CAMS is the Technology Partner at the 10th Annual ICC Mutual Fund Summit

Demonetisation has impacted and boosted cash inflows into banks. In the last five months, the strong inflow of funds has positively impacted the equity market via investments in mutual fund, catapulting net buying of equity by mutual funds over the 25,000 crore mark. According to data from AMFI, the AUM of the Indian Mutual Fund industry had reached Rs 17.4 trillion mark in January, recording a year-on-year growth of 36.4 per cent.

It is in this context that the 10th Annual ICC Mutual Fund Summit, organized by the Indian Chamber of Commerce, on February 18, 2017 at Kolkata, brought under one roof industry veterans, renowned experts, key officials and thought leaders from across the Indian Mutual Fund domain. Themed “Unearthing the potential for progress,” the event saw high-energy discussions pertaining to strategies for inducing further penetration and growth in the MF industry.

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Mr. Piyoosh Gupta, Chief General Manager, SEBI, the Chief Guest of the event, spoke on the need to boost investment activity in 12-odd states located in the eastern region of the country and on why MF industry should focus more on the B15 cities as against the metros.

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A prime highlight of the summit was a panel discussion on “Conquering barriers through business innovation”. The discussion saw panelists cerebrate upon the relevance of digital engagement as an essential differentiator and a business enabler in current times, and the need to leverage analytics to derive insights into pro-active investor acquisition and engagement. They also cogitated on the need to develop physical and online versions of alternative distribution channels to accelerate Mutual Fund participation. Training and development in the advisory domain pertaining to the country’s wealth management industry were another key topics of discussion.

Special guest and panelist, Mr. N K Prasad – President and CEO, CAMS, highlighted how CAMS – leverages digital technology towards transforming and reinventing the overall investing experience, by implementing consistently pioneering technology innovations for mutual fund investors and distributors such as Investor Mailback statements for portfolio view and funds net for distributors. The discussion panel also comprised

Mr. Milind Barve, MD, HDFC Asset Management Co. Ltd.,

Mr. Sanjay Sapre, President, Franklin Templeton Asset Management (India) Pvt. Ltd.

Mr. Ashutosh Bishnoi, CEO, Mahindra Asset Management Co. Pvt. Ltd.

Mr. Himanshu Vyapak, Deputy CEO, Reliance Nippon Life Asset Management Ltd.

Mr. Hemant Jhajhria, Partner, Financial Services – Strategy & Digital, PwC India

Mr. Arun Laddha, Director, J.R Laddha Financial Services Pvt. Ltd.

Other eminent guests at the event included

Mr. Anil Chopra, Director and CEO, Bajaj Capital Ltd.

Mr. Aniruddha Chaudhuri, Zonal Head – North South and East, ICICI Prudential Asset Management Co. Ltd.

Mr. Ashish Agrawal, Director – JR Laddha Financial Services Pvt. Ltd.

Mr. Deepak Mehta, Sr. VP & Head – SIP, Balanced Products & Retail Banking Channel, UTI Asset Management Co. Ltd.

Mr. Dhirendra Kumar, Founder and CEO, Value Research India Pvt. Ltd.

Mr. Joydeep K. Roy, Partner, Insurance & Allied Businesses, PwC India

Mr. Neeraj Kulsreshtha, COO, BSE Ltd.

Mr. Prashant Vagal, Sr. VP & Head – Business Development & Products, NSDL

Mr. Sanjeev Chakraborty, President ICAA

Mr. Suresh Soni, CEO, DHFL Asset Managers Pvt Ltd.

About CAMS:

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit http://www.camsonline.com.

CAMS officials participate in Birla Sun Life Mutual Fund’s Investment Conclave at Bengaluru

Birla Sun Life Mutual Fund recently organised an exclusive Investment Conclave for Corporate Investors at The Lalit Ashok, Bengaluru. Building upon the success of the previous conclave, held in Mumbai,with the same agenda, the institution brought the event to Bengaluru on January 6, 2017.

Among the prestigious invitees to the exclusive event were top level executives representing Computer Age Management Services, popularly known as CAMS.The Investment Conclave, keeping in tide with the times, was aptly themed “India in the post-demonetisation era”. The occasion saw the coming together of a diverse set of thought leaders and corporate executives, that rendered the evening abuzz with insights on the impact of demonetisation with a special emphasis on the Indian mutual fund industry.

