CGI Group Inc. (CGI) announced the release of INSideOUT® Version 9. INSideOUT's Version 9 offers significant value to customers by improving productivity and lowering maintenance costs.
Significant enhancements in this release include: Consolidated Direct Bill, General Ledger Interface to Oracle Financials and other third party General Ledger packages, Automation of Accounts Receivable Balancing, Enhanced Audit Billing and Collections, Enhanced EFT Processing, Worker's Compensation, Watercraft and Business Owners (rating) and support of Oracle 9i. Web enabled enhancements incorporate: First Notice of Loss, Personal Umbrella and Watercraft quote and issuance, Real Time Clue Auto with Additional Driver Discovery.
CGI has also Implemented a notification process to restrict user companies from performing transactions involving persons on the Specially Designated Nationals (SDN) list, that is published by the Office of Foreign Assets Control (OFAC) under the jurisdiction of the U.S. Department of the Treasury.
"This release demonstrates CGI's on going commitment to provide our clients with superior processing capabilities, resulting in exceptional value," said Gordon Gaar, Vice President Insurance Business Solutions of CGI. "The main focus for INSideOUT's next release will be the implementation of web enabled Commercial lines quote and policy issuance; Automated regression testing features, and the integration between INSideOUT and Millbrook's Beacon product providing Business Intelligence tools within the INSideOUT software solution set. This solution will facilitate complete information management, including planning, measuring performance, and providing targeted, industry-specific analyses and reporting capabilities."
Founded in 1976, CGI is among the largest independent information technology and business process services firms in North America. 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 India and Canada. CGI's annualized revenue run rate is currently CDN$3.8 billion (US$2.8 billion) and at June 30, 2004, CGI's order backlog was CDN$13.2 billion (US$9.8 billion). CGI's 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.
For more information:
Richard J. Marxen
Senior Vice President
CGI - Insurance Business Services CGI