TD Bank Group has engaged CGI (TSX: GIB.A) (NYSE: GIB) to lead the installation of its new Wealth Management software platform.
Under the terms of the agreement, CGI will orchestrate the consolidation of the software systems serving TD's Wealth clients onto a single, integrated platform using CGI's Wealth360 Portfolio Management solution. This comprehensive, fully-integrated suite of products will enhance TD's existing goal-based approach to client portfolio construction and sophisticated investment management, while also streamlining the customer onboarding process.
"As a customer-centric bank, we are guided by two commitments – to innovate with purpose and execute with speed. Working with CGI on this initiative allows us to quickly evolve our technology environment to better deliver against rapidly evolving client needs and expectations with a company that also demonstrates knowledge and understanding of our business," said Leo Salom, Group Head, Wealth Management and TD Insurance, TD Bank Group.
"This agreement demonstrates TD's ongoing confidence in our ability to deliver quality, availability and functionality. We look forward to collaborating in support of this transformative and innovative initiative," said CGI's Mark Boyajian, President, Canada Operations.
Founded in 1976, CGI is among the largest independent IT and business consulting services firm in the world. With 73,000 professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from IT and business consulting to systems integration, outsourcing services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With annual revenue of C$10.8 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
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