Aankondiging • May 24
Cgi Expands Governed Ai Capabilities for Government CGI Inc. announced expanded artificial intelligence (AI) capabilities within CGI Advantage, its enterprise resource planning (ERP) platform purpose-built for state and local government. These enhancements embed AI directly into core business processes and system workflows, enabling agencies to improve efficiency, strengthen decision-making, and modernize operations while maintaining the transparency, control, and accountability that governments require. CGI Advantage integrates AI natively within ERP processes across finance, human resources, procurement, and operations. Platform users can access AI-driven guidance, insights, and automation within the context of their day-to-day work, without introducing separate systems or disconnected experiences. The latest CGI Advantage AI capabilities enhance how users interact with complex ERP processes and include context-aware assistance and guidance, natural language access to knowledge and processes, AI-powered summaries and decision support, intelligent recommendations and proactive insights, and agentic AI workflow support. These capabilities are designed to support users with guidance, insights, and recommendations, while ensuring people remain in control of decisions, approvals, and outcomes across every step in the process. AI capabilities within CGI Advantage are governed through built-in controls that allow agencies to enable features intentionally and manage how they are used. AI functionality is configurable, role-based and auditable, with transparency into how data is used and how outputs are generated. This ensures agencies retain full control over adoption while meeting regulatory, security and policy requirements. CGI has also applied this governance-first approach internally, using AI across its own development and operations lifecycle to improve quality, speed, and consistency. Through its expanded Global Alliance partnership network, CGI is further advancing this approach by embedding AI capabilities, such as Codex, across its workflows, with the governance, security, and controls required for enterprise environments. Declared Dividend • May 01
Second quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 15th May 2026 Payment date: 19th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 7%. Reported Earnings • Apr 30
Second quarter 2026 earnings released: EPS: CA$2.10 (vs CA$1.92 in 2Q 2025) Second quarter 2026 results: EPS: CA$2.10 (up from CA$1.92 in 2Q 2025). Revenue: CA$4.16b (up 3.3% from 2Q 2025). Net income: CA$444.7m (up 3.5% from 2Q 2025). Profit margin: 11% (in line with 2Q 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Apr 29
CGI Inc. Approves Quarterly Cash Dividend, Payable on June 19, 2026 On April 28, 2026, the Board of Directors of CGI Inc. approved a quarterly cash dividend of CAD 0.17 per share. This dividend is payable to holders of Class A subordinate voting shares and Class B shares (multiple voting) on June 19, 2026, to shareholders of record as of the close of business on May 15, 2026. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CA$87.25, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the IT industry in the United Kingdom. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$150 per share. Aankondiging • Apr 28
CGI Inc. Launches High-Security Sovereign AI Platform In Finland CGI has launched a high-security sovereign AI and data services platform in Finland. The service provides an KATAKRI-compliant (National Security Auditing Criteria) environment enabling organizations to develop and operate AI applications in a secure and compliant environment. CGI's new high-security sovereign AI platform offers a deployment model delivered from a Finland-based data center, supporting enterprise and public sector clients that require the highest levels of security aligned with KATAKRI standards and control over their data and workloads, while enabling scalable adoption. The platform is delivered from CGI's high-security hybrid service, one of the few data centers certified against Finland's national KATAKRI security audit criteria, which assesses information, physical, and administrative security for environments handling classified and other sensitive workloads. It supports the secure deployment of modern AI applications, enabling multiple large language models, seamless integration with existing systems via an OpenAI-compatible API, and a standardized delivery model that provides cost efficiency and predictability for enterprise-scale use. CGI helps clients assess different AI implementation options and select the most suitable approach for each use case. CGI's sovereign AI platform complements this by enabling organizations to operate data and AI applications within CGI's data centers in Finland, under client governance and control, in a KATAKRI-certified setting. Generative AI offers significant potential for innovation and efficiency, and organizations are currently evaluating different ways to integrate AI into their overall architecture. CGI's high-security AI platform provides a trusted alternative to public cloud and hybrid solutions, enabling clients to adopt AI quickly and securely while maintaining strong control over their data and environment. Aankondiging • Apr 25
CGI Inc. Implements Multi-Agent AI Solution For SOK Finance CGI Inc. has implemented a multi-agent AI solution built on AWS Bedrock for SOK Finance to bring AI into production use in financial administration and customer service. The solution significantly accelerates processes such as invoice copy requests and due date changes, improving efficiency and consistency compared with previous manual handling. The solution was deployed in SOK Finance's Palveluässä service center, which provides financial management and payroll services for the S Group, a customer-owned Finnish network of retail and service companies with approximately 2,000 outlets. While many organizations are still piloting AI solutions, the collaboration between SOK Finance and CGI has moved this solution into production use, demonstrating how AI can deliver value in day-to-day financial service operations. In this solution, AI agents process incoming customer service messages, retrieve required data from backend systems and automatically execute parts of the process. This improves workflow consistency and efficiency. CGI was responsible for the design, implementation and deployment of the solution, as well as its integration with SOK Finance's key systems. Many AI initiatives remain at the pilot stage, but real business value is achieved when solutions become part of everyday operations. SOK Finance has been a frontrunner in this respect: the multi-agent solution built on AWS Bedrock was successfully deployed into production, demonstrating how AI can be applied in a practical way to strengthen financial administration customer service. Aankondiging • Apr 01
