Computer Age Management Services Limited

Based in Chennai, India, and founded in 1988, Computer Age Management Services Limited, a. k. a CAMS is a provider of business process outsourcing services to the asset management industry. The company's services to the mutual fund industry include account setup, transaction processing, record-keeping, and more.

In April 2019, Faering Capital and Warburg Pincus acquired an approximately 8% minority stake in Computer Age Management Services Pvt. Ltd. from Acsys Investments Private Limited for approximately INR 3. 3 billion.

In September 2020, Computer Age Management Services Limited raised INR 22. 42 billion in an IPO, selling 18. 227 million shares at INR 1230 per share on the BSE. The company is publicly listed on National Stock Exchange under the ticker symbol CAMS.

As of March 2022, Anuj Kumar is the Director and CEO of the company and employs approximately 3,894 employees. In March 2023, Computer Age Management Services Limited, a portfolio company of Warburg Pincus, agreed to acquire a 55. 42% majority stake in Think360 AI. CAMS provides digital convenience to manage your mutual fund investments (myCAMS), corporate investment portal (GoCORP), e-KYC, CAMS pay e-mandate, CAS - CAMS plus k-fintech, capital gain/loss, digital bank mandate change, NAV and IDCW, transmission helpdesk, and investor touchpoints services for investors.

For distributors, the company offers edge360, e-KYC, distributor mail-back services, service requests, AMFI services, and a distributor helpdesk. The company also uses its proprietary technology platform to service the mutual fund industry to empower them regarding investor and intermediary services, transaction processing, record keeping, and regulatory compliance. In addition, the company offers settlement and reconciliation, loans against mutual funds, payments, AIF and PMS, account aggregator, an innovation sandbox, report generation, investor interface, compliance-related services, and brokerage computation. In the fiscal year 2021, the company generated about INR 7,054.

958 million in revenues with an operating EBITDA of 38. 7%. The acquisition of Think360 AI is expected to be completed in April 2023. The transaction will help Computer Age Management Services Limited in enhancing its services and business capabilities.