CGI Federal is first to receive approval for
the FM QSMO, designed to streamline IT procurement and improve
financial management, performance across federal
agencies
FAIRFAX,
Va., Nov. 29, 2022 /PRNewswire/ -- CGI Federal
Inc., the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE:
GIB) (TSX: GIB.A), announced today that it is the first commercial
vendor approved to provide financial management services and
solutions as part of the U.S. Department of the Treasury's new
shared services marketplace. This new marketplace – formally
called the Financial Management Quality Service Management Office
(FM QSMO) – will act as a centralized broker of commercial and
federal solutions across government agencies for technology support
and solutions for core financial systems (FS), financial management
services and solutions, and the Treasury Bureau of the Fiscal
Service products and services.
"We are proud to help clients across the federal enterprise
benefit from flexible options when it comes to planning financial
system modernizations, sustaining current operations and leveraging
financial management expertise," said Kenyon Wells, Senior Vice-President in CGI
Federal's Consulting, Applications, Solutions, and Technology
(CAST) practice. "We are thrilled to be a part of this marketplace
delivering shared services for an effective, agile government."
Announced on November 10, the
Treasury's Bureau of the Fiscal Service called CGI Federal's
approval an "important milestone that signifies continued progress
in establishing the FM QSMO Marketplace." Among others in
development, CGI Federal will offer service packages accepted by FM
QSMO for grant accounting services, core FS agency solution
operations and maintenance support, strategic planning and
investment business case development and financial management
organizational change management (OCM).
"This new marketplace is a great way for federal agencies to
access financial management technology and services," said
Kerry Canfield, Vice-President in
CGI Federal's CAST practice. "We are excited to partner with the
government to create streamlined, transparent operations to enable
agencies to remain effective stewards of vital public
resources."
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.
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SOURCE CGI Federal, Inc.