ICICI Bank Canada Selects CGI for Five-Year Contract
24 Setembro 2009 - 9:30AM
PR Newswire (US)
Stock Market Symbols GIB.A (TSX) GIB (NYSE) TORONTO, Sept. 24
/PRNewswire-FirstCall/ -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a
leading provider of information technology and business process
services, announced today the signing of a five-year contract
whereby CGI will maintain ICICI Bank Canada's High Interest
Investment Saving Account on CGI's PrimeSuite recordkeeping
platform. PrimeSuite, a comprehensive set of enterprise strength
software products will allow brokers and dealers to access and sell
the High Interest Investment Savings Account through the FundSERV
utility. "CGI approached us with a comprehensive suite of wealth
management solutions which are not only cost efficient, but
flexible enough to evolve with the industry and keep pace with our
growth objectives. We are pleased to begin building our
relationship with CGI." said Rajesh Ramakrishnan, Vice President,
Retail Banking Operations, ICICI Bank Canada. "ICICI Bank Canada
has built upon the solid reputation of its parent company, ICICI
Bank Limited, India's largest private sector bank," said Jamie
Holland, Senior Vice-President, Greater Toronto Area, CGI. "We are
pleased to partner with ICICI Bank Canada and are glad that they
rely on us to improve efficiency, reduce complexity and ensure
compliance." For more than 30 years, CGI has provided IT, business
process and managed services to financial institutions around the
world, including 24 of the top 25 banks in the Americas and 17 of
the top 25 European banks. CGI banking-focused solutions include
core banking, wealth management, trade finance, business
intelligence/data warehousing and customer relationship management.
About CGI Founded in 1976, CGI is one of the largest independent
information technology and business process services firms in the
world. CGI and its affiliated companies employ approximately 26,000
professionals in over 100 offices across 16 countries. CGI provides
end-to-end IT and business process services to clients worldwide
from offices in Canada, the United States of America, Europe, Asia
Pacific as well as from centers of excellence in North America,
Europe and India. CGI's annualized revenue run rate is currently
$3.8 billion and as at June 30, 2009, its order backlog was $11.8
billion. CGI's shares are listed on the TSX (GIB.A) and the NYSE
(GIB) and are included in the S P/TSX Composite Index as well as
the S P/TSX Capped Information Technology and MidCap Indices.
Website: http://www.cgi.com/. About ICICI Bank ICICI Bank Canada, a
wholly-owned subsidiary of ICICI Bank Limited (NYSE:IBN), is a
full-service direct bank with an asset base of C$6.3 billion as of
June 30, 2009, offering a comprehensive suite of personal,
commercial and cross-border banking products and services. The Bank
is supported by a state-of-the-art electronic banking platform
(icicibank.ca), a 24-hour toll-free customer contact centre and
proprietary ABMs. It has established its branch network in the
Greater Toronto Area, Greater Vancouver Regional District and
Alberta. The parent company, ICICI Bank Limited, is India's largest
private sector bank as measured by asset base. Forward-Looking
Statements All statements in this press release that do not
directly and exclusively relate to historical facts constitute
"forward-looking statements" within the meaning of that term in
Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange
Act of 1934, as amended, and are "forward-looking information"
within the meaning of sections 138.3 and following of the Ontario
Securities Act. These statements and this information represent
CGI's intentions, plans, expectations and beliefs, and are subject
to risks, uncertainties and other factors, of which many are beyond
the control of the Company. These factors could cause actual
results to differ materially from such forward-looking statements
or forward-looking information. These factors include and are not
restricted to the timing and size of new contracts, acquisitions
and other corporate developments; the ability to attract and retain
qualified members; market competition in the rapidly-evolving IT
industry; general economic and business conditions, foreign
exchange and other risks identified in the MD A, in CGI's Annual
Report on Form 40-F filed with the U.S. Securities and Exchange
Commission (filed on EDGAR at http://www.sec.gov/), the Company's
Annual Information Form filed with the Canadian securities
authorities (filed on SEDAR at http://www.sedar.com/), as well as
assumptions regarding the foregoing. The words "believe,"
"estimate," "expect," "intend," "anticipate," "foresee," "plan,"
and similar expressions and variations thereof, identify certain of
such forward-looking statements or forward-looking information,
which speak only as of the date on which they are made. In
particular, statements relating to future performance are
forward-looking statements and forward-looking information. CGI
disclaims any intention or obligation to publicly update or revise
any forward-looking statements or forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable law. Readers are cautioned not to
place undue reliance on these forward-looking statements or on this
forward-looking information. You will find more information about
the risks that could cause our actual results to significantly
differ from our current expectations in the Risks and Uncertainties
section. DATASOURCE: CGI GROUP INC. CONTACT: Investors: Lorne
Gorber, Vice-President, Global Communications and Investor
Relations, (514) 841-3355,
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