Key Developments: CGI Group Inc (GIB)
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21 May 2013
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Latest Key Developments (Source: Significant Developments)
QPR Software Oyj and CGI Group Inc Partner to Build New Process Analysis Service for CGI in Finland
QPR Software Oyj announced that it has signed an agreement where CGI will establish a new process analysis service based on QPR ProcessAnalyzer software product. With the service, CGI will be able to show their customers the real state of their processes and help support them in reaching operational efficiency. For QPR, the partnership gives the opportunity to bring Automated Business Process Discovery (ABPD) software, QPR ProcessAnalyzer to a larger audience. QPR ProcessAnalyzer will be provided to CGI as Software as a Service by QPR Software, minimizing deployment and maintenance costs. The initial scope of the partnership covers the provision of the new process analysis service for their customers in Finland, using their accounts payable and ERP systems, Rondo and V10 respectively, as well as Kuntamalli solution (the ‘Council model’) which is designed for public sector organizations and encompasses several CGI software products. QPR will support CGI to set-up the service by providing CGI with initial product training and consultation for QPR ProcessAnalyzer as well as technical and sales support. Full Article
Arizona To Modernize Financial Management Systems With CGI Group Inc's CGI Advantage ERP
CGI Group Inc announced that the State of Arizona has selected the Company's built-for-government CGI Advantage enterprise resource planning (ERP) solution for statewide financial management. The contract is valued at USD53 million over eight years. In selecting CGI Advantage, Arizona will retire 20-year-old legacy statewide financial system, AFIS, as well as other agency financial systems, and begin move to an enterprise-wide financial management solution. Full Article
CGI Group Inc And Neste Oil Extend IT Service Agreement To Support 5,000 Employees
CGI Group Inc and Neste Oil, a Finnish oil refining and marketing company, have signed an agreement where CGI will manage Neste Oil's IT infrastructure environment for two additional years. CGI has been Neste Oil's IT infrastructure partner since 2009. The renewed contract covers IT services for employees across more than ten countries. CGI manages Neste Oil's end user support; service desk, desktop, smartphone, e-mail and instant messaging services, data center and applications server capacity, as well as network and data security services. Full Article
CGI Group Inc Receives Three-Year Contract To Help CNAV Upgrade Pension Information System
CGI Group Inc announced that The Caisse nationale d'assurance vieillesse (CNAV) has selected the Company, to help upgrade its pension information system. The contract, which is valued at an estimated EUR5 million in total, is for one year and can be renewed twice, for a total of 36 months. Full Article
Foresters Extends Long-Term Managed Services Contract With CGI Group Inc Through To 2023
CGI Group Inc announced the signing of a $54 million extension to an existing long-term agreement that will see CGI continue to provide end-to-end managed IT services to Foresters, an international life insurance provider with over one million member customers in Canada, the United States and the United Kingdom. Full Article
CGI Group Inc Secures Contract From Union des Groupements d'Achat Public
CGI Group Inc announced the selection by the Union des Groupements d'Achat Public (UGAP), the only general public procurement agency in France, to provide information technology consulting services to the public sector in France, including the national government, territorial communities and hospital sector. The EUR9 million agreement, which is country-wide and includes purchase orders, is for a period of 36 months, with a 12-month renewal option. Full Article
Hawaii Health Connector selects CGI Group Inc To Construct Online Marketplace For State-Based Health Insurance Exchange
CGI Group Inc announced that the Hawaii Health Connector has contracted CGI to construct the online marketplace for state-based health insurance exchange (HIX). The contract is valued at USD53 million over four years. CGI will construct and maintain the online marketplace and associated financial and plan management systems for Hawaii's exchange. For the project, CGI's team is comprised of 50+ locally based IT professionals in Hawaii, with many positions filled by local Hawaii-based partners. CGI is also doing exchange implementation work for California, Colorado, Kentucky, Massachusetts, and Vermont as well as partnering with the Centers for Medicare & Medicaid Services to develop and implement the Federally Facilitated Exchange. Full Article
Desjardins Group and CGI Group Inc Announce Extension To Payroll Services Partnership
CGI Group Inc announced that it has signed a contract that will see its payroll services partnership with the Desjardins Group extended for five years. The value of the contract extension is estimated at $180 million. Under the terms of the agreement, CGI will continue to manage all of the operations for the payroll services centre dedicated to the Desjardins clientele. This includes technology infrastructure, support and development of the payroll and human resources management solutions, payroll processing, and customer support. Full Article
CGI Group Inc Secures $18-million Advantage Contract-Canada Stockwatch News
Canada Stockwatch News reported that the County of Ventura, California, has selected the latest version of CGI Group Inc.'s Advantage enterprise resource planning solution to modernize its legacy financial, budgeting and procurement systems. The contract is valued at $18 million over a three-year implementation term and long-term maintenance program. Full Article
Monitise PLC and CGI Group Inc. Form Alliance to Offer Mobile Money Solutions to Banking and Payments Companies
Monitise PLC (Monitise) announced that CGI Group Inc. (CGI) and the Company have joined forces to offer Mobile Money solutions to banking and payments companies using Monitise's technology platform. The alliance between the two companies combines Logica's, a part of CGI, established IT and consulting services, payments solutions and local market knowledge in Europe with Monitise's bank-grade Mobile Money capabilities. The alliance between CGI and Monitise will initially focus on European retail banks in the United Kingdom, Benelux, Nordics, Germany and France. Full Article
CANADA STOCKS-Suncor buoys TSX as index turns positive on year
* TSX rises 143.83 points, or 1.17 percent, to 12,456.50 * Nine of 10 major sectors advance * Suncor up 6 percent after earnings beat * CGI Group jumps 18 percent after results By John Tilak TORONTO, April 30 - Canada's main stock index recorded its second-biggest percentage jump of the year so far on Tuesday, boosted by gains in almost all main sectors and in Suncor Energy Inc shares after a strong earnings showing. The climb helped the index, which has advanc
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