Solution to provide ready access to documents
that govern the transactions and regulatory oversight necessary to
meet the agency's mission
FAIRFAX, VA, Sept. 17, 2020 /CNW Telbec/ - CGI (NYSE:
GIB) (TSX: GIB.A) has been selected by the Government National
Mortgage Association (Ginnie Mae)
within the U.S. Department of Housing and Urban Development (HUD)
to enable the agency's Digital Asset Management Solution (DAMS)
through a blanket purchase agreement encompassing one base year and
four option years. CGI will help Ginnie
Mae establish an enterprise-wide strategy for document,
record and content management to support the digital transformation
of its operations and enhance the user experience of its
stakeholders.
DAMS is a key component of Ginnie
Mae's overall systems modernization strategy. CGI will work
with the agency to build a strategic roadmap that helps drive the
technical direction and integration of the organization's document,
records and content management capabilities. Core to this
initiative is the digitization of Ginnie
Mae's assets and mission-critical information, which will
enable data to be more easily searchable, discoverable, and
accessible across enterprise systems. This contract follows CGI's
award from Ginnie Mae to help
modernize its securitization platform technology, processes and
related policies.
The roadmap also will support Ginnie
Mae's ongoing use and evolution of cloud services and data
ingestion automation. In addition, it will enhance the agency's
ability to control document and data access in accordance with
security and data privacy requirements, such as the National
Archives and Records Administration (NARA) guidelines.
"DAMS will enable Ginnie Mae to
digitally transform its document and records management operations
and prepare for future technology platforms," said CGI Federal
Senior Vice-President Stefan Becker.
"CGI is proud to help Ginnie Mae
modernize its digital asset management operations. This work will
help its stakeholders better manage risk and deliver capital
to housing markets servicing first time homebuyers,
veterans and those in rural America."
Established in 1968 as a wholly-owned government
corporation within HUD, Ginnie Mae's mission is to
bring global capital into the housing finance system while
minimizing risk to the taxpayer. With more than $2
trillion of assets under management, the organization has
provided liquidity and stability, serving as the principal
financing arm for government mortgage loans and ensuring that
mortgage lenders have the necessary funds to provide loans to
customers.
About CGI Federal
CGI Federal Inc. is a wholly-owned
U.S. operating subsidiary of CGI Inc., dedicated to partnering with
federal agencies to provide solutions for defense, civilian,
healthcare and intelligence missions. Founded in 1976, CGI is among
the largest independent IT and business consulting services firms
in the world. With 77,500 consultants and other professionals
across the globe, CGI delivers an end-to-end portfolio of
capabilities, from strategic IT and business consulting to systems
integration, managed IT and business process services and
intellectual property solutions. CGI works with clients through a
local relationship model complemented by a global delivery network
that helps clients digitally transform their organizations and
accelerate results. With Fiscal 2019 reported revenue of
C$12.1 billion, CGI shares are listed
on the TSX (GIB.A) and the NYSE (GIB). Learn more at
cgi.com.
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SOURCE CGI Inc.