CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leader in information technology and
business process services, helps banks and financial institutions transform
their credit and trade strategies and operations while hosting its annual
Innovations conference at the La Costa Resort and Spa in Carlsbad, CA, April
6-9, 2008.
CGI’s Innovations 2008 is the premier networking and
education event for senior executives and managers in the credit and trade
communities.
“Innovations 2008 couldn’t happen at a better time. We have
brought together CGI clients and industry experts to take an in-depth look at
the industry and business operations as a whole,” said Jame Cofran, Senior Vice
President, CGI Banking & Investments. “Awareness of what’s taking place in
our industry is fundamental for successful short-term action and long-term
strategic planning.”
As a consequence of the tightened credit market,
financial institutions are under intense financial pressure that has not been
seen in recent years. Innovations 2008 sessions are focused on specific issues
facing the banking industry, and the techniques and tools necessary for banks to
stay nimble in today’s market while positioning for future transformation of
systems and processes to enable true relationship banking.
“Policymakers
are chipping away at the problems plaguing the economy and have loaded up the
pipeline with considerable stimulus,” says Dr. Ken Mayland, President, ClearView
Economics, LLC, who is addressing the economic future of the banking industry at
Innovations. “The key to success for financial institutions will be their
ability to adapt to this changing market.”
This year, CGI designed
Innovations 2008 as a “green” conference, taking measures to protect the
environment in just about every aspect of conference planning. IBM and Research
In Motion, developer of the BlackBerry® wireless solution, are
platinum sponsors of the conference.
For over 30 years, CGI has provided
IT and business process services to financial institutions around the world
including 21 of the top 25 U.S. banks and 45 of the top 50 banks in the Americas
and Europe. CGI’s banking focused solutions include end-to-end wealth
management, trade finance, business intelligence/data warehousing, customer
relationship management, and credit management. CACS helps organizations
maximize the effectiveness of collections treatments, optimize the deployment of
collectors, and speed the collections of impaired accounts. Seven of the top 10
U.S. banks and six of the top 10 banks worldwide are utilizing the CACS
solution. Strata, a patented decision management solution, helps organizations
obtain better response and approval rates, higher utilization and wallet share,
lower attrition rates, and increased cash collection. More than 50 organizations
worldwide, including six of the top 10 U.S. banks, seven of the top 10 U.S.
telecommunications carriers, and multiple state agencies are utilizing the
Strata solution.
About CGI
Founded in 1976, CGI Group Inc. is
one of the largest independent information technology and business process
services firms in the world. CGI and its affiliated companies employ
approximately 26,500 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 North America,
Europe and India. CGI's annual revenue run rate stands at $3.7 billion and at
December 31st, 2007, CGI's order backlog was $12.04 billion. CGI 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.
The BlackBerry and RIM families of
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Research In Motion Limited.
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For more
information:
Investors
Lorne Gorber
Vice-President,
Global Communications and
Investor Relations
lorne.gorber@cgi.com
514-841-3355
Media
Lee
LoPriore
Executive Consultant, Banking and
Investments
lee.lopriore@cgi.com
843-881-2441
