Banking and financial markets

Articles

CGI has published a number of articles in the credit risk management and trade and supply chain finance sectors that provide insight into industry trends and innovative ideas to help position organizations for success in the months, years and decades ahead.

CREDIT RISK MANAGEMENT ARTICLES

Title / Abstract Number of pages
Banks to Use Social Media for Loans and Pricing

Originally published in American Banker online, January 2012

Paul Gallucci, Director and Collections Offering Manager at CGI, explains how CGI has developed a solution to help banks automate and mine data from social media sites such as Twitter, Facebook and LinkedIn, to get more information on delinquent debtors and manage the collections process for consumer loans.


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BBVA Compass Offers 'Self-Serve' Collections via Web

Originally published in American Banker online, July 2012

In an interview with American Banker, Mark Tuggle, executive vice president and director of collection and recovery at BBVA Compass, explains why Compass Banks chose CGI's Web Promises® software to enable 24x7 Self Service Web Based Collections. The service enables delinquent borrowers and cardholders to ask for help, schedule a payment, or make a promise to pay at anytime.

building_transformed_bank_e.pdf

Originally published in US Banker, December 2007

How can financial institutions improve cross-sell performance, which is becoming increasingly important in a consolidating industry? Answer: By building a transformed bank. This article focuses on cross-selling strategies to make bank products and services attractive and compelling, so that customers want to cross-buy.

1/ 67 KB
chart_course_through_crunch_e.pdf

Originally published in Future Banking, a journal of SPG Media Plc., November 2008

Economic conditions influence the daily choices banks must make, driving significant changes in strategic initiatives. This article outlines the selective moves that provide immediate, steady progress and position banks for success in the months, years and decades ahead.

2/ 65 KB
CCR_Q&A_e.pdf

Originally published in Collections & Credit Risk , September 2009

Steven Starace, VP Banking and Investments from CGI, provides answers to four key questions about the collections and credit risk industry.

1/ 123 KB
fst_collections_article_e.pdf

Originally published in FST's (Financial Services Technology) online magazine, February 2009

To keep pace with the rapidly expanding volume of delinquencies, collections operations have to move from efficiency to effectiveness. This article outlines the techniques banks can adopt to keep up with increased collections volumes and to focus on efforts that generate maximum returns.

5/ 414 KB
ccr-uk-loss-mitigation-comes-of-age-feb-2010.pdf

Originally published in Credit Collections & Risk Magazine in the UK, February 2010

Jame Cofran, Senior VP of CGI Global Banking and Financial Markets and John Frey, Executive VP of BBVA Compass Bank discuss why lenders must embrace loan modification strategies, how to fit loss mitigation into their processes and how to recover before default.

2/ 96 KB
Make-the-Most-of-Technology-to-Increase-Customer-Loyalty-e.pdf

Originally published in Collections & Credit Risk’s online magazine, April 2010

In response to evolving consumer demands for choice and a growing aversion to traditional collections methods, a large number of collections organizations have begun to explore alternative contact channels to reach consumers. Paul Gallucci, Collections Offering Manager at CGI, discusses some important points organizations must consider when pondering their options.

2/ 46 KB
CCR-Economic-and-Regulatory-Report-Final.pdf

Originally published in Collections and Credit Risk’s Economic and Regulatory Report, November 2011

This article, found on pages 2 and 3 of the report, explains how CGI helps organizations build the business case for modernized debt management solutions using a proven methodology focused on maximizing return on investment.  The article also contains a real example of how CGI used a proof-of-concept to help a large financial services client build and validate its business case and the results they achieved after implementing CGI’s Collections360 solution, which provides the full spectrum of cloud-based applications and business process services to improve collections operations with minimal upfront investment.

16/ 6 MB
bst-digital-issue-2010-09.pdf

Originally published in the digital issue of Bank Systems & Technology (BS&T), September 2010

Jame Cofran, SVP Global Banking and Financial Markets at CGI, met with the Executive Editor of BS&T to discuss the evolution of outsourcing.  This article focuses on how banks are demanding more value from their outsourcing relationships by rethinking what’s possible, restructuring deals and enforcing tighter controls.