CGI Inc. Launches New AI Capabilities In CGI Credit Studio CGI Inc. announced the launch of new AI capabilities within CGI Credit Studio, its cloud-native platform for default management. The embedded AI agents are designed to help collections organizations improve recovery performance, increase operational efficiency, and maintain compliance in highly regulated environments. CGI's approach integrates AI directly into day-to-day collections workflows and enables organizations to deploy targeted use cases quickly, measure outcomes, and scale with confidence. The latest CGI Credit Studio AI capabilities are purpose-built to support collectors and include: Call Summarization — Up to 30% reduction in after-call effort, enabling greater focus on customer engagement while strengthening quality assurance and coaching. 'Ask Cleo' (AI Knowledge Assistant) — Enables collectors to ask questions in natural language and instantly access approved account context, policies, and process guidance, which can result in up to a 20% improvement in agent productivity. Agent Assist — Planned capability that will deliver real-time prompts and guided next steps to support disclosures, hardship programs, objection handling, and payment plan discussions. The expected results include up to 20% improvement in promise-to-pay conversion and up to 20% reduction in agent attrition. Together, these capabilities increase capacity and consistency across collections operations and help organizations drive stronger recoveries, improve documentation quality and execute more efficiently across the collections life cycle. CGI's AI capabilities are purpose-built for the collections environment and aligned to clients' governance, risk, and compliance frameworks. All AI-driven insights and recommendations are delivered within the platform, supporting a human-in-the-loop (HITL) approach where collectors and leaders retain control and oversight. This approach enables audit-ready documentation, improves transparency, and helps organizations confidently scale AI adoption. CGI Credit Studio is a cloud-native, AI-enabled platform that helps organizations improve recovery performance while enhancing operational efficiency and customer experience. The platform supports the full default management life cycle, from pre-collections through recovery. Upcoming Dividend • Feb 14
Upcoming dividend of CA$0.17 per share Eligible shareholders must have bought the stock before 18 February 2026. Payment date: 20 March 2026. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (3.5%). Aankondiging • Feb 05
CGI Inc. to Report Q2, 2026 Results on Apr 29, 2026 CGI Inc. announced that they will report Q2, 2026 results on Apr 29, 2026 Aankondiging • Feb 04
CGI Inc. (TSX : GIB.A) entered into an agreement to acquire Stratfield Consulting. CGI Inc. (TSX : GIB.A) entered into an agreement to acquire Stratfield Consulting on February 4, 2026.
The transaction is expected to be completed in February 2026, subject to customary closing conditions. Aankondiging • Feb 03
CGI Appoints Gopal Chhetri to Lead Its Global Capability Centers Business CGI has appointed Gopal Chhetri, Senior Vice-President, Asia Pacific Global Delivery Centers of Excellence, to lead CGI's Global Capability Centers (GCCs) business. Gopal will lead CGI's AI-first GCC strategy, helping scale delivery and transformation capabilities for clients and strengthening India's role in CGI's global delivery ecosystem. As GCCs move beyond scale to become strategic engines for innovation, modernization, and resilience, CGI is strengthening its capabilities to help clients embed GCCs at the core of their enterprise agenda, aligned to strategic priorities and accountable for measurable business outcomes. Gopal's appointment reinforces CGI's focus on client proximity and its commitment to enabling clients to set up, scale, and transform their GCCs, leveraging its global delivery model and decades of experience to create sustained value from their investments. As the GCC leader, Gopal will focus on expanding CGI's GCC business, and scaling capabilities across digital engineering, cloud, and AI, as well as talent development, leadership pipelines, collaboration and market-ready delivery blueprints. With over 25 years of industry experience, Gopal's appointment strengthens its ability to help the clients move from process efficiency to measurable business outcomes, including improved customer experience and business performance. Declared Dividend • Jan 30
First quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 18th February 2026 Payment date: 20th March 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 7%. Reported Earnings • Jan 29
First quarter 2026 earnings released: EPS: CA$2.05 (vs CA$1.95 in 1Q 2025) First quarter 2026 results: EPS: CA$2.05 (up from CA$1.95 in 1Q 2025). Revenue: CA$4.08b (up 7.7% from 1Q 2025). Net income: CA$442.0m (flat on 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Buy Or Sell Opportunity • Jan 28
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to CA$115. The fair value is estimated to be CA$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Aankondiging • Jan 28
Cgi Inc. Approves Quarterly Cash Dividend, Payable on March 20, 2026 On January 27, 2026, The Board of Directors of CGI Inc. approved a quarterly cash dividend of $0.17 per share. This dividend is payable to holders of Class A subordinate voting shares and Class B shares (multiple voting) on March 20, 2026, to shareholders of record as of the close of business on February 18, 2026. The dividend is designated as an 'eligible dividend' for Canadian tax purposes. Buy Or Sell Opportunity • Jan 05
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at CA$128. The fair value is estimated to be CA$161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period. Aankondiging • Dec 09
San Diego County Modernizes Budgeting with Cloud-Based Cgi Advantage CGI Technologies and Solutions Inc. announced that San Diego County, California has launched the CGI Advantage cloud-based Performance Budgeting solution. This upgrade builds on the County's existing system that leverages CGI Advantage Insight, TestSavvy, and CGI Advantage Academy to deliver a robust and secure end-to-end budgeting platform that aligns with the County's strategic priorities. The County's move from an on-premises system to CGI Advantage in the cloud represents a key milestone in its broader modernization strategy. The transition simplifies updates and feature modifications, with the aim of enhancing the user experience. The upgrade also reduces operational costs, improves system functionality, and strengthens the County's security and compliance posture. Key benefits of the transition include migration to a SaaS model leveraging the new analytics-first paradigm of CGI Advantage, enabling County analysts to access critical information in real time. As part of the initiative, CGI is also helping the County convert legacy reports to CGI Advantage Insight, a step that will modernize reporting and improve decision-making. Enhanced user support will be provided through the CGI Advantage Academy, ensuring that employees can fully utilize the platform's capabilities, while automated testing via TestSavvy will streamline the update process and enhance system reliability. The CGI Advantage platform, widely recognized for its flexibility and security, enables the County to achieve a seamless and efficient budgeting process that supports operational excellence and enhances public service delivery. Aankondiging • Dec 03
CGI Inc. (TSX:GIB.A) acquired Online Business Systems, Inc. CGI Inc. (TSX:GIB.A) acquired Online Business Systems, Inc. on December 3, 2025.
