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CGI enhances All Payments solution to help clients move to real-time payments while reducing costs

Fairfax, Virginia, May 3, 2018 -  

Fairfax, Virginia, April 29, 2018 - CGI (NYSE: GIB) (TSX: GIB.A) today announced the release of an enhanced version of its All Payments solution to better support financial institutions in their move toward real-time payments while helping them to reduce costs. The latest release, available in a CGI-hosted cloud environment, supports SWIFT global payment innovation (gpi) and includes a high performance, real-time payments engine that integrates with global instant payment networks, including Europe’s Single Euro Payments Area Instant Credit Transfer Scheme (SEPA SCT Inst), Australia’s New Payments Platform (NPP), and U.S.-based The Clearing House (TCH). All Payments is available as a hub or in stand-alone configurations.

“We enhanced All Payments to help banks and payment service providers across the globe transform their payment infrastructures in line with the fast-evolving payments landscape,” said Kevin Poe, Vice-President of CGI’s Financial and Insurance Solutions Group. “All Payments helps clients adopt real-time payments (RTP) quickly and at lower cost by moving the payment engine/hub to a hosted cloud environment. All Payments also supports banks as they modernize their entire payments ecosystem—from adding RTP capabilities to replacing legacy ACH and wire applications. We provide clients with a high performance, flexible solution that balances speed and reliability while minimizing the impact on existing bank payment infrastructures and core banking systems.”

CGI has been a leading provider of payment services and solutions for more than four decades. Our capabilities cover the entire payments value chain—from central market infrastructure design and implementation, to credit card and other consumer payment solutions, to payment systems modernization, to real-time payment infrastructure adoption.

Our experts work with leading financial institutions worldwide to design, build, implement and integrate a wide range of payment solutions customized for their unique business requirements. In addition, our client proximity business model, combined with our global delivery network, ensure clients receive the best local support backed by extensive global resources, ensuring high quality solutions and on time, within budget delivery.

About CGI

Founded in 1976, CGI is the fifth largest independent IT and business consulting services firm in the world. With approximately 72,500 professionals worldwide, CGI delivers an end-to-end portfolio of high-end IT and business consulting services, systems integration and IT and business process outsourcing services. CGI's client proximity model, best-fit global delivery network, and intellectual property solutions help clients accelerate results and digitally transform their organizations. With annual revenue of C$10.8 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: cgi.com.

For more information:

Media
Alison Hallett
Vice-President, U.S. Marketing Communications
alison.hallett@cgi.com
703-267-5915