18/ 3 MB
Not Too Early for Lenders to Regroup and Think Ahead

Originally published in Bank Systems & Technology online, June 2008

Banks are beginning to demand a variety of new solutions that will bring them through the lending downturn and position them for the eventual upswing. This article discusses the strategies and technology that lenders need to be prepared for the next upswing in the market.


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cgi_sourcing_article_e.pdf

Originally published in Bank Systems & Technology magazine, October 2008

In these difficult economic times, innovation requires new thinking and approaches. This article challenges banks to rethink activities to determine if an external partner can leverage its skills, scale and even financing to do the activity more efficiently.

3/ 356 KB
supplement_e.pdf

Originally published in Future Banking, a journal of SPG Media Plc., November 2008

Banks have always sought efficiency, and the current financial climate has accentuated the need to cut costs. This supplement includes two articles on strategies that help address today's challenges: "Open the Door to Outsourcing" and "Mind the Gap: Meeting the demand for personalized, customized services."

4/ 633 KB
cgi_facing_future.pdf

Originally published in a supplement to American Banker, Bank Technology News and U.S. Banker, 2007

The key to innovation is the ability to identify differentiating concepts—those that relate to price, product and customer experience—and execute them flawlessly. CGI has been an innovative partner to many industry leaders and has learned the solutions to the major innovation challenges. Read this article to learn more about our solutions.

1/ 52 KB
cgi_transform_cross_selling.pdf

Originally published in a supplement to American Banker, Bank Technology News and U.S. Banker, 2007

This article discusses the need for bankers to turn the concept of cross-selling on its end. Bank services must be so attractive and easy to use that customers are interested in cross-buying. To achieve this, banks require a significant makeover in strategies, processes and underlying technologies.

1/ 44 KB

TRADE AND SUPPLY CHAIN SERVICES

Title / Abstract Number of pages
GTR_AcceleratingSupplyChainFinance_Starace_Quote_e.pdf

Originally published in Global Trade Review (GTR), September/October 2009

Steve Starace, VP of CGI Banking & Investments, meets with Liz Salecka from GTR to discuss how the financial crisis is pushing many corporates towards supply chain finance (SCF) solutions, in order to protect their physical supply chain and optimize their working capital.

8/ 953 KB
CGI-SS-GTR-2012.pdf

Originally published in Global Trade Review’s Sibos Supplement, September/October 2012

Frank Tezzi, Vice-President of Trade and Supply Chain Solutions, CGI, and Kitt Carswell, Senior Offering Manager, CGI, explain how securing operational efficiency is critical to building a competitive trade finance business with sustainable growth in today’s economic environment.

1/ 320 KB
Ahead-of-the-Curve-in-Trade-Finance-GTR-2011.pdf

Originally published in Global Trade Review (GTR), September/October 2011

By developing CGI Trade360® as a global solution, delivered using a highly secured community cloud, CGI has proved itself ahead of the curve in trade finance.  CGI’s Frank Tezzi, Director of Trade & Supply Chain Solutions, and Kitt Carswell, Senior Offering Manager, Trade & Supply Chain Solutions, explain.  

2/ 1 MB
cgi-trade-finance-ahead-of-the-game-e.pdf

Originally published in Trade Finance, October 2010

Kitt Carswell and Frank Tezzi of CGI explain how the CGI Trade360™ platform meets the needs of the trade finance market and will continue to do so in the future.

3/ 284 KB
IBS-BMO-Bring-MandI-Bank-onto-Trade360.pdf

Originally published in IBS Journal, September 2011

Read this cover story to find out how Bank of Montreal (BMO) will migrate the trade business of M&I Bank onto the CGI Trade360® platform and how the bank has also signed a third customer to use the Trade360 platform on an outsourced basis.    

