CAMSfinserv and Microsoft to develop Account Aggregator AA marketplace in India

1 May 2022 , 01:33 AM

CAMSfinserv wholly owned subsidiary of CAMS is working with Microsoft India to develop a robust technology foundation for the Account Aggregator AA marketplace in India to accelerate digital transformation in areas such as credit lending investment advisory and personal finance management CAMSfinserv and Microsoft will work jointly to empower the Account Aggregator ecosystem by developing the digital capabilities necessary for stakeholders to seamlessly collaborate with each other and drive inclusive financial growth in India CAMSfinserv is one of the first licensees to launch the path-breaking Account Aggregator services envisioned for consent-based data aggregation and sharing Running on the Microsoft Azure cloud platform CAMSfinservs AA offering will assure users with stringent commitments on uptime and speed of delivery while benefitting from Microsofts industry-aligned solutions supplemented by its strong RD and product engineering capabilities CAMSfinserv AA will adopt some of the most stringent standards of privacy security and data delivery standards that are envisioned by the regulator by integrating Microsofts security suite with the core architecture