CGI Inc. (TSX:GIB.A) completed the acquisition of Online Business Systems, Inc. on December 3, 2025. Aankondiging • Nov 10
CGI Inc., Annual General Meeting, Jan 28, 2026 CGI Inc., Annual General Meeting, Jan 28, 2026. Declared Dividend • Nov 08
Fourth quarter dividend increased to CA$0.17 Dividend of CA$0.17 is 13% higher than last year. Ex-date: 21st November 2025 Payment date: 19th December 2025 Dividend yield will be 0.5%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%. Reported Earnings • Nov 07
Full year 2025 earnings released: EPS: CA$7.45 (vs CA$7.42 in FY 2024) Full year 2025 results: EPS: CA$7.45. Revenue: CA$15.9b (up 8.4% from FY 2024). Net income: CA$1.66b (down 2.0% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the IT industry in the United Kingdom. Aankondiging • Nov 06
CGI Inc. Approves Quarterly Cash Dividend on Class A Subordinate Voting Shares and Class B Shares, Payable on December 19, 2025 On November 4, 2025, the Board of Directors of CGI Inc. approved a quarterly cash dividend of $0.17 per share, a 13% increase. This dividend is payable to holders of Class A subordinate voting shares and Class B shares (multiple voting) on December 19, 2025 to shareholders of record as of the close of business on November 21, 2025. Aankondiging • Oct 13
CGI Inc. to Report Q1, 2026 Results on Jan 28, 2026 CGI Inc. announced that they will report Q1, 2026 results on Jan 28, 2026 Aankondiging • Sep 24
CGI Inc. to Report Q4, 2025 Results on Nov 05, 2025 CGI Inc. announced that they will report Q4, 2025 results on Nov 05, 2025 Aankondiging • Aug 29
CGI Inc. (TSX:GIB.A) completed the acquisition of APSIDE SA from Groupe Siparex, Crédit Agricole Group and others. CGI Inc. (TSX:GIB.A) signed exclusivity agreement to acquire APSIDE SA from Groupe Siparex, Crédit Agricole Group and others on March 28, 2025.
The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in June 2025. Kate Romain, Karine Angel, Caroline Combes, Jean-Baptiste Frantz, Yelena Trifounovitch and Guillaume Léonard of Bredin Prat & Associes acted as legal advisor to CGI Inc. (TSX:GIB.A).
CGI Inc. (TSX:GIB.A) completed the acquisition of APSIDE SA from Groupe Siparex, Crédit Agricole Group and others on August 28, 2025. Upcoming Dividend • Aug 08
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 15 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (3.4%). Reported Earnings • Aug 05
Third quarter 2025 earnings released: EPS: CA$1.84 (vs CA$1.94 in 3Q 2024) Third quarter 2025 results: EPS: CA$1.84 (down from CA$1.94 in 3Q 2024). Revenue: CA$4.09b (up 11% from 3Q 2024). Net income: CA$408.6m (down 7.2% from 3Q 2024). Profit margin: 10.0% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Aankondiging • Jul 30
CGI Inc. Declares Quarterly Dividend, Payable on September 19, 2025 On July 29, 2025, CGI Inc. approved a quarterly cash dividend for holders of Class A subordinate voting shares and Class B shares (multiple voting) of CAD 0.15 per share. This dividend is payable on September 19, 2025 to shareholders of record as of the close of business on August 15, 2025. Aankondiging • Jul 23
CGI Inc. to Report Q3, 2025 Results on Jul 30, 2025 CGI Inc. announced that they will report Q3, 2025 results Pre-Market on Jul 30, 2025 Recent Insider Transactions • May 11
Independent Lead Director recently bought CA$1.2m worth of stock On the 6th of May, George Cope bought around 8k shares on-market at roughly CA$144 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$3.2m more in shares than they bought in the last 12 months. Upcoming Dividend • May 10
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 16 May 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 3.9% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (3.1%). Reported Earnings • May 02
Second quarter 2025 earnings released: EPS: CA$1.92 (vs CA$1.86 in 2Q 2024) Second quarter 2025 results: EPS: CA$1.92 (up from CA$1.86 in 2Q 2024). Revenue: CA$4.02b (up 7.6% from 2Q 2024). Net income: CA$429.7m (flat on 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Aankondiging • May 01
CGI Inc. announces Quarterly dividend, payable on June 20, 2025 CGI Inc. announced Quarterly dividend of CAD 0.1500 per share payable on June 20, 2025, ex-date on May 16, 2025 and record date on May 16, 2025. Aankondiging • Apr 23
CGI Inc. to Report Q2, 2025 Results on Apr 30, 2025 CGI Inc. announced that they will report Q2, 2025 results Pre-Market on Apr 30, 2025 Aankondiging • Apr 17
CGI Advantage® first ERP solution to achieve GovRAMP Authorized status CGI announced that its CGI Advantage®Enterprise Resource Planning (ERP) solution has obtained GovRAMP Authorized status. As the first and only ERP solution to receive this designation, GovRAMP-authorized CGI Advantage offers a simplified, independent, and trusted solution that ensures government systems meet the most rigorous security standards. The State of Arizona served as the government sponsor for this important GovRAMP authorization, providing essential support in ensuring that CGI Advantage ERP complies with the highest standards for cybersecurity. GovRAMP certification simplifies security verification for public sector organizations by providing a common and robust method for validating cloud security providers. With this designation, CGI Advantage ERP aims to ensure that government agencies can confidently meet evolving regulatory requirements while safeguarding sensitive data such as Personally Identifiable Information (PII), Protected Health Information (PHI), and Payment Card Industry (PCI) data. With the key benefit of simplified security assurance, GovRAMP certification provides government clients with independent validation that CGI Advantage ERP complies with security standards established by the National Institute of Standards and Technology (NIST) while offering streamlined compliance and data security. CGI Advantage ERP has long been a pioneer in public sector solutions, achieving several firsts: the first ERP designed specifically for government; the first ERP to be deployed in both FedRAMP and GovRAMP Authorized environments; and now, the first ERP to achieve GovRAMP Authorized status. These accomplishments solidify CGI's commitment to setting new benchmarks in delivering secure, innovative technology outcomes for the public sector. Aankondiging • Apr 01
CGI Inc. (TSX:GIB.A) signed exclusivity agreement to acquire APSIDE SA from Groupe Siparex, Crédit Agricole Group and others. CGI Inc. (TSX:GIB.A) signed exclusivity agreement to acquire APSIDE SA from Groupe Siparex, Crédit Agricole Group and others on March 28, 2025.
