Cams Service Company Profile: Products, Promoter and Clients
Cams Service Company Description
CAMS has been providing technology-driven financial services and infrastructure to mutual funds and other financial organisations for more than 25 years. As of June 2023, CAMS served over 69% of the average assets under management, making it the market-leading Registrar and Transfer Agency for the Indian mutual fund sector. The company provide Alternatives and Insurance Companies technology-enabled service solutions as well. CAMS provides clients with a range of service channels, including a pan-India network of service centres, white label contact centres, internet, mobile apps, and chatbots, in addition to acting as a B2B service partner.
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Q1. What are the Product and service offerings of Cams Service ?
CAMS is a technology-enabled research and development firm that works with fund houses to offer investor-friendly service delivery solutions. Among other things, they provide online services for realised gains statements, performance measures, and mutual fund statements.
Q2. Who are the Promoters/Management of Cams Service ?
Anuj Kumar is the Managing Director of CAMS. He initially joined the company in March 2016 as Chief Operating Officer for Asset Management Services and was later appointed Whole-Time Director and CEO on November 6, 2018. He assumed the role of Managing Director on August 1, 2021.
Ravi Kethana serves as the Chief Platform Officer at CAMS, having joined the organization on December 10, 2019. He leads the Technology Infrastructure team and Product Management Group at CAMS and Sterling Software, providing strategic direction and leadership.
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Syed Hassan, the Chief Operating Officer of CAMS, has over 26 years of experience in technology. He has been with CAMS since March 2022, overseeing the delivery and operations of various business functions, including Mutual Funds, Alternative Investment Funds (AIF), Portfolio Management Services (PMS), Call Centre, and CAMS KRA.
Ram Charan Sesharaman joined CAMS as Chief Financial Officer-Designate in March 2020 and became Chief Financial Officer on August 1, 2021. With 22 years of experience at organizations such as TVS, SSI, Lason India, Photon Interactive, and Reliance Jio, he holds a Bachelor's degree in Commerce from the University of Madras and is a qualified Chartered Accountant.
Q3. Who are the Clients of the company?
The clients of Computer Age Management Services are primarily mutual fund houses. CAMS provides registrar and transfer agent services to 17 mutual funds in India, including all five of the largest mutual funds by assets under management. This includes well-known mutual funds such as HDFC Mutual Fund, ICICI Prudential Mutual Fund, and SBI Mutual Fund.
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(By Naman Rathi)