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First bank headquartered in Europe to implement CGI's end-to-end trade
solution
STOCKHOLM, Sweden, June 1, 2017 /CNW Telbec/ - CGI (NYSE: GIB) (TSX:
GIB.A) has signed an agreement with SEB, a leading Nordic financial
services group, for the implementation and support of its CGI
Trade360 solution. Through the partnership, SEB will benefit from
CGI's global expertise in trade finance and emerging digital
technologies, such as blockchain.
Present in approximately 20 countries worldwide, SEB is a
leading Nordic financial services group. In Sweden and the Baltic countries, SEB offers financial advice
and a wide range of financial services. In Denmark, Finland, Norway and Germany, the bank's operations have a strong
focus on corporate and investment banking based on a full-service
offering to corporate and institutional clients.
The CGI Trade360 solution is a global cloud-based transaction
platform that supports financial institutions' transformation,
delivering all of the software, infrastructure and support
resources necessary to power their global trade business needs. The
system includes a portal for end-to-end transaction management,
supporting all aspects of the clients' workflow, including
regulatory compliance. CGI Trade360 has a proven track record in
the North American, Asia PAC and European markets, supporting some
of the largest trade banks in the world. SEB is the first bank
headquartered in Europe that will
implement the solution.
"The greatest advantage of CGI Trade360 is that it will provide
our clients with a comprehensive workflow solution. It also gives
us the potential to expand our trade finance offering," said
Robert Pehrson, Head of Product
Management at SEB Transaction Services.
"We are excited to introduce CGI Trade360 to the European
market. We work with 22 out of 30 top banks globally and are an
industry leader in the global trade finance area. This experience,
combined with regulatory compliance capabilities, paves the way for
more banks to take advantage of our leading digital trade
platform," said Pär Fors, Senior Vice-President and Business Unit
Leader for CGI's operations in Sweden.
About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent
information technology and business process services firm in the
world. Approximately 70,000 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, and infrastructure management, as well as 150 IP-based
services and solutions. With annual revenue in excess of
C$10 billion and an order backlog
exceeding C$20 billion, CGI shares
are listed on the TSX (GIB.A) and the NYSE (GIB). Website:
www.cgi.com.
SOURCE CGI Group Inc.