1/ 365 KB
busy_boston_e.pdf

Originally published in Global Trade Review (GTR), November/December 2007

This SIBOS 2007 report focuses on the hot topic of supply chain finance (SCF).

4/ 192 KB
cgi-stays-well-ahead-of-the-curve-with-its-trade-capabilities.pdf

"CGI stays well ahead of the curve with its trade capabilities"

TFX: Trade & Export Finance, Trade & Supply Chain Finance Special Report, September 2013

Kitt Carswell and I talked to Jonathan Bell from TFX about the robustness and leveraging capabilities of the CGI Trade360 platform.

 

5/ 3 MB
Mapping-Out-the-Future-GTR-Sibos-Special-Feature-Article.pdf

Originally published in Global Trade Review (GTR), September/October 2011

While global banks have become more focused on developing their own trade and supply chain finance solutions, third party platform providers have found favour among mid-market banks.  Liz Salecka interviewed and quoted CGI’s Frank Tezzi, Director of Trade & Supply Chain Solutions, in this cover feature article.   

4/ 1 MB
payables-and-receivables-the-bookends-of-open-account.pdf

"Payables and Receivables: the bookends of open account"

Global Trade Review (GTR), September 2013

Kitt and I, along with James Clark, Senior Vice President, Transaction Banking at Union Bank, and Wayne Jobson, Head of Global Transaction Banking Platforms at ANZ, talked to Liz Salecka from GTR about how CGI Trade360 is a step ahead in the ever-growing sphere of receivables and payables processing and financing.

2/ 135 KB
IBS-Scotiabank-Upgrade-to-Trade360.pdf

Originally published in IBS Journal, September 2011

Read this feature article to find out why Scotiabank decided to migrate its global trade finance operations onto CGI’s hosted Trade360 platform. 

1/ 669 KB
setting-a-truly-global-standard.pdf

"Setting a truly global standard"

Trade Finance, September 2013

Kitt Carswell, Senior Offering Manager, and I, along with Paul LeBlanc, Trade Services and Financial Institutions, Global Transaction Banking at Scotiabank, and Phil Cubbin, Global Head, Trade & Supply Chain Operations at ANZ, talked to Oliver O'Connell from Trade Finance about how CGI Trade360 is a truly global solution.

3/ 762 KB
GTR-Software-as-a-Service-Comes-of-Age-e.pdf

Originally published in Global Trade Review (GTR), September/October 2010

Forward-thinking financial institutions recognize the critical need to stay ahead of intensified competition by enhancing their global offerings beyond traditional trade and running their trade business on one platform across all locations to serve their customer’s global footprint. Banks are finding that Software as a Service (SaaS) can deliver an efficient and flexible platform to serve their bank-wide needs for trade and cash management.

2/ 628 KB
CGI_GTR_Advertorial_e.pdf

Originally published in Global Trade Review (GTR), September/October 2009

In this article Steven Starace, Vice President of CGI Banking & Investments, explains how banks can move beyond letters of credit and maintain a foothold in supply chain finance. Bank of Montreal and Australia and New Zealand Banking Group also discuss the benefits of using Proponix360™, CGI’s global trade platform with end-to-end applications addressing traditional trade, supply chain, and cash management functions.

1/ 900 KB
stepping-up-the-ace-with-automation.pdf

Originally published in GTR Asia Treasury Solutions Supplement, May/June 2012

Asia now represents a lucrative market for third party providers.  Many Asian banks looking to make a major investment in new trade finance solutions today are in a strong position to leapfrog existing technologies and move directly to the latest converged cash and trade solutions. CGI’s Kitt Carswell, senior offering manager, trade and supply chain at CGI, briefly explains the importance of deploying a fully-integrated solution, like Trade360, so banks can service their corporate customers in a more unified way.

5/ 224 KB
bmo_casestudy_ibs_e.pdf

Originally published in the International Banking Systems Journal of Banking Operations & Systems, October 2008

There is much talk in today's difficult times about collaboration but examples in the back office are few. This case study on the Bank of Montreal (BMO) focuses on the experiences of BMO and shows that collaborative models can be challenging but can also bring rewards.

