CGI and Aktia Announce Strategic Business and IT Partnership

stock market symbol
GIB.A (Toronto Stock Exchange)
GIB (New York Stock Exchange)
cgi.com/newsroom

CGI will help Aktia improve operational efficiency and accelerate product and service development through digitalization and IT managed services

Helsinki, October 11 November 2022 /PRNewswire/ – CGI (NYSE: GIB) (TSX: GIB.A) and Aktia (OMXH: AKTIA) have entered into a strategic partnership and CGI will be responsible for a major portion of Aktia Bank’s IT services, including the development and maintenance of 150 key task application. The partnership, valued at approximately 50 MEUR (approximately 75 MCAD), will enable Aktia to enhance the operation and development of existing banking products and services, and accelerate the development of new products and services to improve customer experience and increase competitiveness in today’s rapidly changing environment Effective in the financial industry.

“Aktia is committed to long-term product and service development as we execute our strategy to become a leading wealth management bank, compete with other Finnish and Nordic banks as well as new players in the banking industry and seek to better serve our clients,” the said Sari Leppänen, the bank’s chief information officer. “We have invested in modernizing our core banking system and continuously improving it to increase operational efficiency and meet changing customer expectations. CGI will help us streamline IT operations, deliver innovative banking services, and ensure that these services are Responding to new business needs. Our partnership with CGI will also provide the critical IT talent we need and strengthen our regulatory compliance and risk management.”

Leena-Mari Lähteenmaa, President of CGI, said: “We appreciate Aktia’s confidence in our ability to help drive its performance and growth through strategic IT managed services. Finland, Poland and Baltic Sea business. “Our team provides the banking and IT expertise needed to modernize business models and operations through digitalization, enabling clients like Aktia to excel not only in today’s competitive business environment, but in the future. We also provide local Support, backed by a global network of experts to ensure high responsiveness, 24/7 support and continuous scalability as business goals and needs change.”

“We warmly welcome more than 50 Aktia banking services specialists to our strategic partnership,” said Kimo Coivistowho leads CGI’s financial services business unit Finland“Together, we are stronger and our professionals enjoy many exciting career opportunities as we continue to grow.”

The partnership will begin as a joint venture by early 2023.

As digitalization continues to transform the banking industry, CGI helps banks pivot to new business models, modernize traditional IT environments, and become more customer-centric. Today, the company partners with 15 of the world’s top 20 banks and thousands of other financial institutions around the world, providing business and strategic IT consulting services and a broad portfolio of banking solutions. To learn more, visit cgi.com/banking.

About CGI
Founded in 1976, CGI is one of the world’s largest independent IT and business consulting services firms. With 88,500 consultants and professionals worldwide, CGI provides an end-to-end portfolio of capabilities ranging from strategic IT and business consulting to systems integration, managed IT and business process services, and intellectual property solutions. Working with clients through a local relationship model, complemented by a global delivery network, CGI helps clients digitally transform their organizations and accelerate results. CGI’s FY 2021 reported revenue is C$12.13 billion CGI shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB). Learn more at cgi.com.

About Aktia
Aktia is a Finnish asset management company, bank and life insurance company that has been creating wealth and well-being for generations for 200 years.We serve our clients across our digital channels around the world and face-to-face in our offices Helsinki, turkey, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally.We employ around 900 people Finland. Aktia’s Assets Under Management (AuM) June 30, 2022 up to 13.9 billion eurosthe total balance sheet is 11.9 billion euros. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.

SOURCECGI Inc.

Source link