The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in June 2025. Aankondiging • Mar 31
Ventura County Successfully Launches CGI Advantage Cloud-Based Financial Management System CGI Inc. announced the upgrade of Ventura County Financial Management System (VCFMS), with a transition to the CGI Advantage Cloud - marking a significant milestone in the County's journey toward enhanced operational efficiency and resiliency. For nearly 30 years, CGI has been a trusted partner of Ventura County, supporting the implementation and evolution of its financial systems. This latest upgrade advances the County's VCFMS by enabling CGI Advantage Financial and Vendor Self-Service (VSS) applications with the CGI Advantage Insight reporting tool. The move to a cloud-based platform underscores the County's commitment to staying at the forefront of technology while maintaining operational continuity and user familiarity. Ventura County is seeking to modernize its financial management system to address the growing need for seamless disaster recovery solutions, improved operational agility, and continuous software updates without the need for disruptive upgrades. Integrated reporting within the system eliminates the need for additional solutions, providing a cohesive experience for County staff and simplifying data-driven decision-making. Aankondiging • Mar 26
CGI Inc. (TSX:GIB.A) acquired Momentum Technologies. CGI Inc. (TSX:GIB.A) acquired Momentum Technologies on March 25, 2025. More than 250 highly skilled consultants and professionals will join CGI Inc.
CGI Inc. (TSX:GIB.A) completed the acquisition of Momentum Technologies on March 25, 2025. Aankondiging • Feb 27
CGI Inc. (TSX:GIB.A) completed the acquisition of BJSS Ltd. CGI Inc. (TSX:GIB.A) signed a share purchase agreement to acquire BJSS Ltd on January 29, 2025. Upon successful completion of the acquisition, CGI will have operations across 26 locations in the UK, enabling our consultants to partner with clients through a proximity-based model, while drawing on the support of the company's broad international presence and wide range of services to deliver value. CGI’s move for BJSS will take the technology consultancy’s British headcount to almost 9,000 experts. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in February 2025.
CGI Inc. (TSX:GIB.A) completed the acquisition of BJSS Ltd on February 25, 2025. Recent Insider Transactions • Feb 15
Insider recently sold CA$2.6m worth of stock On the 11th of February, Benoit Dubé sold around 15k shares on-market at roughly CA$172 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$7.3m more than they bought in the last 12 months. Upcoming Dividend • Feb 07
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 14 February 2025. Payment date: 21 March 2025. Payout ratio is a comfortable 2.0% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.4%). Aankondiging • Jan 30
CGI Inc. (TSX:GIB.A) signed a share purchase agreement to acquire BJSS Ltd. CGI Inc. (TSX:GIB.A) signed a share purchase agreement to acquire BJSS Ltd on January 29, 2025. Upon successful completion of the acquisition, CGI will have operations across 26 locations in the UK, enabling our consultants to partner with clients through a proximity-based model, while drawing on the support of the company's broad international presence and wide range of services to deliver value. CGI’s move for BJSS will take the technology consultancy’s British headcount to almost 9,000 experts. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in February 2025. Reported Earnings • Jan 30
First quarter 2025 earnings released: EPS: CA$1.95 (vs CA$1.69 in 1Q 2024) First quarter 2025 results: EPS: CA$1.95 (up from CA$1.69 in 1Q 2024). Revenue: CA$3.79b (up 5.1% from 1Q 2024). Net income: CA$438.6m (up 13% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Aankondiging • Jan 30
CGI Inc. Approves Quarterly Cash Dividend, Payable on March 21, 2025 On January 28, 2025, the CGI Inc.’s Board of Directors approved a quarterly cash dividend for holders of Class A Shares and Class B shares (multiple voting) of $0.15 per share. This dividend is payable on March 21, 2025 to shareholders of record as of the close of business on February 14, 2025. Aankondiging • Jan 29
CGI Inc. Announces Board Changes In line with the comprehensive succession strategies that CGI INC established several years ago, Julie Godin is appointed Executive Chair of the Board of Directors, effective following 29 January 2025's Annual General Meeting of Shareholders. In conjunction with Ms. Godin's appointment, CGI Founder Serge Godin will assume the role of Board Co-Chair and continue to focus on transformational acquisitions for CGI and on large-scale engagements with clients. Ms. Godin currently serves as Co-Chair of the Board and Executive Vice-President, Strategic Planning and Corporate Development. Over the past 15 years, she has incrementally assumed responsibility for leading a range of enterprise functions that serve to set and drive the company's long-term strategic direction and Build and Buy profitable growth strategy. These critical global functions span human resources including the design of CGI's executive compensation programs; strategic planning; mergers and acquisitions; business consulting; enterprise information technology; marketing and communications; cybersecurity and global business shared services. Ms. Godin also is responsible for the ongoing evolution of the CGI Management Foundation which encompasses the key elements that define and guide the management of the company's operations. Aankondiging • Jan 22
CGI Inc. to Report Q1, 2025 Results on Jan 29, 2025 CGI Inc. announced that they will report Q1, 2025 results Pre-Market on Jan 29, 2025 Aankondiging • Dec 12
CGI Inc. (TSX:GIB.A) agreed to acquire Daugherty Systems, Inc. CGI Inc. (TSX:GIB.A) agreed to acquire Daugherty Systems, Inc. on November 29, 2024. For the period ending December 31, 2023, Daugherty Systems, Inc. reported total revenue of $312 million. The transaction is expected to close in December 2024. Recent Insider Transactions • Nov 24