Speakers at the event included officials from the top tiers of Birla Sun Life Mutual fund and CAMS, including:

Mr. Maneesh Dangi, CO – CIO Fixed Income – Equity, Birla Sun Life Mutual fund

Mr. Bhavdeep Bhatt, Head, Institutional Sales, Birla Sun Life Mutual fund

Mr. V Srinivasan, Senior Vice President – Mutual Fund Operations, CAMS

Mr. Tilak Raj Khanna, Asst. General Manager – Distributor Services, CAMS

Mr. Y S Ramesh Raju, RM-South, CAMS

Mr. Shaji Varghese, Branch Head, Bengaluru, CAMS

Mr. P Sasidhar Raju, Sr.DSE – Distributor Services, CAMS

CAMS GoCORP, a unique solution designed to meet the investment needs of corporate investors, was was discussed in detail at the event with the panel highlghting the,  many advantages of the product.

CAMS GoCORP

GoCORP

GoCORP is a digital solution designed to empower institutional investors with the freedom to transact across multiple mutual funds serviced by CAMS through a single portal. Launched in July 2015, CAMS GoCORP has seen a steady enrollment from both large and mid-sized corporate houses across India.

The GoCORP portal allows corporate investors to transact across all participating CAMS serviced funds using single login facilities to enable multiple maker and authorizer combination as approved by the board. GoCORP also addresses compliance & audit needs of corporate investors. To know more about the Transaction features, Reports/Transaction tracking and other conveniences that come with GoCorp, please click here.

About CAMS:

CAMS Logo

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit www.camsonline.com

CAMS CEO participates in Forbes India’s CEO Roundtable

The digital mega trend has been impacting businesses profoundly and more so the category of financial services. Computer Age Management Services, (CAMS) one of the first organizations to tap into the digital potential in the BFSI segment, has taken many initiatives to make mutual fund investing simpler and better, in the digital age.

N K Prasad

Recently, CAMS CEO Mr. N K Prasad was invited as a panelist at the Final CEO Roundtable conference in Chennai, organized by  Forbes India in association with Microsoft, in acknowledgment of the many digital initiatives that CAMS has launched for the benefit of investors and distributors. The event took place on 15th December 2016, at the Trident, Chennai.

Organized as a series of discussions across six cities in India, as part of the acclaimed Forbes India LeaderSpeak – The Digital Transformation Series, the event saw the convening of eminent CEOs from various organizations that are redefining the face of India Inc.

At the event, Mr. Prasad reiterated how CAMS, as a solutions partner to the mutual fund industry for over 2 decades, has been focussing on design and development of technology solutions/interfaces to change the investing experience of investors and distributors.

The Distinguished Guest List

Other eminent guests at the event included-

Mr. A V Dharmakrishnan – CEO, Ramco Cements
Mr. Manoj Jain – MD, Shriram Life
Mr. R Chandrasekaran – Group Chief Executive, Cognizant
Mr. Srinivasa Raghavan – CEO, TVS & Sons
Mr. Girish Mathrubootham – Founder, Freshdesk
Mr. Sridhar Venkatesh – Co-founder, Indix
Mr. Sumit Ganguli – CEO, GAVS Technologies

About CAMS:

CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit www.camsonline.com

 

 

 

 

 

CAMSRep organizes exclusive event for User group

The CAMS group of companies have always prided themselves on developing solutions and services that match customer expectations and user suggestions. Interactive sessions that bring together the various perspectives of users and their expectations play a crucial role in such developments that continue to serve the organizations’ zeal for sustained innovation.

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CAMSRep CEO, Mr. S. V. Ramanan, seen moderating a high energy discussion at the CRUG event.

In keeping with this spirit of robust user engagement, CAMSRep, one of the major insurance repositories in India, hosted its first ever CAMSRep User Group event on the 8th December 2016 at Chennai.

