CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, today announced DIRECTV’s successful upgrade to CGI’s CACS Enterprise, version 8.2. CACS is a component of CGI Collections360®, a comprehensive managed service for default management. Release 8.2 of CGI’s collections and recovery solution includes dynamic scripting that will guide collectors through the customer interview process, reducing the training time needed for new collectors and facilitating more consistent customer treatment.
“Since we began working with CGI, we have realized a significant reduction in involuntary churn,” said John Murphy, Senior Vice-President, DIRECTV. “The upgrade to CACS Enterprise version 8.2 will further improve our ability to understand and serve our customers by giving us access to additional functionality and capabilities required to adapt and stay competitive as the industry changes.”
“CGI has hosted and managed CACS in its data center for DIRECTV since 2008,” said Jeff Miller, Vice-President, Financial Solutions, CGI. “The fully managed solution made it possible to quickly upgrade DIRECTV to release 8.2 and it gives them more control over their collections operation. With CACS Enterprise, DIRECTV can provide better customer service that leads to more satisfied, long-term customers who consistently pay on their accounts.”
For over 35 years, CGI has provided IT, business process and managed services to financial institutions around the world, including 23 of the top 25 banks in the Americas and 16 of the top 25 European banks. Our array of cloud-based, managed services for originations, third party services management, collections, and trade services is proven to increase efficiencies, enhance service and help financial institutions exceed their performance and strategic goals. CGI also offers multiple deployment configurations and customization options to meet each client’s unique needs.
About CGI Collections360
CGI’s collections solutions and services have been used in 6 of the top 10 U.S. banks and more than 300 organizations around the world. CGI Collections360, powered by CACS®, is an end-to-end default management solution that integrates the components of a high performance collections operation, including software, business processes, underlying IT and strategic planning to significantly reduce cost, net bad debt and risk. All stages of collections are addressed including early stage, loss mitigation, third party management, recovery and recovery accounting. Collections360 is delivered as a cloud-based, managed service; however, CGI offers multiple deployment configurations and customization options to meet each client’s unique debt recovery challenges and operational needs.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI provides end-to-end services with approximately 31,000 professionals located in offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, 2012, CGI's annualized revenue was approximately $4.3 billion and its order backlog was approximately $13.1 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
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Vice-President, US Communications