Insider recently sold CA$1.3m worth of stock On the 20th of November, Timothy Hurlebaus sold around 8k shares on-market at roughly CA$155 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$3.6m more than they bought in the last 12 months. Aankondiging • Nov 11
CGI Inc., Annual General Meeting, Jan 29, 2025 CGI Inc., Annual General Meeting, Jan 29, 2025. Aankondiging • Nov 07
CGI Inc. Approves Quarterly Cash Dividend for Holders of Class A Subordinate Voting Shares and Class B Shares, Payable on December 20, 2024 CGI Inc.'s Board of Directors approved a quarterly cash dividend for holders of Class A subordinate voting shares and Class B shares (multiple voting) of $0.15per share. This dividend is payable on December 20, 2024 to shareholders of record as of the close of business on November 20, 2024. The dividend is designated as an "eligible dividend" for Canadian tax purposes. Aankondiging • Oct 30
CGI Inc. to Report Q4, 2024 Results on Nov 06, 2024 CGI Inc. announced that they will report Q4, 2024 results Pre-Market on Nov 06, 2024 Aankondiging • Oct 26
CGI Announces the Launch of the Redesigned CGI ProperPay CGI announced the launch of the redesigned CGI ProperPay, a cloud-based solution designed to elevate payment and revenue integrity through advanced Artificial Intelligence (AI) capabilities. This integrated, transformational platform empowers healthcare payers and providers to streamline billing processes to ensure accurate claims processing from submission to payment. For over 30 years, CGI has strategically partnered with healthcare insurers and providers to ensure claims billing and payment accuracy. Leveraging CGI ProperPay and a team of industry experts, CGI's clients have recovered over USD 3 billion of improperly paid medical claims. CGI ProperPay is part of a holistic payment and revenue integrity solution that supports pre-submission, prepay, and post-pay reviews through a modular, plug-and-play approach. Healthcare insurers and providers that use the latest version of CGI ProperPay will benefit from increased automation and efficiencies in addition to more quickly identifying inaccurate medical claim coding and payments to preserve healthcare funds and revenue. Aankondiging • Sep 05
CGI Inc. announced that it expects to receive CAD 750 million in funding CGI Inc. announced a private placement of senior unsecured notes for the gross proceeds of CAD 750 million on September 3, 2024. The transaction consists of CAD 300 million aggregate principal amount of three-year notes and CAD 450 million aggregate principal amount of five-year notes. The three-year notes will bear interest at the rate of 3.987% per annum, and the five-year notes will bear interest at the rate of 4.147% per annum. The offering is expected to close on or about Sept. 5, 2024, subject to customary closing conditions. Recent Insider Transactions • Aug 28
Insider recently sold CA$1.4m worth of stock On the 22nd of August, Timothy Hurlebaus sold around 10k shares on-market at roughly CA$149 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.7m more than they bought in the last 12 months. Reported Earnings • Aug 01
Third quarter 2024 earnings released: EPS: CA$1.94 (vs CA$1.78 in 3Q 2023) Third quarter 2024 results: EPS: CA$1.94 (up from CA$1.78 in 3Q 2023). Revenue: CA$3.67b (up 1.3% from 3Q 2023). Net income: CA$440.1m (up 6.1% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Aankondiging • Jul 24
CGI Inc. to Report Q3, 2024 Results on Jul 31, 2024 CGI Inc. announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 31, 2024 Reported Earnings • May 02
Second quarter 2024 earnings released: EPS: CA$1.83 (vs CA$1.78 in 2Q 2023) Second quarter 2024 results: EPS: CA$1.83 (up from CA$1.78 in 2Q 2023). Revenue: CA$3.74b (flat on 2Q 2023). Net income: CA$426.9m (up 1.8% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Aankondiging • Apr 26
CGI Inc. to Report Q2, 2024 Results on May 01, 2024 CGI Inc. announced that they will report Q2, 2024 results Pre-Market on May 01, 2024 Aankondiging • Feb 02
CGI Inc. Elects Jacynthe Côté as Director CGI Inc. at the Annual General Meeting of Shareholders held on January 31, 2024, Jacynthe Côté was elected by shareholders as director. Reported Earnings • Feb 01
First quarter 2024 earnings released First quarter 2024 results: Revenue: CA$3.60b (up 4.4% from 1Q 2023). Net income: CA$389.8m (up 1.9% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in the United Kingdom. Aankondiging • Jan 18
CGI Inc. to Report Q1, 2024 Results on Jan 31, 2024 CGI Inc. announced that they will report Q1, 2024 results Pre-Market on Jan 31, 2024 Aankondiging • Jan 16
CGI's Machine Vision Solution Delivers A Powerful Source of IoT Business Intelligence by Leveraging Artificial Intelligence CGI announced the launch of new computer vision solution, CGI Machine Vision, which uses the power of artificial intelligence (AI) to transform asset and infrastructure monitoring. The solution enables organizations across industries to improve processes, increase efficiencies and reduce costs by generating business intelligence not previously possible through traditional monitoring solutions or human-only inspection. CGI Machine Vision, developed by CGI AI experts in Australia, uses deep neural network AI and edge-computing technologies to extract data from Internet of Things (IoT) sensors. Data captured by cameras, drones, and other IoT devices is processed by AI at the site of its collection and only relevant data is pushed to data operations. Edge-computing eliminates transmission delays and bandwidth concerns. With this real-time and relevant data, organizations benefit from deeper levels of data analysis, enabling the adoption of predictive and proactive operational models. With CGI Machine Vision, industries such as utilities, transportation, and telecommunications can continuously monitor remote infrastructure, identifying foliage incursion, deterioration through wear and tear, and other issues more effectively. Further, enabling computer vision on moving platforms, such as trains and trucks, improves citizen safety. In addition, CGI Machine Vision increases worker safety by monitoring safety compliance and threats. The Australian launch of CGI Machine Vision follows several successful pilots, including in the United Kingdom where it has been used by water treatment operators to enhance existing alert systems and provide real-time monitoring of remote and unattended sites. CGI Machine Vision can be deployed on a range of vision capture devices and other sensors, and its AI-processed output can be tailored to integrate with a variety of client applications. The flexibility of the solution addresses a broad range of computer vision-oriented business challenges. CGI's end-to-end capabilities in data science and machine learning, combined with its deep domain knowledge and technology engineering skills, help clients generate new insights, experiences, and business models powered by AI. Aankondiging • Nov 10
