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People buy insurance and other financial services to secure peace of mind. But who do financial services firms turn to for their own security? For Industrial Alliance Insurance and Financial Services, the answer is clear. By entrusting their data processing and printing needs to CGI, they get secure, reliable performance they can count on. With their IT operations outsourced, Industrial Alliance can get on with what they do best—providing highly competitive financial services to customers throughout Canada. The Challenge Until 1996, Industrial Alliance outsourced its own IT operations and those of its subsidiaries to another wholly owned subsidiary—the IST Group—that specialized not in financial services but in IT outsourcing. That year, however, Industrial Alliance decided to sell this IT outsourcing subsidiary and concentrate on its core business: providing life and health insurance and wealth management services to groups and individuals. Industrial Alliance wanted an outside firm to take over IT operations not only for itself and its existing subsidiaries, but for other firms that Industrial Alliance would acquire down the road as it pursued its expansion plans. The Strategy “Industrial Alliance handed us the keys to their core business applications, because they saw us as experts who had the infrastructure, equipment, and personnel to provide 24/7 availability,” says CGI’s John Bennett, Vice-President, Outsourcing Services. “Besides benefiting from our state-of-the-art facilities,” he adds, “they gained access to leading-edge technologies along with a broad, deep pool of expertise to manage their mainframe environment.” Printing operations offer one good example of the synergies achieved. Industrial Alliance’s National Life subsidiary used to do all its printing in-house. Once CGI became its IT outsourcer, National Life started using CGI’s state-of-the art printing facilities instead. National Life thus gained substantial economies of scale, along with access to more sophisticated, specialized services, such as electronic document design and high-end color production. Meanwhile, to protect Industrial Alliance’s mission-critical systems, CGI maintains a bullet-proof recovery plan. If a system failure occurs, CGI reroutes the client’s data to one of several alternative processing sites and re-establishes full service at a backup center within 48 hours. The Technology
The Results As Jacques Martin, Industrial Alliance’s Senior Director of Information Technology, explains, “We had two compelling reasons for renewing with CGI. First and foremost was the quality of the dedicated team they have taking care of us. These people have incredibly high technical skills, and such a detailed knowledge of our specific environment that they’re really like part of the family.” Second, says Mr. Martin, was the way that CGI does business. “We have always found CGI’s management team very open and approachable. They really know how to listen to your needs and find the most effective way to meet them” Since the contract renewal, CGI has smoothly integrated IT operations for newly acquired Seaboard Life into Industrial Alliance’s hosted facilities at CGI’s data center. While CGI continues to meet its IT needs, Industrial Alliance focuses on its core business. Now Canada’s seventh-largest insurance and financial services firm, Industrial Alliance is steadily moving up the ranks. With CGI to support them, Industrial Alliance has the competition looking over their shoulders. |
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