Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom
CGI to expand delivery of banking
transformation services over the next five years
MONTRÉAL, Jan. 30,
2023 /CNW Telbec/ - CGI (NYSE: GIB) (TSX: GIB.A)
announces today a five-year contract extension with the Laurentian
Bank of Canada (TSX: LB) (the
"Bank"). Under the new agreement, CGI will help the Laurentian Bank
of Canada manage its digital
transformation process, while supporting its efforts to improve and
simplify the end-user experience for both external and internal
customers.
"CGI values its long-standing business partnership with the
Laurentian Bank of Canada, which
began more than two decades ago," says Michael Godin, CGI Senior Vice-President,
Greater Montréal. "This agreement will enable the Laurentian Bank
of Canada to leverage CGI's
institutional knowledge and critical application management
services to strengthen operational efficiencies and deliver a
better customer experience."
Over the term of the agreement, both organizations will
contribute towards a co-innovation fund, designed to help the Bank
leverage CGI's business and technology services, to deliver an
enhanced end-user experience.
"Our new arrangement with CGI enables us to take a more flexible
approach to maintaining some of our core business systems and
managing resources," says Beel
Yaqub, Executive Vice-President and Chief Information
Technology Officer, Laurentian Bank of Canada. "We are also excited to work with CGI
to collaborate on opportunities to introduce further innovation
into our ecosystem, as we enhance our customers' digital
experience."
CGI is a valued partner to the banking and capital markets
industry by helping financial institutions improve end-to-end
customer experience through digital strategies, channels and
technologies - successfully executing transformative projects and
ensuring market growth for clients as they take the lead in new
digital territories. For more, visit CGI.com.
About CGI
Founded in 1976, CGI is among the largest
independent IT and business consulting services firms in the world.
With 90,000 consultants and 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. CGI Fiscal 2022
reported revenue is $12.87 billion
and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
Learn more at cgi.com.
SOURCE CGI Inc.