CGI Inc., Annual General Meeting, Jan 31, 2024 CGI Inc., Annual General Meeting, Jan 31, 2024. Reported Earnings • Nov 10
Full year 2023 earnings released: EPS: CA$6.97 (vs CA$6.13 in FY 2022) Full year 2023 results: EPS: CA$6.97 (up from CA$6.13 in FY 2022). Revenue: CA$14.3b (up 11% from FY 2022). Net income: CA$1.63b (up 11% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Aankondiging • Nov 02
CGI Inc. to Report Q4, 2023 Results on Nov 08, 2023 CGI Inc. announced that they will report Q4, 2023 results Pre-Market on Nov 08, 2023 Aankondiging • Oct 12
CGI Inc. (TSX:GIB.A) acquired Momentum Consulting Corporation. CGI Inc. (TSX:GIB.A) acquired Momentum Consulting Corporation on October 11, 2023. JEGI CLARITY acted as financial advisor to Momentum Consulting Corporation.
CGI Inc. (TSX:GIB.A) completed the acquisition of Momentum Consulting Corporation on October 11, 2023. Aankondiging • Sep 20
CGI Inc. Announces the Availability of CGI All Payments CGI Inc. announced the availability of CGI All Payments, a flexible cloud-ready enterprise payments solution, in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The availability of CGI All Payments on the trusted Microsoft Azure Marketplace delivers the flexibility needed by clients to streamline purchase, deployment and management of CGI's industry-leading solution. CGI brings four decades of deep expertise and industry knowledge to the payments sector. The breadth of the company's offering, including consulting services and solutions, enables CGI consultants to support clients from strategy definition to solution design and implementation, to systems integration and operational support. As an independent technology partner, CGI All Payments is fully deployable on or across multiple ecosystems. Recent Insider Transactions • May 30
Insider recently sold CA$110k worth of stock On the 24th of May, Leena-Mari Lähteenmaa sold around 800 shares on-market at roughly CA$138 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.9m more than they bought in the last 12 months. Recent Insider Transactions • May 27
Insider recently sold CA$110k worth of stock On the 24th of May, Leena-Mari Lähteenmaa sold around 800 shares on-market at roughly CA$138 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.9m more than they bought in the last 12 months. Aankondiging • May 24
CGI Inc. Appoints Sophie Brochu to its Board of Directors, Effective September 2023 CGI Inc. announced that Sophie Brochu will join its Board of Directors in September 2023. Ms. Brochu has over 30 years of experience in the energy sector. From 2020 to April 2023, she served as President and Chief Executive Officer of Hydro-Québec. Ms. Brochu spent most of her career at Énergir, where she served as President and Chief Executive Officer from 2007 to 2019. Under her leadership, the Québec gas distributor added renewable natural gas to its supply portfolio and became a major player in the wind and solar energy spaces in both Canada and the U.S. Sophie Brochu holds a bachelor's degree in economics from Université Laval and sits on the board of Banque de Montréal (BMO). Very active in the community, she has been involved with Centraide of Greater Montreal for many years and co-founded ruelle de l'avenir, a non-profit organization that encourages students in the Centre-Sud and Hochelaga neighborhoods of Montréal to stay in school. She also chairs the board of Fondation Forces AVENIR and volunteers as a leader of The A Effect, an initiative whose aim is to promote the participation of women at all organizational levels. Ms. Brochu was awarded honorary doctorates by Université de Montréal (HEC Montréal) and Bishop's University. She is a member of the Order of Canada and an officer of the Ordre national du Québec. Recent Insider Transactions • May 06
Insider recently sold CA$97k worth of stock On the 1st of May, Laurent Gerin sold around 700 shares on-market at roughly CA$138 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$728k. Insiders have been net sellers, collectively disposing of CA$2.8m more than they bought in the last 12 months. Reported Earnings • Apr 27
Second quarter 2023 earnings released: EPS: CA$1.78 (vs CA$1.55 in 2Q 2022) Second quarter 2023 results: EPS: CA$1.78 (up from CA$1.55 in 2Q 2022). Revenue: CA$3.72b (up 14% from 2Q 2022). Net income: CA$419.4m (up 13% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 24
Insider recently sold CA$728k worth of stock On the 16th of February, Bernard Labelle sold around 6k shares on-market at roughly CA$126 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.4m more than they bought in the last 12 months. Aankondiging • Jan 26
CGI Inc. to Report Q1, 2023 Results on Feb 01, 2023 CGI Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 01, 2023 Aankondiging • Nov 11
CGI Inc., Annual General Meeting, Feb 01, 2023 CGI Inc., Annual General Meeting, Feb 01, 2023. Agenda: Annual General Meeting. Reported Earnings • Jul 28
Third quarter 2022 earnings released: EPS: CA$1.53 (vs CA$1.38 in 3Q 2021) Third quarter 2022 results: EPS: CA$1.53 (up from CA$1.38 in 3Q 2021). Revenue: CA$3.26b (up 7.9% from 3Q 2021). Net income: CA$364.3m (up 7.6% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the next year, revenue is forecast to grow 4.6%, compared to a 19% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 12
