The CGI Group Inc. announced today that it has been awarded a five year, $10 million contract for the management of Interac Association's Central Network Management Facility (CNMF). The CNMF system monitors the availability of Interac members to process transactions and provides statistical information. CGI will be responsible for the day-to-day operation of CNMF's services.
"This is a highly significant and strategic contract considering Interac Association's key role in the financial sector. The experience of our financial systems division in the operation of mission-critical systems coupled with an appreciation of the need for exceedingly high standards of availability, reliability and data integrity will allow Interac to continue delivering a proactive, valuable service to the market," said Serge Godin, Chairman and Chief Executive Officer of CGI.
Joanne De Laurentis, President of Interac Association, stated, "We chose CGI in great part because of their dedication to the services they provide, as well as the high service and reliability levels they offer clients."
Interac Association is a national organization, linking enterprises that have networks that communicate with each other to perform electronic financial transactions. There are two services: Shared Cash Dispensing and Interac Direct payment.
CGI is the largest Canadian-owned independent information technology consulting firm with 2,700 specialists and annualized revenue of $300 million. It provides end-to-end IT services and business solutions to more than 1,800 clients throughout Canada and elsewhere in the world. CGI is listed on the Toronto and Montreal stock exchanges. Stock symbol: GIB.A.
Following the recent acquisition of CDSL Holdings and a series of major systems integration and IT outsourcing contracts, the company's order book is now valued over $1 billion.
For information:
CGI
Yves Roberge
Public affairs
(514) 841-3230
