Advanced registry software on a modern platform
to improve information management across stakeholders
Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
www.cgi.com/newsroom
TORONTO, June 1, 2016 /PRNewswire/ - CGI (TSX: GIB.A)
(NYSE: GIB) has launched an initiative with the Canadian Securities
Administrators (CSA) that will replace the CSA's national systems
that currently support the Canadian financial regulatory system
with a modern, digital solution that will integrate workflows,
support data quality and ensure faster information sharing across
all of Canada's provincial and
territorial securities commissions.
CGI will design, build and implement an integrated solution to
replace existing systems (including SEDAR, SEDI, Cease-Trade Order
Database, National Registration Database, National Registration
Search and Disciplined List). The new solution will be based upon a
modern and secure software product developed by Foster Moore and is designed to deliver secure
transactions, improve ease and speed of use, respond to changes
across the Canadian regulatory environment and evolve to meet
requirements for future data management and advanced data
analytics.
"We are delighted to help the CSA in their modernization journey
by applying our in-depth knowledge of the current Canadian
regulatory systems, workflows and processes with our global
expertise in successful digital transformation", said Mark Boyajian, President, Canada Operations for
CGI.
This renewed system is planned to be delivered in stages over
the next 3 years by a joint CSA and CGI transition team.
About CGI
Founded in 1976, CGI Group Inc. is the fifth
largest independent information technology and business process
services firm in the world. Approximately 65,000 professionals
serve thousands of global clients from offices and delivery centers
across the Americas, Europe and
Asia Pacific, leveraging a
comprehensive portfolio of services including high-end business and
IT consulting, systems integration, application development and
maintenance, infrastructure management as well as 150 IP-based
services and solutions. With annual revenue in excess of
C$10 billion and an order backlog
exceeding C$20 billion, CGI shares
are listed on the TSX (GIB.A) and the NYSE (GIB).
Website: www.cgi.com.
Forward-Looking Statements
All statements in this
press release that do not directly and exclusively relate to
historical facts constitute "forward-looking statements" within the
meaning of that term in Section 27A of the United States Securities
Act of 1933, as amended, and Section 21E of the United States
Securities Exchange Act of 1934, as amended, and are
"forward-looking information" within the meaning of Canadian
securities laws. These statements and this information represent
CGI's intentions, plans, expectations and beliefs, and are subject
to risks, uncertainties and other factors, of which many are beyond
the control of the Company. These factors could cause actual
results to differ materially from such forward-looking statements
or forward-looking information. These factors include but are not
restricted to: the timing and size of new contracts; acquisitions
and other corporate developments; the ability to attract and retain
qualified members; market competition in the rapidly evolving IT
industry; general economic and business conditions; foreign
exchange and other risks identified in the press release, in CGI's
annual and quarterly Management's Discussion and Analysis
("MD&A") and in other public disclosure documents filed with
the Canadian securities authorities (filed on SEDAR at
www.sedar.com) and the U.S. Securities and Exchange Commission
(filed on EDGAR at www.sec.gov), as well as assumptions regarding
the foregoing. The words "believe", "estimate", "expect", "intend",
"anticipate", "foresee", "plan", and similar expressions and
variations thereof, identify certain of such forward-looking
statements or forward-looking information, which speak only as of
the date on which they are made. In particular, statements relating
to future performance are forward-looking statements and
forward-looking information. CGI disclaims any intention or
obligation to publicly update or revise any forward-looking
statements or forward-looking information, whether as a result of
new information, future events or otherwise, except as required by
applicable law. Readers are cautioned not to place undue reliance
on these forward-looking statements or on this forward-looking
information.
SOURCE CGI Group Inc.