CGI (NYSE: GIB) (TSX: GIB.A) announced today a seven and half year agreement with Australia and New Zealand Banking Group Limited (ANZ), a major bank in the Asia Pacific region, to extend the bank’s use of the CGI Trade360 global trade finance Software as a Service (SaaS) platform. ANZ has used the CGI Trade360 SaaS platform since 2001 in support of the bank’s business strategy focused on building lasting partnerships with their customers.
“The CGI Trade360 platform has been essential to ANZ’s global expansion and supporting our growth into a super-regional bank. It is the one platform we use across our trade business globally in 28 countries,” said Wayne Jobson, Global Head of Trade & Supply Chain Platforms at ANZ. “With CGI Trade360, we can give every customer the ANZ experience wherever they bank with us. It allows us to deliver consistency to our customers, leverage global synergies and seamlessly expand our footprint.”
CGI leads the trade finance technology market with more than 50 products for traditional trade, supply chain, open account and cash management. Recent additions include a supplier portal and integrated payables offerings. Upcoming releases of CGI Trade360 will feature collateral management for commodity finance. These capabilities continue to enable financial institutions like ANZ to further expand their trade banking services for their corporate clients.
Scott Ayer, Senior Vice President of CGI in Australia commented, “CGI’s banking and financial markets experience and expertise has enabled us to work with many of the world’s leading banks to improve trade, payments and collections processes. We have delivered the global trade platform as a service to ANZ since 2001 and look forward to supporting their continued growth throughout the Asia Pacific region.”
Frank Tezzi, Vice President and Head of Trade & Supply Chain Finance at CGI added, “We are delighted to continue our long-term partnership with ANZ. Their decision to extend the use of CGI Trade360 demonstrates confidence in our ability to deliver a premier, global trade platform to help ANZ compete successfully in the evolving trade marketplace.”
About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 68,000 professionals serve thousands of global clients from offices and delivery centres across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as a wide range of proprietary solutions. With annualized revenue in excess of C$10 billion and an order backlog of approximately C$19 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).Website: www.cgi.com.
CGI 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 Canadian securities laws. These statements and this information represent CGI’s 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 but 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 IT industry; general economic and business conditions; foreign exchange and other risks identified in the press release, in CGI’s annual and quarterly Management’s Discussion and Analysis (“MD&A”), in CGI’s Annual Report, in CGI’s Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), and in the Company’s 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. 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, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information.
For more information:
Investors
Lorne Gorber
Senior Vice-President, Global Communications and Investor Relations
lorne.gorber@cgi.com
+1 514-841-3355
Media
Cheryl Kirgan
Manager, Communications
cheryl.kirgan@cgi.com
+61 2 8062 3137
