Advsalahuddinahmed at 02:35, 28 July 2025

2025-07-28T02:35:18Z

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{{Short description|Indian mutual fund transfer agency}}
{{Use dmy dates|date=July 2025}}
{{Use Indian English|date=July 2020}}

{{Infobox company
| name = Computer Age Management Services Limited
| logo = C.A.M.S. logo.svg
| logo_size = 200px
| type = Public company
| traded_as = {{NSE|CAMS}} <br> {{BSE|543232}}
| foundation = {{Start date|1988}}
| hq_location = MGR salai, [[Nungambakkam]]
| hq_location_city = [[Chennai]], Tamil Nadu
| hq_location_country = India
| key_people = Anuj Kumar (CEO)<br /> Ramcharan Sesharaman (CFO)
| num_employees = 7000+
| industry = {{ublist |[[Fintech]]}}<ref>{{cite web | url=https://www.livemint.com/politics/policy/an-old-fintech-learns-new-tricks-11668101313825.html | title=An old fintech learns new tricks: The CAMS story | date=10 November 2022 }}</ref>
| products = {{ublist |Services to [[Mutual funds in India|Mutual Funds]], Payment Services, Services to Private Insurance Companies, Alternate Investment Fund, Banks & NBFCs, CAMS Insurance Repository, Account Aggregation Services, KYC Services, Central Recordkeeping Agency for National Pension Scheme (NPS)}}
| homepage = {{URL|https://www.camsonline.com}}
}}
'''Computer Age Management Services Limited''' (CAMS) is a [[mutual fund]] transfer agency serving Indian asset management companies.<ref>{{Cite web|url=https://economictimes.indiatimes.com/definition/registrar-and-transfer-agents|title=What is Registrar And Transfer Agents? Definition of Registrar And Transfer Agents, Registrar And Transfer Agents Meaning|website=The Economic Times}}</ref><ref>{{cite web | url=https://timesofindia.indiatimes.com/business/india-business/cams-appoints-anuj-kumar-as-coo/articleshow/53081546.cms | title=CAMS appoints Anuj Kumar as COO | publisher=[[The Times of India]] | work=M Allirajan | date=6 July 2016 | accessdate=10 October 2023}}</ref> The company was incorporated in 1988 and is headquartered in [[Chennai]]. It became publicly listed in October 2020, subsequent to an [[initial public offering]] (IPO) through an offer by its existing shareholders.

==History==
CAMS was founded in early 1988 by V Shankar working in software development and computer education.

During Y2K, CAMS pivoted to domestic financial services.

The Indian financial services industry experienced a renaissance in the period 1997/8-2006/7, with changes in regulation, products, and supporting infrastructure. Financial businesses started taking advantage of technology and networking, and CAMS entered what became platform-based services. In 2000 HDFC Group invested in CAMS.<ref>{{Cite web|url=http://www.thehindubusinessline.com/markets/nses-strategic-investment-arm-buys-45-stake-in-cams/article5497631.ece|title=In 2013 the HDFC Group invested into CAMS|date=24 December 2013 }}</ref> In early 2014 India's Stock Exchange (NSE), took a position in the company.<ref>{{Cite web|url=https://www.ndtv.com/business/nses-investment-arm-buys-45-stake-in-computer-age-management-services-375771|title=NSE's investment arm buys 45% stake in Computer Age Management Services|website=NDTV.com|date=24 December 2013 }}</ref>

CAMS started off with of 20 staff and started to process transfer agency operations during the late eighties. CAMS handled IPOs including IPCA Laboratories, Wockhardt Ltd, NCD issues of RPPL, RPEL, and Crossland Research Labs Ltd. CAMS processed the first-ever allotment of [[Ford Motor Company|Ford]] Escorts, launched in 1996 by Ford India Pvt Ltd.

With the advent of closed-end Mutual Funds, CAMS was involved in the processing of the Indian Bank Mutual Fund and later started to handle the operations of Alliance Capital Mutual Fund. This was CAMS' first open-end mutual fund. CAMS handled the oldest Indian Mutual Funds, such as JM Mutual Fund, ITC Threadneedle, Zurich India Mutual Fund, Sun & FC Mutual Fund, Dundee Mutual Fund, and Taurus Mutual Fund.