The event themed ‘Ideate, innovate and implement’, was attended by key officials from leading organizations in the Indian insurance sector, representing –

    • Bajaj Allianz Life Insurance
    • Birla Sun life
    • HDFC Life Insurance
    • ICICI Prudential Life
    • Kotak Life
    • SBI Life

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Moderated by the energetic Mr.S .V Ramanan,CEO, CAMSRep, the session was an engaging event that brought to the fore some of the key issues of prevalence in the Indian insurance industry.

Discussions at the event focused on the role of insurance repositories into reaching out to potential consumers in the under-penetrated Indian market. Besides touching upon a joint representation to be presented to the IRDAI, the delegates discussed on the ways to approach and address the issues concerning unclaimed policies.

The distinguished guests also contemplated over the need to render insurance repositories mandatory.

About CAMSRep

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CAMS Insurance Repository Services Ltd (CAMSRep), a subsidiary of CAMS, is one of the major Insurance Repositories in India Licensed by Insurance Regulatory and Development Authority of India (IRDAI). CAMSRep, as an Insurance Repository opens unique eInsurance Accounts (eIA) for policy holders,which in essence are convenient, safe and relatively risk-free electronic policies. CAMSRep also acts as a single point of service for all ePolicies held by a policy holder. Apart from repository services, CAMSRep also provides outsourcing services to multiple Insurance Companies in accordance with IRDAI regulations.

Digitalisation drive could improve insurance penetration

e-Insurance

If one were to measure the degree of penetration of insurance industry in the India, it would be found that there is scope for a lot more to be done. However, now there is scope for hope in this regard, with the Government of India promoting digitalisation in financial transactions with commitment and intensity.

A recent article published in Financial Express, authored by Mr. Kamalji Sahay, Director, CAMSRep, covers the many possibilities that digitalisation of economy would offer to the advantage of the insurance industry.

Excerpts from the article:

Prime Minister Narendra Modi has been vigorously pursuing the agenda of converting the country’s socio-economic landscape into a digital highway for faster and more inclusive growth. The mission is to map every Indian to a network to enable them to access all kinds of services, benefits and information without hassle and without discrimination. The current drive to move all financial transactions between any two entities or among several entities to the digital platform is a very determined effort to achieve this objective.

While Aadhaar provides a reliable identity to about 90% citizens, the stress on opening bank accounts such as a zero balance account under the Jan Dhan Yojana is targeted to make every entity KYC compliant and armed with a digital identity acquired through the bank account number or the registered mobile phone number.

In the marketing of life insurance, obtaining KYC data and processing the first premium payment have always been very challenging. During consideration of the insurance proposal, verification of several facts, right from age proof to income detail or records of previous policies, are required for evaluating the life before the risk is underwritten.

After completion of the proposal, the policy bond is printed with information on name, address, sum at risk, premium mode and amount and other conditions so that it establishes a legally valid contract between the insured and the insurer. Payment of subsequent premium with the contracted frequency and of any policy proceeds to the policyholder or the claimants has to be hassle free so that the insurer is able to honour its commitment in letter and spirit.

Lack of efficiency in this regard is the most important impediment in achieving higher insurance penetration. When an intermediary asks the potential customer for submitting KYC details, his first reaction is to either postpone buying of insurance or ask the salesman to come later. It’s worse when demands for documents even after depositing the money keep coming to the prospective policyholder. And in utter annoyance, he just refuses to talk to the sales person, depriving himself of a much-needed financial security cover. For people living in remote areas or those belonging to the disadvantaged sections of society, these issues have been a major deterrent in securing life insurance cover. The effect is visible in the low penetration of life insurance.

Aadhaar, which has been recognised by the Irdai as a valid KYC document, issue of guidelines regarding e-insurance account and insurance repositories by the regulator, opening of bank accounts by almost every eligible Indian have suddenly solved many of these latent issues. All these requirements can be complied with through networking with Aadhaar and banks. Even premium and claim payment can be smoothly transacted to minimise lapsation of policies and hassle-free credit of the insurance proceeds to the insured’s or claimant’s account .

Apart from such procedural advantages, digitalisation will enable insurers to identify prospective customers. Repositories can encourage people to go for more insurance. The environment would provide incentive to insurers to operate in villages. People in remote areas may also find it convenient to buy and maintain a few life insurance policies. The new landscape throws up opportunities for insurers to rethink their strategies and deepen their grip on the market. Those insurers who would take time to realise what has happened lately, may face the danger of being left behind in India’s quest for raising insurance penetration to the best global standard.

