Awards & Accolades
CAMS has been recognised as the Star of FinTech in Tamil Nadu (highest category recognition) by Tamil Nadu Government.
Guidance Bureau by South Indian Chamber of Commerce has recognised CAMS for the work we have done in FinTech over the years. The nomination has been submitted by an external SME associated with the initiative who has great appreciation of how CAMS, a Chennai Headquartered company has made a difference to Financial Services enabled by Technology.
The Southern India Chamber of Commerce and Industry (SICCI) in association with Guidance TN hosted India’s first “Global Yaadhum Oorae Conclave” at Chennai on the October 29, 30 & 31, 2020. The award announcement was made as a part of the virtual conclave on October 31, 2020. Dr. Neeraj Mittal IAS, MD, Guidance Tamil Nadu presented the award.
“CAMSPay” won the prestigious FINNOVITI 2021 Award during the year.
The 9th edition of Banking Frontiers Finnoviti awards received over 215 entries from 92 organisations across the BFSI Sector. This award does not look at the size or nature of the organisation but recognises it by virtue of the value of the innovation.
CAMSPay was awarded for the solution and innovation around “Customer Account Validation”. Customer Account Validation is one of the primary validations done for customer onboarding for Mutual Fund investments, Loan disbursements and Policy claims. The solution validates the Bank account details of the MF, NBFC and Insurance customers associated in their respective folio, loan application and policy to avoid potential risk and business losses. We leveraged NPCI’s IMPS & UPI platform and built a comprehensive solution to effectively validate customers’ bank account. CAMSPay platform supports bulk (batch based) and API based implementation which makes customers Go-Live seamless without any delay. Validation using IMPS by crediting penny drop-one rupee to customer bank account to get required information to validate the customer details.