Insider recently sold CA$539k worth of stock On the 8th of February, Mark Boyajian sold around 5k shares on-market at roughly CA$110 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.9m more than they bought in the last 12 months. Reported Earnings • Feb 04
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: CA$1.51 (up from CA$1.34 in 1Q 2021). Revenue: CA$3.09b (up 2.4% from 1Q 2021). Net income: CA$367.4m (up 7.0% from 1Q 2021). Profit margin: 12% (in line with 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.0%, compared to a 18% growth forecast for the industry in the United Kingdom. Recent Insider Transactions • Dec 19
Independent Director recently bought CA$542k worth of stock On the 16th of December, Gilles Labbé bought around 5k shares on-market at roughly CA$108 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$1.1m more in shares than they bought in the last 12 months. Recent Insider Transactions • Dec 15
Insider recently sold CA$148k worth of stock On the 6th of December, George Mattackal sold around 1k shares on-market at roughly CA$110 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$275k. Insiders have been net sellers, collectively disposing of CA$1.4m more than they bought in the last 12 months. Recent Insider Transactions • Dec 09
President of Global IP Solutions recently sold CA$275k worth of stock On the 2nd of December, David Henderson sold around 3k shares on-market at roughly CA$110 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.4m more than they bought in the last 12 months. Reported Earnings • Nov 11
Full year 2021 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: CA$12.1b (flat on FY 2020). Net income: CA$1.37b (up 23% from FY 2020). Profit margin: 11% (up from 9.2% in FY 2020). Recent Insider Transactions • Jun 16
Independent Director recently sold CA$1.6m worth of stock On the 8th of June, Gilles Labbé sold around 15k shares on-market at roughly CA$109 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.7m more than they bought in the last 12 months. Aankondiging • Apr 29
CGI Inc. (TSX:GIB.A) signed an agreement to acquire Sense Corp, Inc. CGI Inc. (TSX:GIB.A) signed an agreement to acquire Sense Corp, Inc. on April 28, 2021. Approximately 300 consultants of Sense Corp will join CGI. The transaction is expected to close in early May 2021. Aankondiging • Mar 12
Bavarian State Ministry of Justice Selects CGI to Drive Digitization and Innovation CGI has been awarded a contract by the Bavarian State Ministry of Justice to help the ministry better serve its citizens through digitization and innovation management. Under the six-year managed IT services contract valued at €250 million, CGI will help evolve the ministry's IT infrastructure and services at 220 locations across Bavaria. Digitization is a key strategic priority for the government of Bavaria now and in the years ahead. In line with this, the Bavarian State Ministry of Justice is relying on CGI's managed IT services to advance its IT modernization and the digitization of its business and IT workflows, among other things. Work on this new engagement began at the start of 2021. It involves assuming responsibility for the ministry's IT operational services, which include domain, infrastructure, user support, unified communications, media technology, and project and consulting services for Bavarian courts and public prosecutors' offices. As part of this effort, CGI will manage two data centers—one in Munich and another in Nuremberg—and approximately 220 locations across Bavaria with 16,500 workstations. CGI also will play a key role in driving the ministry's digitization and innovation management by, for example, equipping all meeting rooms with digital media technology and replacing traditional telephony with unified communications. It also will manage projects related to the introduction of electronic legal transactions and electronic files. Aankondiging • Feb 24
Commonwealth of Virginia Awards Long-Term Contract to CGI for Transformation of eVA Procurement System CGI announced it has been awarded a contract by the Virginia Department of General Services (DGS) to support transformational enhancements to the Commonwealth's eVA program. eVA is an award-winning procurement system that provides a centralized, online purchasing hub for state and local agencies and more than 112,000 approved vendors who provide essential goods and services. CGI was selected by DGS to modernize the eVA platform with next-generation technologies, tools and capabilities that will keep step with the Commonwealth's evolving business goals. The new contract includes the transition to more user-friendly and cutting-edge procurement and reporting tools for state and local government users, businesses that supply goods and services, and public users who want to understand what public bodies are purchasing. As part of the new contract, CGI will deliver: An enhanced shopping experience, including better catalog maintenance and buyer tools; Improved supplier services, such as electronic order delivery, contracts, catalogs and improvement plans; Enhanced collaboration between users and suppliers; Increased standardization across functions to make it easier to use; New smart routing and workflow functions to increase process efficiency. Aankondiging • Feb 23