Article source: http://www.financialexpress.com/money/pm-narendra-modis-digitalisation-drive-can-improve-insurance-penetration-heres-how/479908/

About CAMSRep

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CAMS Insurance Repository Services Ltd (CAMSRep), a subsidiary ofCAMS, is one of the major Insurance Repositories in India Licensed by Insurance Regulatory and Development Authority of India (IRDAI). CAMSRep, as an Insurance Repository opens unique eInsurance Accounts (eIA) for policy holders,which in essence are convenient, safe and relatively risk-free electronic policies. CAMSRep also acts as a single point of service for all ePolicies held by a policy holder. Apart from repository services, CAMSRep also provides outsourcing services to multiple Insurance Companies in accordance with IRDAI regulations. To know more about CAMSRep, please visit https://www.camsrepository.com/.

 

 

CAMS wins Dun & Bradstreet Business Excellence Award 2016

1 2016 has been an exciting and rewarding year for CAMS. We are wrapping up this calendar year with a prestigious award – Dun & Bradstreet award for ‘Business Excellence – Mid Corporate Segment’ in the IT/ ITeS sector.  At a grand felicitation held on November 29th at Taj Palace New Delhi, the awardwas presented by Honorable Minister of State for Finance & Corporate Affairs Shri Arjun Ram Meghwal and Honorable Minister of State for Micro, Small & Medium Enterprises Shri Haribhai P Chaudhary.  The event was themed as “It’s Time to Let the World Know”.

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The nomination for the “Business Excellence – Mid Corporate Segment” award was subject to rigorous evaluation by an eminent jury that included, Mr. M.V. Tanksale, Former Chief Executive of Indian Banks Association and Chairman Central Bank; Mr. P. Dalal, Former Executive Director EXIM Bank, and Mr. Bhushan Gagrani, Former Vice Chairman and Managing Director CIDCO.

CAMS ranked high across all of the following eight parameters to win the award:

  • Business Model
  • Operational Excellence
  • Sales and Marketing
  • Product/Service Quality
  • Innovation
  • Digital Adoption
  • Human Resource Management
  • Customer Service Excellence
  • Corporate Social Responsibility
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The award was received by N K Prasad, President & CEO, CAMS.

Coinciding with the award function, Dun & Bradstreet launched a publication ‘Leading 100 SMEs/ Mid Corporates of India 2016’. Click here to download the e-copy, CAMS has been featured on Page 97 & 99.

CAMS collaborates with ‘AIM for Seva’ in support of better education

The urban-rural divide in India is an imminent cause of concern, particularly in the case of access to quality education and allied facilities. According to a 2015 World Bank report, around 67% of the total population in India is attributed to those in the country’s villages. However, there exists a considerable gap in terms of supply and demand in terms of basic facilities provided for the benefit of the rural population. This is more so in the case of education and employment facilities and opportunities. In comparison to Urban India, rural literacy rates continue to remain low.

As an organization, Computer Age Management Services (CAMS) has immense faith in the power of education and has supported several transformational educational initiatives till date. The company is committed to investing in the intellectual capabilities of today’s youth to build a stronger, better and safer world in the future.

 

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Mr. G. Manikandan, Company Secretary, CAMS and Mr. P. B. Vijayaraghavan, Officer on Special Duty, CAMS are seen with Ms. Sheela Balaji, Managing Trustee and Secretary, AIM for Seva

Mindful of the need to bridge the gap for quality education in rural India CAMS had joined hands with AIM for Seva, a Chennai-based NGO dedicated to providing value based education to the children of rural India. Besides supporting various projects around the country, the AIM for Seva also runs operations in Australia, Canada and the United States of America.

 

Given that a majority of problems affecting Indian rural education revolve around accessibility to schools and high dropout frequency, AIM for Seva has extended its support. The charitable organization identifies and addresses the root causes by implementing innovative measures such as Free Student Homes (FSH). At these FSHs, the children benefit from easy access to school, shelter, food and clothing, along with value education, life skills, IT skills and an assortment of extra-curricular activities.

