Aktia and CGI enter strategic cooperation
October 11 2022 - 2:00AM
Aktia and CGI enter strategic cooperation
Aktia Bank PlcPress release11 October 2022 at 9.00 a.m.
Aktia and CGI enter strategic cooperation
Aktia Bank Plc and IT service provider CGI Finland Ltd have
signed an agreement on strategic cooperation whereby a joint
venture now being established between Aktia and CGI will provide
Aktia with a significant part of the maintenance and development
services for Aktia's banking business IT systems in the future. The
cooperation supports Aktia's strategic objectives to develop its
banking business and services and to be the leading wealth manager
bank in Finland. With the partnership, some 50 Aktia IT service
specialists will be transferred to the joint venture before the end
of the year. At the same time, a significant part of the capacity
and data centre services of Aktia's banking business will be
transferred to CGI.
Aktia estimates that the strategic cooperation will also
contribute to cost savings of several million euros over the
contract period of at least five years. A part of this will be used
to develop digital services.
“The strategic partnership with CGI is part of the long-term
product and service development in Aktia. We have already reformed
our basic banking system and we are constantly building upon it.
The cooperation now being established will further strengthen Aktia
customers’ banking services and speed up the development of new and
competitive products and services. We will strengthen and develop
IT operations and, together with our strategic partner, ensure the
delivery and development capacity of scalable banking services
according to Aktia's needs. The cooperation also improves access to
critical IT staff and thus contributes to ensuring that Aktia's
services meet the requirements of regulation and risk management in
the changing financial sector in the future,” says Sari
Leppänen, Chief Information Officer at Aktia.
“We are grateful for Aktia’s confidence and partnership. This is
an important contract for CGI with a total value of approximately
EUR 50 million. Our strong local industry and IT expertise, as well
as our global network of experts, will provide the necessary
scalability and ability to support Aktia in achieving their
business goals. We will fulfil our service promise, making optimum
use of our international expertise,” says Leena-Mari
Lähteenmaa, CEO of CGI Finland.
Further information:
Sari Leppänen, Chief Information Officer, Aktia, Tel. +358 40
527 7204
Lotta Borgström, Director, Investor Relations and
Communications, Aktia, Tel. +358 10 247 6838,
lotta.borgstrom(at)aktia.fi
Leena-Mari Lähteenmaa, Managing Director, CGI Finland, Tel. +358
40 840 0066
Aktia is a Finnish asset manager, bank and life
insurer that has been creating wealth and wellbeing from one
generation to the next for 200 years. We serve our customers in
digital channels everywhere and face-to-face in our offices in the
Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning
asset management business sells investment funds also
internationally. We employ approximately 900 people around Finland.
Aktia's assets under management (AuM) 30/06/2022 amounted to EUR
13.9 billion and the balance sheet total was EUR 11.9 billion.
Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA).
aktia.com
Founded in 1976, CGI is among the largest
independent IT and business consulting services firms in the world.
With 88,500 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. CGI Fiscal 2021
reported revenue is C$12.13 billion and CGI shares are listed on
the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
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