==Edge360==
Edge360 is a distributor portal maintained by CAMS that enables financial and non-financial transactions for Independent Financial Advisors, their employees, and Registered Investment Advisors. Most financial transactions can be completed using the portal. Some non-financial transactions are supported, such as changing contact details of the investor, changing of bank mandate, and registration. Distributors can also download statements, and a variety of WBR reports to run their daily business. The portal allows mutual fund distributors to run campaigns and initiate KYC for their investors digitally.

==Operations==
As of June 2020, CAMS employed 6000+ people and offered varied services to the Mutual Funds, Insurance, and Banking industries through its network of 270+ locations across India.<ref>{{Cite web|url=https://www.camsonline.com/|title=Mutual Fund Transfer Agent | Online Investment, Services & Statements|website=www.camsonline.com}}</ref>

CSCs{{Clarify|reason=CSC?|date=July 2022}} normally provide services to mutual funds, insurers, private equity, KRA, and NPS processes. Customers can enquire about their investments, obtain statements, seek portfolio valuations, buy, sell, and switch mutual fund units, notify changes in their account details, and register and submit KRA applications.

==Subsidiaries ==
CAMS Repository Services Ltd (CAMSRep)<ref>{{Cite web |title=CAMSRep {{!}}Insurance Repository {{!}} Insurance Business Process |url=https://www.camsrepository.com/ |access-date=16 July 2022 |website=www.camsrepository.com}}</ref> – is licensed by IRDA to provide insurance repository services.

CAMS Financial Information Services Pvt Ltd (CAMSfinserv).<ref>{{Cite web |title=Best Financial Account Aggregator in India {{!}} Service Licensed by RBI {{!}} Bank & NBFC Aggregation Vendor {{!}} CAMSfinserv |url=https://www.camsfinserv.com/ |access-date=16 July 2022 |website=www.camsfinserv.com}}</ref> CAMSfinserv conducts account aggregation services in India.

CAMS Investor Services Pvt Ltd ("CAMS KRA") is a [[SEBI]] registered KYC Registration Agency (KRA) providing KYC registration services<ref>{{Cite web |title=Mutual Fund Transfer Agent {{!}} Online Investment, Services & Statements |url=https://www.camsonline.com/ |access-date=16 July 2022 |website=www.camsonline.com}}</ref><ref>{{cite news|last1=Business|first1=Standard|title=CAMS launches Aadhaar-based eKYC for mutual fund investors|url=http://www.business-standard.com/article/markets/cams-launches-aadhaar-based-ekyc-for-mutual-fund-investors-116020400935_1.html|accessdate=9 May 2016|issue=4 February 2016|publisher=Business Standard|date=4 February 2016}}</ref> and maintains KYC investor records, on behalf of registered capital market intermediaries, eliminating the need to repeat KYC.

Sterling Software Pvt Ltd is a subsidiary software provider of CAMS for Mutual Fund industries. Sterling serves the requirements of Mutual Funds, Asset Management Companies, Fund Distributors and intermediaries. Its products rely on [[Oracle Database]]s with [[Microsoft]] .NET Platform and Internet front ends.<ref>{{cite web |title=One of the CAMS Products |url=http://www.sterlingsoftware.org/Services.aspx |url-status=dead |archive-url=https://web.archive.org/web/20150507100409/http://www.sterlingsoftware.org/Services.aspx |archive-date=7 May 2015 |access-date=2 June 2015}}</ref>

==Memberships, associations, accreditations==
CAMS is the founding member of the Registrars Association of India (RAIN)<ref>{{cite web |url=http://www.rainnet.org/Members.aspx |title=Registrars Association of India}}</ref> which was founded in 1991. RAIN is a representative body of Registrars and Share Transfer Agents in India.

CAMS is a member of The National Association of Software and Services Companies (USA).<ref>{{Cite web|url=http://www.nicsa.org/default.asp?contentID=40|title=NICSA member portal}}</ref> CAMS is an ISO 9001 – 2008, ISO 27001 compliant organization complies with SOC 1 & 2 (UTC) standards Service Organization Controls.

==References==
{{Reflist}}

{{Financial services in India}}

[[Category:1988 establishments in Tamil Nadu]]
[[Category:Financial services companies based in Chennai]]
[[Category:Financial services companies established in 1988]]
[[Category:Financial services companies of India]]
[[Category:Indian companies established in 1988]]
[[Category:Warburg Pincus companies]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Asset management companies]]

Computer Age Management Services - Revision history

Advsalahuddinahmed at 02:35, 28 July 2025