CGI receives global trade award for resiliency

Rhea-AI Summary

On April 20, 2021, CGI (NYSE: GIB) was honored with the Leader in Trade Award for Resiliency in the Fintech category by Global Trade Review (GTR). This recognition highlights CGI's excellence in trade and supply chain solutions, particularly during the challenges posed by the pandemic. CGI's Trade360 platform enabled banks to continue operations remotely, showcasing its adaptability. With a reported revenue of C$12.16 billion for fiscal 2020, CGI remains a significant player in the global IT consulting sector.

Positive

• Award for Resiliency in the Fintech category emphasizes CGI's strong position in the market.
• CGI Trade360's SaaS model successfully adapted to remote work challenges, supporting clients effectively.

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• None.

FAIRFAX, Va., April 20, 2021 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) announced it is the winner of a Leader in Trade Award for Resiliency in the Fintech category from Global Trade Review (GTR), an independent publishing and events company covering the global trade industry. The GTR Leaders in Trade Awards highlight excellence in the trade, commodity, supply chain, export finance and fintech markets. 

"CGI is honored to receive this award for the resiliency of our solution during such a tumultuous year," said Frank Tezzi, Vice-President, Trade & Supply Chain, at CGI. "Our team and CGI Trade360's digital end-to-end workflow and Software as a Service (SaaS) model supported our clients as they quickly transitioned from on-site to remote work environments at the onset of the global pandemic. We also want to thank our CGI clients for their partnership and collaboration during the pandemic."

About CGI Trade360
CGI Trade360 delivers all of the software, infrastructure and support resources necessary to power a bank's global trade business. Delivered 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 76,000 consultants and other 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 2020 reported revenue is C$12.16 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

 

View original content:http://www.prnewswire.com/news-releases/cgi-receives-global-trade-award-for-resiliency-301271867.html

SOURCE CGI Technologies and Solutions, Inc.

FAQ

What award did CGI receive on April 20, 2021?

CGI received the Leader in Trade Award for Resiliency in the Fintech category.

What is CGI Trade360?

CGI Trade360 is a SaaS platform that provides comprehensive software and infrastructure for banks' global trade businesses.

What was CGI's reported revenue for fiscal 2020?

CGI reported a revenue of C$12.16 billion for fiscal 2020.

How did CGI adapt to the pandemic?

CGI supported clients in transitioning from on-site to remote work environments using its Trade360 platform.

Where is CGI listed?

CGI is listed on the NYSE under the ticker symbol GIB.