Toronto, Ontario, July 23, 2019

CGI (TSX: GIB.A) (NYSE: GIB) announced today that it has been awarded contracts worth more than $21 million CAD to renew and extend managed banking services with Canadian credit unions in the Credit Union Services Association (CUSA). CGI has longstanding relationships with credit unions throughout Canada, including these Ontario-based clients. "We are pleased to enter into an early contract renewal and extension with CGI for our managed banking services. In our comprehensive formal review of banking system options available in the market today, our clear choice was CGI and the RFS360™ banking solution,” said Allison Kasper, Senior Vice President, Business and Social Impact for Copperfin Credit Union, and chair of the CUSA board. “CGI is a trusted partner and we rely on its experience and expertise to help strengthen and grow our businesses.”

“We are very excited to once again extend our partnership with these CUSA clients. This multi-year extension allows them to focus on the transformational changes underway in support of their business plans and their members,” said Richard Pickering, Vice President, Services to Credit Unions, CGI. "We truly value the relationship we share with our CUSA clients and we look forward to continuing to leverage our digital solutions to provide our banking clients the end-to-end integrated services and solutions needed to support their ongoing success."

CGI’s Services to Credit Unions team is a partner to more than 100 credit unions, banks and trusts that support approximately two million end customers. CGI's ‘Bank in a Box’ SaaS solution, RFS360™, delivers multi-channel, integrated functionality to streamline and automate clients' end-to-end banking processes.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With approximately 77,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from IT and business consulting to systems integration, outsourcing services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2018 reported revenue of C$11.5 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at

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Investors and media
Lorne Gorber
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+1 514-841-3355

Sébastien Barangé
Vice-President, Communications and Public Affairs
+1 514-841-3354