European Space Agency Selects CGI to Develop Services Combining Artificial Intelligence and Earth Observation for Wildfire Mapping CGI Inc. was awarded by the European Space Agency (ESA) a contract to develop a new wildfire mapping service that combines recent advances in Earth Observation (EO), Artificial Intelligence (AI) and cloud computing to help better map and monitor the impact of wildfires. CGI and its project partner, the University of Leicester, is working with nationally mandated user organisations from Australia (Geoscience Australia) and France (ONF France) to implement and demonstrate EO services based on their requirements for improved wildfire risk management. The consortium will evaluate a variety of AI algorithms that could help meet these requirements. It is expected that combining the machine learning capabilities of these AI algorithms with the increased availability of frequent, high quality satellite observations will allow better burnt area mapping products to be generated where and when users want them. The resulting AI-enabled wildfire mapping service will be made available to Geoscience Australia and ONF France, as well as the wider environmental community, through the EO4SD Lab portal. This online data portal, which has been developed by CGI for ESA, utilises cloud computing to provide free access to a range of EO data, tools and services to the sustainable development and wider environmental community. The recent extensive fire disasters in the USA, Southern Europe and Australia have shown both the environmental and human cost of wildfires. Climate change is contributing to more frequent wildfires, with studies finding a 19% increase in global mean fire weather season length between 1979 to 2013. Better monitoring and analysing of burnt areas is important to improve land management and help mitigate the impact. Aankondiging • Feb 19
CGI and OP Financial Group Expand Partnership to Include Digital Services for Insurance CGI and OP Financial Group have signed an agreement that deepens their long-term application development and management partnership, dating back to 2013. CGI will be responsible for developing and delivering digital services for OP Financial Group's insurance operations. Since 2013, the partnership between CGI and OP Financial Group has grown to include more than 600 CGI professionals working for OP Financial Group. More than 300 of these professionals work in close proximity with their OP counterparts in Finland, with the remaining supporting from CGI's global delivery centers. Aankondiging • Feb 11
CGI Announces the Launch of the CGI Oncue360 Solution for the State of Michigan CGI announced the launch of the CGI OnCue360 solution for the State of Michigan, where the platform will be used to ensure regulatory compliance with CARES Act pandemic relief funding and track information about grant spending for local and regional program managers state-wide. Cloud-based CGI OnCue360 is a mobile regulatory enforcement and data-collection solution that allows smartphones, tablets and desktop computers to capture and report information from the field in real time. It provides the ability to record and track data, electronic signatures and digital photographs, and includes a robust web interface to schedule and manage appointments. Information collected by Michigan officials will help ensure compliance with recent CARES Act regulations issued by the U.S. Department of the Treasury. Aankondiging • Feb 03
CGI Announces Signing of A Renewed Ten-Year Contract for Application Development, Operations and Support Services with CAE CGI announced the signing of a renewed ten-year contract for application development, operations and support services with CAE. This new agreement expands CGI's engagement by adding a range of services to further enhance CAE's business agility, innovation and operational excellence. CGI will support CAE's leading edge technology environment helping optimize the performance and evolution of the company's mission-critical business applications, including the implementation and deployment of Oracle ERP Cloud. Aankondiging • Feb 02
CGI Inc. and FashionCube Agree on a 10-Year Partnership for Managed IT Services, Including IT Transformation CGI Inc. has signed a 10-year managed IT services contract with FashionCube. Under this contract, CGI will manage all of FashionCube's IT activities with the aim of maximizing synergies and accelerating the transformation of member brands. This contract has a potential value of EUR 96 million. FashionCube has entrusted CGI with the operational management of all its IT activities, including user services, application maintenance and upgrades, and operations and infrastructure upgrades. In this context, 61 employees of the six brands will join CGI in four countries (France, Germany, Spain and Poland). The partnership also covers the construction of a FashionCube information systems organization in the next three years. With its proven track record in managed services, CGI will pursue the following objectives throughout the contract: Improve service quality, Maximize IT synergies, Accelerate key transformation projects, Increase the value creation of services. Aankondiging • Jan 29
CGI Inc. Announces the Renewal of a Contract with Highmark Health CGI announced the renewal of a contract with Highmark Health for services that will help the national payer and provider network identify, prevent and correct billing errors and overpayments. In support of Highmark, CGI will deploy its CGI ProperPay solution, designed to reduce waste, fraud and abuse in healthcare-related claims and billing. CGI's experience in healthcare financial recoveries includes engagement with Medicare, Medicaid and commercial payers that have recovered more than $3 billion in lost payments with the help of CGI technology. Aankondiging • Jan 15
Vantage Bank Texas Selects CGI for Payments System Modernization CGI announced Texas-based Vantage BankTexas has deployed CGI All Payments as part of the community bank’s digital transformation. CGI All Payments (APS) will underpin the Bank’s cloud-based digital modernization journey. APS replaces Vantage Bank’s legacy FedWire and ACH processing solutions, as well as positions the bank for real-time payments. This move will enable the bank to focus on differentiating their business offerings in order to meet their strategic growth objectives, while realizing unrivalled levels of service, availability, agility and most importantly, security from the CGI All Payments service in Microsoft Azure. Vantage Bank’s transformation, like many other financial institutions, started with the need to replace aging and costly legacy solutions, at the same time positioning itself for future business growth. CGI worked closely with Vantage Bank Texas to define a plan of action to meet their short and long term needs. Four months after selecting CGI, Vantage Bank Texas is live with CGI All Payments.