In an effort to support this noble initiative, CAMS has covered the expenses of 40 students, helping them meet the costs pertaining to education, uniforms, stationery, lodging, food, books and other relevant study materials. CAMS prides itself on having associated with an organization that diligently transforms several lives through its innovative solutions pertaining to rural education.

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About CAMS:

CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit www.camsonline.com

 

 

 

 

 

Redefining Institutional Investing

Institutional Investing is an art. In general, Institutional Investors have greater access to resources and make informed investment decisions. On the other hand, institutional investors are often confronted with multiple transaction forms and cheques preparation, apart from signatures to be obtained from multiple authorized signatories, each of which requires time and dedicated coordination.

Computer Age Management Services (CAMS), true to its commitment towards finding innovative solutions that address investor pain points, launched GoCORP, an on-line portal for institutional investors to transact across multiple mutual funds through a single portal.

CAMS GoCORP, by design, delivers simplicity, ease and safety in preparing and submitting Mutual fund transactions, tracking investments and more.

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The portal allows corporate investors to transact across all participating CAMS serviced funds using single login. Log in credentials can be defined to enable multiple maker and authorizer combination, addressing the need of large corporates houses with group companies. The portal ensures complete compliance with respect to audit requirements of of corporate investors.

Transactions made easy with CAMS GoCORP

CAMS GoCORP brings rich features and superior processing, one view of Mutual Fund investments and much more. Prompt notifications in the form of SMS/email alerts for maker and authorizer serve to verify and authorize transactions. This allows the authorizers to simply log-in and confirm the transactions.

The portal facilitates transfer of funds using RTGS/NEFT to the Fund’s scheme account; post transfer, the Corporates may seamlessly update the details in GoCORP.

GoCORP is also enabled with the facility of Electronic time stamping at server on the receipt of transactions. NAV will be reflected as per the timestamp of CAMS Server.

Corporate Investors can utilize the portal for additional purchase, redemption and switch through its portal, besides facilities for purchase in existing schemes and new schemes. CAMS GoCORP also offers the flexibility of investments via Direct plans as well as Regular plans. ARN and EUIN auto population/new inclusion is an integrated smart feature helps saving time and effort, alongside the updation of RTGS /NEFT funds transfer reference number.

Tracking Transactions and Managing Reports

CAMS GoCORPhas inbuilt smart features that generate reports encompassing Portfolio valuation, Transaction status (with date range), single window view for submitted transaction status across funds and account statements.

It goes without saying that true to its digital efficiencies, CAMS GoCORP stands for complete elimination of paperwork, manual compilation and reporting needs. Also, the portal drives home the advantage of transacting upto 3 P.M.

Safe, Secure and Reliable

CAMS GoCORP portal is infallibly secure. It stores no information in the local system and ensures that any information provided is transferred to the server via secure mode that warrants high level of data encryption and other essential information security best practices.

Currently, CAMS is actively engaged with 390+ corporates registered for Go CORP for feature enrichment and new services, which bears testimony to the magnitude of success it has achieved in appeasing and winning over its customers.

About CAMS:

CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also service partner to leading Insurance Companies, Banks, NBFC’s and Alternate Investment Funds. To know more, visit www.camsonline.com

 

CAMS participates at the ICC’s Regional Mutual Fund Conclave (2016) at Bhubaneswar

Exploring growth avenues for the Mutual fund industryICC_Conclave_Bhu.png

Since the year 2012, concerted efforts had been taken to promote participation in Mutual funds from beyond the country’s top 15 cities. SEBI had introduced several measures to encourage investments and tap the potential of B15 as effective destinations for Mutual fund operations; four years later, it would appear that the regulator’s attempts have finally paid off; financial inclusion and awareness in India has risen to a substantial extent, with a steady rise in participation from investors based out of B15 cities.

CAMS as a professionally managed, institutionally owned, SEBI regulated entity has always been committed to the task of leveraging technology to add value to the operations of the BFSI sector. Also, it takes strategical efforts towards promoting investor awareness on the various services that it facilitates in the world of Mutual fund transactions – ranging from Aadhar-based eKYC to common OTM registrations.

