CGI LAUNCHES COLLECTIONS READINESS SITE FOR BANKS
Allows banks to test their collections proficiency and learn strategies to improve recoveries
CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, today announced the launch of a collections microsite (www.cgi.com/collections) focused on helping banks turn rising delinquencies into recoveries.
Based upon CGI's 30 years of experience in helping hundreds of organizations improve their collections proficiency, the site features a collections capability quiz to help organizations learn where they rank on CGI's Collections Capability Maturity Model and how to move from incremental cost reductions toward comprehensive effectiveness and customer profitability. The site also includes services, solutions, and thought leadership for successful collections operations.
"CGI is pleased to launch this site to highlight strategies and tools that banks can deploy to immediately improve collections, said Steve Starace, Vice-President, Banking and Investments, CGI. "We understand the enormous pressures our clients are under to react to the current economic crisis. That's why we've launched services such as this site to better equip our clients to succeed during these tough times."
In addition to providing end-to-end collections business process services, CGI delivers market-leading software, including CACS® Enterprise for collections and recovery, Strata® Enterprise for decision management and Web Promises® for online collections.
For more than 30 years, CGI has provided IT, business process and managed services to financial institutions, including 24 of the top 25 banks in the Americas and 17 of the top 25 European banks.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $4.0 billion and at December 31, 2008, CGI's order backlog was $11.4 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com.
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