Financial intermediaries provide products and services to their clients and solve the financial problem that they face. It includes various types of services. For example Mutual funds, Credit unions, Brokers and exchanges, Hedge funds, Credit card companies, Dealers, insurance companies, Clearing house and depositories and various other financial institutions.Jose Miguel Artiles Caballos, the current director of Bandenia Formula Capital LTD, a growing financial intermediary also explains that financial intermediaries help the buyer and seller in many ways. It offers a service to help an individual or firm to save and borrow money. It serves as a middleman between a provider of service and a consumer.