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CAMS hires top tech talent from IIT, IIMs including 10+ PhDs in AI under its FUEL Program

Posted On : 2024-04-12 19:26:43( TIMEZONE : IST )

CAMS hires top tech talent from IIT, IIMs including 10+ PhDs in AI under its FUEL Program

Computer Age Management Services Limited (CAMS), India's largest registrar and transfer agent of mutual funds (a SEBI regulated entity), has hired graduating professionals from IIT, IIM and other premier institutes under its FUEL (Future Emerging Leaders) program.

The 21-month immersive learning program - FUEL (Future Emerging Leaders) focuses on building a talent pipeline of new age leaders with deep understanding across technology and business operations.

Over 180 experienced professionals and graduates from premium business management schools and engineering colleges across India will gain deep financial services related domain knowledge that will enable them to emerge as well-rounded, effective leaders for tomorrow's financial services landscape. As part of the FUEL program, CAMS has hired for roles in technology including 10+ PhDs across Artificial Intelligence (AI) and Computer Vision technology to bring cutting edge research capabilities to augment the technology offerings in the fintech space. Besides Graduate Engineer Trainees and Software Development Engineers from these eminent institutions the company has also recruited for Risk, Process and Market Analysts positions from Madras School of Economics.

CAMS's hiring focus has been to onboard experienced business school graduates who bring operations experience from a wider gamut of industries that will be leveraged in the new roles while comprehensive hands-on exposure to Asset management processes, operations, technology integration, regulatory environments, and investor perspectives will be given under the FUEL program. Students from IIM - Bangalore, Indore, Raipur, Shillong, Kozhikode, Udaipur, Trichy, Lucknow, Bodh Gaya, Mumbai; IIT - Delhi, Chennai; Great Lakes Institute of Management, SOIL and XLRI, to name a few.

Anuj Kumar, Managing Director, CAMS, said, "FUEL is a first of its kind program at this scale for the asset management industry. As the leading platform and service partner in the asset management industry, the company is accelerating its efforts in implementing cuttingedge technologies into its platform and products and bring in new efficiencies in operations to serve the next generation of investors in the rapidly growing asset management industry and across financial services landscape. We have taken this strategic step to infuse top talent from best institutes to play a hands-on role across technology and operations facets as the industry prepares towards scaling the Rs.100 trillion mark. On completion of the program, we hope for FUEL graduates to contribute valuable perspectives to the industry with a robust understanding of functional objectives, regulatory contexts, customer expectations, and transformative potential."

As part of the 21-month FUEL program, participants will be equipped with a deeper understanding of the intricacies of asset management and financial services. The curriculum will enable cohorts to explore the various functions of the mutual fund and alternative funds operations through "hands-on projects", reverse presentations, collaborative problem-solving, pattern analysis, building strategic systemic thinking and technical skills.

While the learning methodology will be under the guidance of the experienced CAMS fraternity, FUEL program will emphasize on real-world application and will encourage participants to leverage their appreciation of information technology and differential reasoning abilities to achieve process efficiencies. By presenting use cases, evaluating existing frameworks, and identifying pain points, they will develop insights and propose targeted solutions for the industry's benefit.

Shares of Computer Age Management Services Limited was last trading in BSE at Rs. 3110.70 as compared to the previous close of Rs. 3052.50. The total number of shares traded during the day was 78573 in over 8861 trades.

The stock hit an intraday high of Rs. 3220.00 and intraday low of 3067.40. The net turnover during the day was Rs. 249259563.00.

Source : Equity Bulls


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