ICC Mutual Fund Conclave 2016

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Motivated to reach out to investors in the B15 regions and promote meaningful Mutual Fund Conclaves in these cities, CAMS had extended its association to a first-of-its-kind Regional Conclave organized by the Indian Chamber of Commerce (ICC), in the city of Bhubaneswar. The event was a forerunner of sorts with deference to ICC’s Flagship Annual 10th Mutual Fund Summit 2017, to be held at Kolkata.

The Bhubaneswar conference, where CAMS had consented to be the esteemed Technology Partner, was held on 23 September 2016, at Hotel New Marrion. The event brought together top policy makers and industry leaders, for facilitating meaningful exchanges and addressing strategic concerns of the Mutual Fund Industry.

CAMS President & CEO honored as Special Guest

Mr. N.K Prasad, President & CEO, CAMS, graced the occasion as Special Guest at the Inaugural Session for ICC Mutual Fund Conclave.

The forum witnessed the coming together of industry veterans, thought-leaders and stakeholders from all over the country, enabling extensive discussions on issues of vital importance to the Mutual Fund industry. An interesting panel discussion titled “B-15 Cities-The new destination for Mutual Fund Industry”, was organized at the event. Digitization of Financial Services and its impact of increasing accessibility of Mutual funds to investors across the country was a key subject that was discussed. Dialogues were also conducted on GST and the effect it is to bear on Mutual funds as a service.

The Distinguished Guest List

Other eminent guests from the industry included-

Binod Kumar Sharma, AGM, SEBI

Vikas Rathie, Zonal Business Head-East, Reliance Nippon Life Asset Management Ltd

Shibani Kurian, Senior Vice President, Equity Research Group, Kotak Mahindra AMC Ltd

Vikas Rathie, Zonal Business Head-East, Reliance Nippon Life Asset Management Ltd

Chittaranjan Panda, AVP Regional Head, SBI Funds Management Pvt Ltd

Narayan Venkat, Assistant Vice President, NSDL

The event saw a vibrant exchange of thoughts on various opportunities, challenges and trends to be expected in the coming days, ending on a high note of informed optimism that heralded exciting days for the Mutual fund industry.

About CAMSCAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit http://www.camsonline.com

CAMS enters MoU with Sankara Nethralaya

“Better health is central to human happiness and well-being. It also makes an important contribution to economic progress, as healthy populations live longer, are more productive, and save more.”
(As quoted in the official website of World Health Organization.)

CAMS and Sankara Nethralaya
Mr N K Prasad, President and CEO, CAMS and Ms. Akila Ganesan, Senior General Manager, Sankara Nethralaya, are seen entering into a MoU affirming CAMS’ commitment to support initiatives of the Healthcare provider

An eye for sustained progress: Health and economy

One might tend to overlook the profound relationship that the economic status of a nation has with that of the state of health of its general public. Surely, good health is a strategic cornerstone of enhanced productivity and economic growth.

CAMS has a distinct side of deep Social Responsibility to it and engages with a number of not-for-profit entities to promote health, sanitation, educational facilities, programs for self employment.

Computer Age Management Services (CAMS) had associated itself with Sankara Nethralaya, a not-for-profit charitable hospital that has specialized in providing world-class tertiary eye care in India for the last four decades. CAMS, in a genuinely humane move, has pledged its support to bear expenses pertaining to 500 Cataract Surgeries as offered Sankara Nethralaya, in this year; the surgeries are to be performed on 500 Patients from the economically underprivileged strata, as nominated by the healthcare provider.

MoU with Sankara Nethralaya

In a meeting held on August 2, 2016, Mr N K Prasad, President and CEO, CAMS and Ms. Akila Ganesan, Senior General Manager, Sankara Nethralaya, had entered into an MoU, affirming CAMS’ commitment to walk with the prestigious healthcare provider in making better health accessible to all.

CAMS, as an organization, believes in giving back to the society and has rolled out several initiatives on the lines of Corporate Social Responsibility, working closely with several well-known NGOs and Social Welfare Organizations that serve genuinely and work for the betterment of the society at large.

About CAMS:

CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit http://www.camsonline.com