Computer Age Management Services Limited (CAMS), India's leading financial infrastructure and services provider, has launched CAMSAi, a groundbreaking domain-trained artificial intelligence (AI) platform designed specifically for the capital markets and BFSI sectors. This innovative solution marks a significant milestone in the digitalization of India's financial services industry.

A Leap in Financial Technology

CAMSAi is built on three decades of capital market data and machine learning research, positioning it as a cutting-edge tool for handling complex financial operations. The platform is engineered to manage multi-intent interactions, multilingual handwriting, compliance clauses, and real-time fraud detection, addressing key challenges in the financial sector.

Advanced Capabilities

The new AI fabric utilizes Specialized Language Models (SLMs) trained on over 30 billion historic transactions. By combining Natural Language Processing, computer vision, and AI-driven real-time analytics, CAMSAi aims to deliver compliant decisions in milliseconds, significantly enhancing operational efficiency.

Staged Implementation

CAMS plans to roll out CAMSAi through a staged feature-flight roadmap, with quarterly market releases. This approach ensures rapid value creation while maintaining regulatory rigor, a crucial aspect in the highly regulated financial services sector.

Industry Impact

Anuj Kumar, Managing Director of CAMS, emphasized the transformative potential of CAMSAi, stating, "With CAMSAi, we are ushering in a new era of intelligent automation for India's capital market ecosystem. It will enable institutions to operate smarter, respond faster, and exceed customer expectations while staying compliant."

Compliance and Data Security

CAMSAi has been designed with a strong focus on meeting regulatory compliance parameters, data localization protocols, and investor protection mandates for India's BFSI sector. This ensures that the platform not only enhances operational efficiency but also maintains the highest standards of data security and regulatory adherence.

Future Outlook

The introduction of CAMSAi represents a significant step forward in CAMS' commitment to innovation in financial services. As the platform evolves and expands its capabilities, it is expected to play a crucial role in shaping the future of India's capital markets and BFSI sectors, potentially setting new standards for AI application in financial services.

With its advanced capabilities and focus on compliance, CAMSAi is poised to become a game-changer in the Indian financial landscape, offering institutions the tools to navigate an increasingly complex and digital-first market environment.

Computer Age Management Services Limited (CAMS), India's largest registrar and transfer agent of mutual funds, has reported a solid performance for the first quarter, demonstrating resilience amid global economic challenges.

Financial Highlights

CAMS posted a consolidated revenue of ₹354.15 crore for Q1, marking a 6.9% year-on-year growth. The company's EBITDA stood at ₹154.82 crore, up by 2.8% compared to the same quarter last year, with an EBITDA margin of 43.7%. Profit After Tax (PAT) saw a modest increase of 0.8% year-on-year, reaching ₹109.09 crore, with a PAT margin of 29.7%.

Dividend Announcement

The Board of Directors has declared an interim dividend of ₹11 per equity share, showcasing the company's commitment to delivering value to its shareholders.

Operational Milestones

CAMS achieved several significant milestones during the quarter:

• Assets Under Management (AUM) crossed the ₹50 lakh crore mark.
• Equity assets surpassed ₹25 lakh crore, growing at 24% year-on-year.
• The company maintained its market leadership with approximately 68% AUM share in the mutual fund industry.
• New SIP registrations increased by 19% year-on-year, with 11.2 million registrations in Q1.
• CAMS' unique investor base crossed the 41 million mark, growing 27% year-on-year.

Business Expansion and Innovation

CAMS continues to expand its services and innovate across various segments:

• The company onboarded Jio BlackRock Mutual Fund, which launched India's largest-ever NFO, raising ₹17,800 crore across three schemes.
• CAMS marked its first international mutual fund implementation with the successful launch of Ceybank Mutual Fund operations in Sri Lanka.
• CAMSPay, the company's payment solutions arm, reported a 26% year-on-year revenue growth.
• The Alternatives business saw Assets Under Service crossing ₹2.70 lakh crore in Q1.
• CAMS KRA entered into a definitive agreement to acquire the KRA business from NSE Data Analytics Ltd, which will add 1.3 million KYC records to its repository.

Management Commentary

Anuj Kumar, Managing Director of CAMS, commented on the results: "It is heartening for us to share that, despite global headwinds, our company has delivered strong results with a revenue growth of 7% year-on-year, and healthy EBITDA margin of 43.7%. This quarter's results affirm the resilience of our business segments and the unwavering execution focus of our teams."

Kumar also highlighted the company's progress in non-mutual fund businesses, including the growth of CAMSRep's policy base and Think360.ai's development of an AI-powered data and insights platform for a US health-tech company.

As CAMS continues to strengthen its market position and diversify its service offerings, the company remains well-positioned to capitalize on the growing financial services sector in India.