CGI addresses the increasing challenges global
banks face in meeting demands of instant payments in today's
digital world with cloud-powered solutions
TORONTO, Oct. 17, 2017 /PRNewswire/ - CGI (TSX:
GIB.A) (NYSE: GIB) announced that its BESS All Payments solutions
and HotScan risk screening product suite are now available on
Microsoft Azure.
CGI's BESS All Payments global payment hub and engine solution
is delivered as a modular and highly scalable technology. Its
newest capability, Single Euro Payment Area (SEPA) Instant Payments
offering, is benchmarked on Azure at speeds of up to 8,000 SEPA
Instant Credit Transfer (SCT Inst) payments per second and is fully
compliant with SEPA standards. BESS All Payments enables financial
institutions around the world to transform their payments
infrastructure as the payments landscape continues to evolve.
"With the upcoming payment advances in Europe and the U.S., banking customers expect
to make and receive payments instantly," said Cheryl Gurz, Director of CGI's Payments
Solutions. "As the volume of these transactions expands, banks need
configurable, flexible payment solutions. Using CGI's BESS All
Payments solution on the Microsoft Azure cloud, banks and financial
institutions can meet their customers' service expectations, comply
with regulatory mandates, and lower the cost of payment system
ownership and service."
CGI's HotScan, an extension of CGI's payment platforms focused
on watch list filtering, is also now available on Azure. HotScan
continues to be a class-leading solution in the fight against
financial crime. That heritage will carry forward into the
cloud-based solution to help better prepare clients comply with
today's expanding regulatory obligations. HotScan is installed in
30 countries and filters over 60% of the total value of currencies
traded globally.
"We're thrilled CGI has selected Microsoft Azure to help drive
innovation in payments technology and combat financial crime," said
Janet Lewis, vice president of
Worldwide Financial Services at Microsoft. "With Azure, CGI and its
top tier banking customers will realize the scale, speed and
economic benefits the cloud provides, underscored by Microsoft's
investments in security, transparency and regulatory
compliance."
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, infrastructure management as well as 150 IP-based
services and 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.