Disciplined strategy execution critical to
realizing current and future market opportunities
Stock Market Symbols
GIB.A (TSX)
GIB
(NYSE)
http://www.cgi.com/newsroom
MONTRÉAL, Oct. 12, 2015 /CNW
Telbec/ - CGI (TSX: GIB.A) (NYSE: GIB) today launched a set of
offerings designed to help banks leaders navigate technology
investments in the dynamic, highly competitive, but increasingly
important field of transaction banking. These offerings include a
comprehensive Global Transaction Banking (GTB) vision paper, an
online self-assessment tool, and a new GTB web section to help
clients develop concrete GTB roadmaps that align with their
strategic priorities and drive growth.
"Transaction banking is transforming, with clients and
competition driving the rapid pace of change," said Penny Hembrow, Vice-President and Global Lead,
Financial Services, CGI. "Piecemeal IT investment to 'run the bank'
will no longer enable strategic priorities to be met. To realize
growth in this dynamic marketplace, business and IT leaders need to
invest in transformational change to establish a concrete roadmap
of service innovation, enhanced digital client servicing and highly
efficient straight through processing. Navigating through
these often contradicting priorities is critical to achieving
improved return on equity."
Although the opportunities in transaction banking are promising,
CGI notes that, historically, there has been under investment in
this line of business, resulting in low straight through processing
rates and outdated, disjointed and costly services.
To succeed in this marketplace, leading banks are investing in
strategies that:
- Address the market's escalating expectations for transaction
services
- Leverage the heightened performance benefits of standardization
and technology-driven innovation
- Modernize legacy infrastructures to drive cost savings
Based on the Banking International Architecture Network (BIAN)
standards, CGI has developed an enterprise view of a transaction
bank that allows business and IT leaders to discuss, challenge and
align IT investments.
"CGI outlines GTB strategies and their appropriateness based on
a bank's objectives and funding. We also describe the capabilities
that have been proven, based on our extensive experience, to be
critical in running an efficient, streamlined and profit-driving
transaction banking line of business," said Penny. "The future of
transaction banking holds great promise and the time is now for
making the right investments to build and grow a successful
transaction banking business."
Read CGI's GTB vision report and complete the self-assessment
survey.
CGI is a recognized IT leader in the financial services
industry, with more than 16,000 finance professionals working with
clients across 5 continents, including 23 of the top 25 banks in
the Americas and 21 of the top 25 banks in Europe.
CGI can be found at stand L19 during Sibos at the
Marina Bay Sands Convention Centre in Singapore
About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent
information technology and business process services firm in the
world. Approximately 68,000 professionals serve thousands of global
clients from offices and delivery centers across the Americas,
Europe and Asia Pacific, leveraging a comprehensive
portfolio of services, including high-end business and IT
consulting, systems integration, application development and
maintenance, infrastructure management, as well as a wide range of
proprietary solutions. With annual revenue in excess of
C$10 billion and an order backlog of
approximately C$20 billion, CGI
shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website:
www.cgi.com.
SOURCE CGI Group Inc.