CAMS (Computer Age Management Services), one of the largest Indian mutual fund transfer service agencies has taken an absolute step leveraging artificial intelligence in their KYC registration process. CAMSKRA or CAMS KYC registration process brings a new solution to onboard customers in a new & seamless way, which completes the process within some minutes.
Some of the most important features of this system includes:
- Verifies OTP Aadhar, Pan Card as well as Bank account without any lapse.
- Classify and Extract image customized by AI.
- Seamless transaction process.
- Leading security-management tools.
- Improved customer experience.
“We are thrilled to offer the AI-backed seamless KYC solution that will change the dynamics of the KYC registration process where customers can be on boarded within minutes. The convenience of our Aadhaar-based eKYC for KYC submission in combination with the 10-minute KYC registration process makes our KYC suite a very compelling and unique offering for capital market entities. The solution will vastly improve new customer onboarding and offer enhanced data security measures with best-in-class industry certifications BCMS, SAFE, and advanced Bit Sight. We have registered nearly a million KYCs for Mutual Funds and Stockbrokers since the recent launch of this AI-embedded technology.”- Anuj Kumar, Managing Director of CAMS said in an interview about the accuracy and credibility of the new software.
Overall, they are optimistic about the new experience that customers will have while KYC registration in CAMSKRA making the mutual fund transactions more streamlined and frictionless.
