TELSTRA AND CGI CONTINUE STRONG PARTNERSHIP WITH CONTRACT FOR CREDIT ASSESSMENTS AND COLLECTIONS PLATFORM
Contract is anchored by Strata®, a key CGI solution for the global Telecommunications Industry
CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB) today announced the signing of a
contract to implement CGI’s patented Strata® solution in order to modernise the billing and
customer care environment of its long-standing partner, Telstra. The Strata
decisioning capabilities will be integrated with a solution based on
out-of-the-box Siebel CRM, Kenan Billing and Tribold Product Catalog
capabilities.
As part of the initial deployment, CGI will replace
Telstra’s existing decisioning application used for Credit Assessments and
centralise it on the Strata platform for both Credit Assessments and
Collections. Telstra will be using a broad range of Strata’s native capabilities
in monthly processing of individual and business accounts. With Strata,
organizations can make profitable and efficient decisions throughout the
customer life cycle and improve performance in every area, including:
- Customer level risk assessment for new applications,
- Assignment of treatment decisions for delinquent accounts,
- Credit limit updates, and
- Treatment decisions for accounts over limit.
Strata will
provide out-of-the-box assessment functionality for Telstra that can easily be
configured without the need for customisation and the ability to incorporate
existing processes into the Strata application.
“We’re delighted Strata
will become a vital part of Telstra’s new credit infrastructure to help them
transform their IT environment and capabilities,” said Jonathan Light,
Vice-President, Managing Director, CGI in Australia. “We are proud to be
considered a long-standing, trusted partner to Telstra.”
About
Strata
CGI’s decision management solution, Strata® Enterprise, integrates and leverages information from
every point on the customer value chain. With improved decision support and a
unified customer view, organizations obtain better response and approval rates,
higher utilization and wallet share, lower attrition rates, and increased cash
collection.
Strata has been implemented at more than 50 organizations
worldwide, including six of the top 10 U.S. banks, seven of the top 10 U.S.
telecommunications carriers, and multiple state agencies. CGI has been granted
eight U.S. patents for the decision management innovations built into Strata.
About CGI
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 annualized revenue run rate stands at $3.6 billion (US$3.1 billion)
and at December 31st, 2006, CGI's order backlog was $12.6 billion (US$10.9
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.
Forward-Looking Statements
All
statements in this press release that do not directly and exclusively relate to
historical facts constitute “forward-looking statements” within the meaning of
that term in Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange Act of 1934,
as amended, and are “forward-looking information” within the meaning of the
Ontario Securities Act, as amended. These statements and this information
represent CGI Group Inc.’s (“CGI”) intentions, plans, expectations and beliefs,
and are subject to risks, uncertainties and other factors, of which many are
beyond the control of the Company. These factors could cause actual results to
differ materially from such forward-looking statements or forward-looking
information.
These factors include and are not restricted to the timing
and size of new contracts, acquisitions and other corporate developments; the
ability to attract and retain qualified members; market competition in the
rapidly-evolving information technology industry; general economic and business
conditions, foreign exchange and other risks identified in the Management’s
Discussion and Analysis (“MD&A”) in CGI’s Annual Report or Form 40-F filed
with the U.S. Securities and Exchange Commission (filed on EDGAR at
www.sec.gov), and in CGI’s annual and quarterly MD&A and Annual Information
Form filed with the Canadian securities authorities (filed on SEDAR at
www.sedar.com), as well as assumptions regarding the foregoing. The words
“believe,” “estimate,” “expect,” “intend,” “anticipate,” “foresee,” “plan,” and
similar expressions and variations thereof, identify certain of such
forward-looking statements or forward-looking information, which speak only as
of the date on which they are made. In particular, statements relating to future
performance are forward-looking statements and forward-looking information.
Except to the extent required by law, CGI disclaims any intention or obligation
to publicly update or revise any forward-looking statements or forward-looking
information, whether as a result of new information, future events or otherwise.
Readers are cautioned not to place undue reliance on these forward-looking
statements or on this forward-looking information.
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For more information:
Business
Development
Michael Shepherd
Director, Consulting
Services
michael.shepherd@cgi.com
(02) 9243 5877
Media
Relations
Philippe Beauregard
Director
Corporate Communications and
Public Affairs
philippe.beauregard@cgi.com
(514) 841-3218








