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CGI acquires National Bank's innovative
financial planning IP solution, AdviceSuite, to expand
its Wealth360 digital platform
MONTRÉAL, Feb. 2, 2023
/PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) and National Bank of
Canada (the "Bank") (TSX:NA)
announce today they are expanding their long-standing partnership,
as CGI acquires the intellectual property of the Bank's in-house
financial planning solution currently used by the Bank's financial
advisors. CGI is also entering into a new, 10-year SaaS agreement
for the delivery of the solution to the Bank, accelerating its
development. This IP expand the capabilities of CGI's
market-leading Wealth360 Digital Wealth Platform to bolster
its end-to-end offering to clients.
"CGI values deeply its partnership with National Bank of
Canada," says Jamie Holland, Senior Vice-President, Industry
Solutions. "For CGI, it's vital to work with our partners to drive
forward digital transformation solutions and meet competitive
market demands. CGI and the National Bank both share the long-term
vision that advisory experience is at the heart of creating
meaningful, long-term value, while enhancing the advisor and
investor experience. This financial planning solution will become a
multi-tenant SaaS offering and will contribute to accelerate a
similar adoption across the remainder of our IP."
This modern financial planning solution empowers advisors to
build deeper relations with investors, through a transparent and
dynamic platform that facilitates easy access to financial advice,
while keeping the investors' life goals top of mind.
"This partnership enables us to leverage CGI's expertise and
capabilities to enhance product development in order to accelerate
the delivery of a streamlined end-user experience for advisors and
investors," says Éric-Olivier
Savoie, President of National Bank Investment. "Our trusted
and long-standing partnership with CGI helped pave the way for this
'win-win' opportunity."
CGI is a valued partner to the banking, wealth management 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 90,250 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 Inc.