TORONTO, Sept. 16, 2019 /PRNewswire/ - CGI (TSX: GIB.A)
(NYSE: GIB) announced today that it has been awarded contracts
worth more than $27 million CAD to
renew and extend CGI's RFS360™ banking services with Canadian
credit unions in the Credit Union Services Association (CUSA) in
Ontario and with credit unions
based in British Columbia. In
addition, CGI has entered into new long-term contracts with Belgian
Alliance Credit Union, Winnipeg
Police Credit Union, and The Energy Credit Union for the
implementation and management of RFS360™ Banking.
RFS360™ provides banking as a managed service, featuring
a multi-channel, 24/7 real-time view of customer
relationships, enabling financial institutions to deliver highly
personalized service and more relevant products and services to
their members. Fully extensible through robust APIs, RFS360 enables
financial institutions to easily and securely integrate new
products and solutions quickly to meet their members' needs as they
transform their organizations to meet the digital banking
requirements of the future.
"We are pleased to enter into an early contract renewal and
extension with CGI for our managed banking services. In our
comprehensive formal review of banking system options available in
the market today, our clear choice was CGI and the RFS360™ banking
solution," said Allison Kasper,
Senior Vice President, Business and Social Impact for Copperfin
Credit Union, and chair of the CUSA board. "CGI is a trusted
partner and we rely on its experience and expertise to help
strengthen and grow our businesses."
"We are pleased to announce our partnership with CGI and their
RFS360 core banking platform," said Martin
Trudeau, CEO, Belgian Alliance Credit Union. "We
believe that the CGI service delivery team and their RFS360 core
banking solution will complement and enhance our credit union's
service offering to our members not only today but well into the
future. We look forward to a strong and sustained partnership for
many years to come."
"We could not be happier in extending our many long standing
credit union partnerships, as well as embarking on new and exciting
partnerships with our new clients," said Richard Pickering, CGI's Vice President,
Services to Credit Unions. "We truly value the relationship we
share with all our clients and we look forward to continuing to
leverage our digital solutions to provide our banking clients the
end-to-end integrated services and solutions needed to support
their ongoing success."
CGI's Services to Credit Unions team partners with
over 110 credit unions, small banks, and trusts to
provide end-to-end services that support over two million
Canadians. CGI's two core banking offerings, RFS360™ and
HORIZON™ Financial Suite, manage and improve both front- and
back-office banking activities to drive client's performance and
growth.
About CGI
Founded in 1976, CGI is among the largest
independent IT and business consulting services firms in the world.
With approximately 77,500 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.
With Fiscal 2018 reported revenue of C$11.5
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.