2/ 55 KB
Trade-Finance-Strength-Thru-Partnership-2011.pdf

Originally published in Trade Finance, September 2011

ANZ has partnered with CGI for a number of years now.  Mark Evans, global head of trade and supply chain at ANZ, joins CGI’s Kitt Carswell, Senior Offering Manager of Trade & Supply Solutions, and Frank Tezzi, Director of Trade & Supply Chain Solutions to describe the working relationship between the two institutions.

3/ 612 KB
supply_chain_bmo_e.pdf

Published November 2007

Globalization has fragmented supply chains and made them more challenging to manage. This article highlights a number of emerging solutions that address this problem.

2/ 101 KB
technology-report-into-battle.pdf

"Technology Report: Into Battle"

Global Trade Review (GTR), September 2013

Kitt Carswell was interviewed by Liz Salecka about third-party providers and multi-bank supply chain finance programs.

3/ 381 KB
future_banking_mar_2008_e.pdf

Originally published in Future Banking, a journal of SPG Media Plc., March 2008

This supplement addresses Transformational Banking and, in particular, transformation in the Supply Chain Finance realm; an ANZ case study is detailed on page 4 of the article.

4/ 298 KB
supplement_e.pdf

Originally published in Future Banking, a journal of SPG Media Plc., November 2008

On page 2 of the supplement, Steve Starace, Vice President of CGI Banking & Investments, explains how to plan trade platforms for the future.

4/ 633 KB
gtr_trade_bank_future_e.pdf

Originally published in Global Trade Review (GTR), November/December 2008

This article features Steve Starace, VP of CGI Banking and Investments and Kitt Carswell, Executive Consultant with CGI. They discuss their vision for the trade bank of the future and the importance of an integrated end-to-end global trade platform achieved by utilizing the Proponix360 solution.

4/ 185 KB
GTR-Third-Party-Providers-Bite-Back-e.pdf

Originally published in Global Trade Review (GTR), September/October 2010

Kitt Carswell, Senior Offering Manager at CGI, shares his thoughts with GTR on the future of standalone solution providers as the industry moves towards trade and treasury convergence.  The full article can be found on page 3 of the PDF. 

12/ 2 MB
tough_choices_canadian_banks_e.pdf

Originally published in Global Trade Review (GTR), November/December 2007

Canadian banks have rarely been seen at the forefront of trade finance developments, but with both domestic and global competition becoming tough, they are now picking up the pace. Read more to find out how CGI is helping Canadian banks move forward.

3/ 167 KB
Trade Finance in Canada: Punching above their weight class?

Originally published in Trade Finance, September 2011

In this article, CGI’s Frank Tezzi, Director of Trade & Supply Chain Solutions, and Kitt Carswell, Senior Offering Manager, Trade & Supply Chain Solution, share their thoughts about the state of the Canadian market in the context of trends in North America and globally.


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CGI_advertorial_e.pdf

Originally published in Global Trade Review (GTR), September 2008

This 2 page article was written by Steve Starace, Vice President of CGI Banking and Investments. Mr. Starace discusses why banks must transform their business into one that aligns with, and plugs into, their customers' quickly evolving supply chain strategies.

2/ 56 KB
Trade Finance: The Top 10 Things You Need to Know

Originally published in World Trade Magazine, October 2011

Register online at World Trade Magazine to read this article, which explores the 10 things you need to know in order to navigate the new trade finance environment that has evolved far beyond providing letters of credit and working capital.  Kitt Carswell, senior offering manager for trade and supply chain at CGI, also shares his opinion on the changing trade finance landscape.  


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gtr-wanted-extra-capacity-for-supply-chain-finance.pdf

Originally published in Global Trade Review (GTR), January 2011

Kitt Carswell, Senior Offering Manager at CGI met with Liz Salecka from GTR and shared his thoughts on syndicated deals to meet corporates’ ever-growing supply chain finance requirements and securitization of trade finance assets

3/ 989 KB