200 institutional clients, including several global investment banks, billion dollar funds, major consulting firms, and Fortune 500 corporations. The Black Book of Outsourcing 2008 ranked Copal as the #1 company for outsourced Investment Research and Analytics.