34th Annual Report 2021-22
Over the years, we have pioneered business models and introduced innovative solutions capable of delivering high-quality services and unmatched ease of transacting. We have empowered our clients and their distributors to encourage millions of aspirational Indians to channel their savings into productive financial assets, and earn healthy returns. We have also diversified to several synergistic businesses to widen our gamut of offerings.
Today, as the nation races to become a $ 5 trillion economy with digitalisation at its foundation, a large section of the population is increasingly becoming affluent, financially aware and digital native. The COVID-19 pandemic has only accelerated this, and digital connectivity and transactions are surpassing physical ones. It is opening mega opportunities, and the entire financial services landscape, including the mutual fund ecosystem is going the digital way to capitalise on them.
The importance of CAMS in these times has become greater. As the leading technology infrastructure for mutual fund services and processes, we are imagining and designing every component of our delivery in a productive manner to make them more impactful and relevant for the next-generation investors. Driven by knowledge and powered by technology, we are well-positioned to enable investors to smartly participate in MFs, and alongside unleash value creation for all stakeholders and contribute to nation development.
We repositioned ourselves as a technology product company for mutual fund services and processes such that every component of delivery will be conceptualised, imagined and designed in a product manner.
We successfully onboarded our 17th AMC client Franklin Templeton Mutual Fund completing the largest ever migration in the last decade in MF industry.
We went live with the industry first cloud-based Central Recordkeeping Agency platform to provide services to National Pension System (NPS) subscribers and B2B services for points of presence (PoP) service providers.
The launch was graced by Shri Supratim Bandyopadhyay, Chairman, PFRDA.
CAMS launched the industry first cloud-based Central Recordkeeping Agency platform to provide services to National Pension System (NPS) in March, 2022. The launch was graced by Shri Supratim Bandyopadhyay, Chairman, Pension Fund Regulatory and Development Authority.
CAMS became the first RTA in India to set-up office at GIFT City in August 2021 to provide asset management support services for financial institutions operating there
CAMS WealthServ – AIF / PMS onboarding platform was launched
The shares were listed in National Stock Exchange and trading commenced
CAMS became the Registrar and Transfer Agent for Franklin Templeton Mutual Fund
Approval to set up office in GIFT City
CAMS Financial information services - Account Aggregator activities were launched
CAMSKRA achieved the landmark figure of 10 Million KYC records in its repository
CAMS launched the industry-first Insta Purchase
CAMS signed definitive agreements for acquiring controlling stake in Fintuple
Launch of Central Recordkeeping Agency services for National Pension System
CAMSRep unveils an inventive policyholder traceability solution for the insurance market
Cyber security posture accessed by bitsight and rated at a score of 800 in 2021
CAMS is India’s largest registrar and transfer agent (RTA) for MFs, and a trusted partner to ten out of the fifteen largest (based on AAUM) MFs in India, including all the five largest. We also have offerings in electronic payment collections, insurance services, alternative investment funds, PMS, KYC registration and software solutions.
We differentiate ourselves in our deep expertise to create technology-driven financial infrastructure that have revolutionised the way MFs and other financial services are consumed. Our technology infrastructure and end-to-end value chain service capability, enable us to deliver top-notch quality and reliable services and make us a partner of choice.
Leveraging our expertise as a technology company for mutual fund services and processes, we are reimagining business operations and augmenting our capabilities to once again revolutionise the MF landscape for a world that is growing digital.
Registrar and Transfer Agent (RTA) of MFs with 69% market share in AAUM
PAN-India Service Centres
Presence
CAMS is India’s largest registrar and transfer agent (RTA) for MFs, and a trusted partner to ten of the 15 largest (based on AAUM) MFs in India, including all the five largest. We also have offerings in electronic payment collections, insurance services, alternative investment funds, PMS, KYC registration, CRA services for NPS, Account Aggregator services and software solutions.
SEBI regulated since 1993
Classified as QRTA (Qualified RTA)
Exclusive service partner since 2002 for intermediary governance services
ISO 27001:2013
ISO 9001:2015
SOC1, SOC2
CAMS serviced Asset under Management (AUM) (as on March 31, 2022)
Transaction volumes (during FY22)
SIP Book(as on March 31, 2022)
SIP Transactions (during FY22)
Unique Investors Serviced (as on March 31, 2022)
Live Investor Folios (as on March 31, 2022)
Investor Service Requests (during FY22)
Processed as pay-in / pay-out (during FY22)
We have prudently leveraged our domain and technology expertise to expand business offerings across other financial service sectors. We are Focused on building these businesses to bring more diversity and resilience to our operations as well as establish our reputation as B2B service partner of choice across financial services landscape.
We provide platform-based services to investors, manage records and perform fund accounting and reporting services for alternative investment and other types of funds. We are a market leader in the space catering to 120+ fund houses (280+ schemes).
We manage mandated transactions, including registering of mandates, initiation of collections, reconciliation and the related reporting services for MF and Non-Banking Financial Company (NBFC). We offer UPI, UPI AutoPay, Net banking, eSign Mandate and InstaNACH payment solutions.
We offer services of processing new business applications, holding policies in dematerialised form and servicing policies and other support functions to insurance companies. We have a significant market share in insurance repository with 4.1 million policies held.
A licensed KYC Registration Agency (KRA) for Capital markets, we provide services for verifying and maintaining KYC records of investors for use by financial institutions.
The development centre for CAMS and clients technology requirements bringing deep domain specialisation in Financial Services segment.
CAMSfinserv, our aggregator platform, provides account aggregator services to banks, NBFCs and investment advisors amongst others. It collects financial assets information of end-user based on their consent and aggregates them on a single platform. This facilitates in providing unified view of fragmented financial assets and transmit data to specified financial information user in an encrypted manner.