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CGI receives best trade finance software award from Global Finance

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CGI (NYSE: GIB) has been awarded the 2022 Global Finance Award for Best Trade Finance Software Provider. The award recognizes CGI's resilient trade solutions amidst changing global trade finance dynamics. The selection was based on various criteria, including market share, product innovation, and technology. CGI Trade360, a SaaS platform, enables banks to offer a comprehensive range of trade and cash management services, enhancing digitalization and interoperability. CGI reported a revenue of $12.13 billion in FY 2021, showcasing its robust market position.

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  • Awarded 2022 Global Finance Award for Best Trade Finance Software Provider, enhancing company reputation.
  • CGI Trade360 platform enhances banks' service offerings, promoting innovation and digitalization.
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FAIRFAX, Va., Feb. 15, 2022 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced it is the recipient of the 2022 Global Finance Award in the category of Global Best Trade Finance Software Provider.

CGI's trade solutions have proven to be resilient in adapting to the changes occurring in global trade finance

"CGI is honored to receive the Global Finance award for Best Trade Finance Software Provider," said Frank Tezzi, Vice President, Trade & Supply Chain, at CGI. "I am proud of our teams and CGI's trade solutions that have proven to be resilient in adapting to the changes occurring in global trade finance. We remain committed to helping our clients grow their business leveraging CGI's market-leading solution in the highly competitive trade finance marketplace."

Global Finance selects the best trade finance and supply chain finance providers for its annual award based on input from banks, industry analysts, corporate executives and technology experts. Criteria for choosing the winners include market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations.

CGI's 2022 award submission highlighted the CGI Trade360 solution, a software as a service (SaaS) platform that enables banks to provide a full range of traditional trade, payables, receivables and cash management services to customers on a single, integrated and global platform. Recent CGI Trade360 enhancements allow CGI clients to drive innovation in the areas of traditional trade and supply chain finance, particularly through APIs – accelerating digitalization and interoperability with emerging technologies that drive growth, efficiency and competitiveness in the global finance ecosystem.

About CGI Trade360
CGI Trade360 delivers all of the software, infrastructure and support resources necessary to power a bank's global trade business. Delivered primarily as a software as a service (SaaS), CGI Trade360 enables banks to provide the full range of traditional trade, supply chain (payables, receivables), cash and collateral management services to their customers—anywhere, anytime—on a single, integrated and global platform.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 82,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Cision View original content:https://www.prnewswire.com/news-releases/cgi-receives-best-trade-finance-software-award-from-global-finance-301482605.html

SOURCE CGI Technologies and Solutions, Inc.

FAQ

What award did CGI receive in 2022?

CGI received the 2022 Global Finance Award for Best Trade Finance Software Provider.

What is the significance of the Global Finance Award for CGI?

The award enhances CGI's reputation in the competitive trade finance marketplace.

What is CGI Trade360?

CGI Trade360 is a software as a service platform that enables banks to provide a full range of trade and cash management services.

What was CGI's reported revenue in FY 2021?

CGI reported a revenue of $12.13 billion in fiscal year 2021.

What criteria were used to select the Global Finance Award winners?

Selection criteria included market share, product innovation, customer service, and execution skills.

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