CAMS launches mobility enabled technology solution for MF

Computer Age Management Services (CAMS) today launched mobility enabled technology solutions to enable mutual fund transaction acceptance and submission from investors at home or office.
The 'Anytime, Anywhere Mutual Funds' solution, which will use tablets, digital pens, handheld devices and smart phones would facilitate mutual fund relationship managers and distributors in reaching out to investors across the country at their doorstep, accept and submit mutual fund transactions.
"The solution will help mutual funds and their distributor fraternity to carry out their business far more conveniently and also grow their business in new markets where there are no physical official points of transactions," CAMS President and CEO N K Prasad told reporters here.

He said that devices enable digitisation and near real-time data transfer from virtually any part of the country, assuring same day net asset value (NAV) to investors.
The solution will also help mutual fund embrace electronic Know Your Customer (e-KYC) norms, digital forms, online account set up, electronic orders, electronic payments and many more facilities for hassle-free investing experience.