Press Release1 Jul 2024, 08:59 pm
CAMS Collaborates with Google Cloud to Build Next-Gen Asset Management Platform
AI Summary
Computer Age Management Services Ltd (CAMS), India’s largest registrar and transfer agent of mutual funds, and Google Cloud have come together to build a next-generation platform for CAMS's business services. The initiative aims to modernize the largest platform serving the Indian asset management industry, bringing next-generation capabilities and serving new generation, digital native investors. The platform will be designed based on first principles, modularity, and reusability with a rich services ecosystem, AI/ML-powered digital products, and data platform. The collaboration will ensure easy and safe transactions for investors across the country.
Key Highlights
- CAMS and Google Cloud to build a next-generation platform for CAMS's business services
- The platform aims to modernize the largest platform serving the Indian asset management industry
- Key building blocks include design based on first principles, modularity, and reusability
- AI and Automation will be integrated for automated, event-driven transaction processing
- Collaboration aims to ensure easy and safe transactions for investors across the country