Why Frontline Analysts?
- Only we have Veteran City and Wall St. analysts mentoring and training young analysts
- Cutting edge recruitment and training programs. We have developed unique intensive apprenticeship programs which produce proactive, thoughtful analysts for global capital markets
- Lean and efficient. Our proprietary selection and training methods and lower cost base get analysts ‘desk ready’ more quickly and cost effectively than our clients could dream of doing
- Proven across Risk and Credit, as well as Equity
- In-house, in county, offshore or a blend, according to your requirements
Flexible solutions to suit you
How we add value
The value-added part of capital markets analysis is closely related to tacit and judgmental skills. There is no doubt that understanding context and market history is key to good analysis.
Our unique training programme delivers this value-added approach to a level on a par with training for capital markets analysts in the City of London or on Wall Street. It is modeled on the apprenticeships that have been used for hundreds of years in the financial sector: a smart new apprentice works hard under a craft master to learn the technical skills, but more importantly to learn the judgement required.
Cultural fit and understanding are crucial in ensuring our analysts fit into our client’s processes and methodologies. Our training process is tailored to their particular requirements, but in essence is about ensuring:
- Contextual awareness to understand the big picture
- High-quality technical skills
- How to communicate with global capital markets clients
- How to understand the client’s business so that the right product is delivered at the right time to the best quality
Frontline Analysts was founded by a cadre of ex UK bank regulators. We carry this culture forward to all of our global locations and all of our training programs. Since 2005, Frontline Analysts is proud to say that it has had a perfect compliance record.
Too often, offshore analysts are seen merely as number-crunchers when the truth is that they have far more to offer. When dealing with Frontline, you can put behind you the frustrations of dealing with mass market offshore services where analysts lack engagement and understanding. Local graduates can be a real burden to bring up to speed, draining time and eating up budgets. We have taken that to heart when it comes to recruiting and training: we only hire the brightest and best MSc, PhD and MBA graduates and put them through our unique training and coaching programme.
As a result, we have created teams of analysts that work exclusively and confidentially for our clients. They are high-quality chartered accountants and financial specialists, trained and mentored by European and US capital markets analysts with both buy-side and sell-side experience. This means they provide a level of service exactly as clients would receive from an elite European MBA analyst with two years’ experience.
They are highly-qualified City analysts trained to international standards technically and also proficient in the soft skills needed to add real value: opinion, judgement, communication and innovative thinking.
Our senior team
DARREN SHARMA, CEO
Darren founded Frontline Analysts in 2005 and is CEO. Previously he was a fixed income credit analyst for 11 years, focusing on European banks. He has a wide range of experience on trading floors and as a regulator. Darren was a director on WestLB’s fixed income credit research team from 2000 – 2005.
Before that Darren was a bank credit analyst at BNP Paribas group in Buenos Aires, where he executed the first peso CDS in Argentina, and previously at Société Générale in London, where he was the researcher on the last Euromoney Ffr bond of the year. Darren started his career in bond market regulation at the Bank of England in 1994 after reading PPE at Oxford and taking a Masters degree in Economics from Birmingham University.
ZAFAR CHOUDHARY, MANAGING DIRECTOR, RISK
Zafar has extensive experience of market and credit risk management gained over 25 years at prestigious investment banks, including RBS, Citigroup, Paribas Capital Markets, ABN Amro, Credit Suisse and Commerzbank. Zafar also has extensive experience of Internal Audit and Risk Review, covering controls around risk management as well as the review and validation of pricing and risk models. Zafar has a degree in Chemistry from Leeds University, and is a CIMA qualified accountant.
DEREK JONES, MANAGING DIRECTOR, CREDIT
Derek has extensive experience as a credit analyst in the US and Europe, and as a research director. His previous roles include senior analyst responsibilities at JPMAM and Janus, which included internal credit reports on Investment grade, crossover and high yield companies. He also has extensive experience as a bond fund manager and a sell side analyst, including JPMAM (2007- 2011), Panmure Gordon (1999-2003) and JP Morgan (1999-2009). He has covered a wide range of industries in his 25+ year career as an analyst including most industrial, consumer, retail, services and telecom/media sectors. He qualified in the UK as an accountant, and has been a FINRA/NASD/NYSE/SFA registered representative, supervisory analyst and principal as required for his various roles.
SUBHASH AGARWAL, MANAGING DIRECTOR, HEAD OF INDIA
Subhash joined Frontline Analysts as a European bank credit analyst in 2006. He worked for a major German sell-side client and then a top-5 sterling buyside house making buy/sell recommendations and strategic calls. His current role is to be the local leader in India, ensuring that each generation of analysts follows the research standards and ethos of Frontline Analysts, in the proper global capital markets tradition. Subhash is a qualified US accountant (CPA) as well as being a CFA Charter holder. A native of Calcutta, Subhash is a cricketer with his bat never far from his desk.
DANIEL DAVIES, MANAGING DIRECTOR, EQUITY
Dan Davies is an experienced equity analyst in the Banks and Diversified Financials sectors, with over 20 years in the stock market. He has held posts as a Director at Lazard/Panmure Gordon, Credit Suisse and Exane BNP Paribas, among other top-tier firms. He was a member of teams which won the Extel Top Sector Team (all sectors) award and the Institutional Investor All- Europe Team (Banks). He regularly writes articles which appear in the Financial Times and other publications, as well as research strategy for Frontline Analysts. Before starting in equity analysis, he was a regulatory economist working at the Bank of England. Dan has been with Frontline since 2014 and is a graduate of Oxford University and the London Business School.
SARAH BAYNES, MANAGING DIRECTOR, HEAD OF COACHING AND COMMUNICATION
Sarah is an internationally acclaimed consultant and coach. Her mission is to take creative media businesses, financial institutions and individuals swiftly on their journey to critical and commercial success. Many successful international brands have used her skills to communicate more effectively and increase productivity whilst at the same time having more contented employees. She provides high level knowledge and experience to businesses, large and small, always ensuring that the process is rewarding for those she is working with as well as the client as a whole. She has worked in the financial sector both on screen working for global international financial broadcaster and within the banking sector.