Montreal, Quebec, November 28, 2006 - CGI Group Inc. (TSX: GIB.A; NYSE:
GIB) announced today that American Banker Magazine and the research firm
Financial Insights have ranked CGI as the number one solutions provider to the
Insurance Industry as part of the 2006 FinTech 100.
“This award confirms
CGI as the leading solutions provider to the insurance industry,” noted Michael
E. Roach, President and Chief Executive Officer of CGI. “It shows our ability to
provide our clients state-of-the-art technologies, solutions and practices to
respond to their needs in this highly competitive environment.”
CGI also
placed 16th in the overall FinTech 100 ranking. The FinTech 100, and their
associated special reports, are a collaboration of American Banker and Financial
Insights, an IDC Company. This ranking is categorized and evaluated based on
fiscal year end revenues and the percentage of revenues attributed to financial
services. Data is gathered from surveys completed by vendors, as well as
original research and market analysis conducted by Financial Insights. New to
the 2006 report, the Top 10 Insurance providers rank the top companies in this
financial services segment.
CGI is a leading partner of insurance
carriers who are seeking to capitalize on market opportunities ranging from
consolidation to specialization. CGI’s complete insurance capabilities encompass
proven processes and tools that allow carriers to increase their
competitiveness. CGI helps clients focus on those functions that achieve market
differentiation, such as product management and sales channel development, and
delivers structured platforms that transform functions such as underwriting,
policy administration, premium accounting and claims. CGI also manages non-core
yet critical back-office functions on clients’ behalf, allowing them to achieve
optimal business performance.
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 24,500 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 fiscal 2006 revenue was $3.5 billion (US$3.1 billion)
and at September 30, 2006, CGI's order backlog was $12.7 billion (US$11.4
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.
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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
Philippe
Beauregard
Director, Public Affairs
philippe.beauregard@cgi.com
(514)
841-3218
