22:58:49 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



National Bank of Canada
Symbol NA
Shares Issued 338,978,311
Close 2024-01-24 C$ 102.26
Market Cap C$ 34,663,922,083
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CGI, National Bank renew partnership for another decade

2024-01-25 08:13 ET - News Release

See News Release (C-GIB) CGI Inc

Mr. Michael Godin reports

CGI AND NATIONAL BANK OF CANADA SIGN LONG-TERM SERVICE AGREEMENT

National Bank of Canada has renewed its partnership with CGI Inc. for 10 years. CGI will deliver a wide range of technology services and market-leading solutions to help the bank further enhance its client experience and drive operational excellence.

"CGI is a trusted partner in the financial services sector," said Julie Levesque, executive vice-president, technology and operations, National Bank. "We value CGI's expertise and commitment to excellence that will play an important role in our ongoing efforts to meet the evolving needs of our clients and stay at the forefront of the financial services industry."

The agreement strengthens the greater-than-20-year partnership between the organizations, with CGI delivering banking insights, expertise and a portfolio of services, including business consulting, innovative project development, systems integration, and wealth and payment solutions.

"We are delighted to continue our journey with National Bank of Canada," said Michael Godin, CGI senior vice-president, greater Montreal. "This agreement exemplifies the trust National Bank of Canada has in CGI's capabilities, and we look forward to bringing the best of CGI globally to help the bank accelerate its transformation."

With four decades of experience in the financial services industry, CGI serves leading financial institutions across the globe, including 15 of the top 20 banks. As the banking world rapidly changes, CGI helps banks adapt, future-proof and outperform the competition, driving customer value and continuous growth.

About CGI Inc.

Founded in 1976, CGI is among the largest independent information technology and business consulting services firms in the world. With 91,500 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's fiscal 2023 reported revenues totalled $14.3-billion.

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