Computer Age Management Services (CAMS), India's premier IT enabled service partner to Mutual Funds, AIFs and Insurance companies, announced the launch of edge360 mobile app for mutual fund distributors and advisors.
edge360 is a comprehensive portal launched in 2019 that brought transformational change in the way mutual fund distributors and advisors manage their day-to-operations. With the launch of edge360 mobile app, users will be able to manage business operations seamlessly on the go.
edge360 is a next generation portal that facilitates seamless transaction initiation, faster access to transaction status, generate investor statements, and monitor brokerage revenue using multiple parameters.
Distributors can also map their operations at an organization and hierarchical levels. The portal's differentiated features such as real time transaction tracker, lost revenue dashboard, SIP management, data re-use facility and transactions for NRI investors fostered rapid adoption and usage by intermediaries.
Anuj Kumar, Whole Time Director & Chief Executive Officer - CAMS, elaborated, "In 2020, digital adoption had become imperative and we saw edge360 grow in preference with the intermediary community. With over 30,000 registered distributors, advisors, mostly from B 30 cities (Tier I & II cities), there is rapid scaling of transaction volumes as well. Continuous enrichment of the portal with innovative features has been our focus and introduction of mobile app version is another step in that direction."
"Our deep understanding of the distributors' business and their day to day operational problems have helped us to differentiate the product by providing valuable features to solve these problems," added Anuj Kumar.
Shares of the company gained Rs 19.45, or 1.03%, to settle at Rs 1,915.45. The total volume of shares traded was 2,521 at the BSE (Thursday).