Contracts will renew and extend banking services solutions with three Okanagan-based credit unions

Victoria, British Columbia, July 24, 2019

CGI (TSX: GIB.A) (NYSE: GIB) announced today that it has renewed and extended contracts for managed banking services worth more than $3.3 million with three Okanagan-based credit unions in the first half of its fiscal year 2019, VantageOne Credit Union, Salmon Arm Savings Credit Union and Creston and District Credit Union. CGI has longstanding relationships with credit unions in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Atlantic Canada.

“In our review of banking system options available in the market, our clear choice was CGI,” added Glenn Benischek, Chief Executive Officer VantageOne Credit Union. “CGI’s RFS360™ Retail Banking solution, backed by the expertise of its banking professionals, enables us to streamline our operations, increase our efficiency and improve our customer service.”

“We are very pleased to once again extend our valued partnership with these British Columbia-based clients.  Supporting their business plans and their members is always a priority for CGI and we look forward to continuing to do so, through our banking end-to-end integrated services and solutions, today and well into the future,” said Richard Pickering, Vice President, Services to Credit Unions, CGI.

CGI’s Services to Credit Unions team is a partner to more than 100 credit unions, banks and trusts and it also supports approximately 2 million end customers. CGI's core banking offering, 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 cgi.com

For more information:

Investors and media
Lorne Gorber
Senior Vice-President, Investor and Public Relations
lorne.gorber@cgi.com
+1 514-841-3355

Media
Sébastien Barangé
Vice-President, Communications and Public Affairs
sebastien.barange@cgi.com
+1 514-841-3354