IT outsourcing in European banking study: CGI a market leader

PEAK Matrix™ Assessment measures market success and overall capability

Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom

LONDON, United Kingdom, Dec. 10, 2015 /CNW Telbec/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced that it has been recognized as a Leader in the Everest Group report, "IT Outsourcing in European Banking and Capital Markets – Service Provider Landscape with PEAK Matrix™ Assessment 2015."

The Everest Group PEAK Matrix provides an objective, comparative assessment of third-party IT outsourcing providers in key market sectors. The matrix measures the relative market success and overall capability of service providers. CGI is one of a small number of companies recognized as market leaders in IT outsourcing for the European banking community.

CGI IT outsourcing services provide clients in banking with the answer to the key strategic imperative of banking business leaders to reduce running costs and transform to new digital enterprises while maintaining full control. Delivered with the CGI managed services model, CGI assumes responsibility for operational excellence, drawing on the company's years of experience in IT governance best practices.

"We are extremely gratified to receive this important recognition for the second consecutive year," said Penny Hembrow, Senior Vice-President, Industries and Practices, CGI. "We are fully committed to the success of our European banking and financial services clients in this challenging market environment, and this study serves as additional validation that CGI has the scale, scope and delivery capability needed to do this."

About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 65,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.

 

SOURCE CGI Group Inc.

For further information: Investors, Lorne Gorber, Executive Vice-President, Global Communications and Investor Relations, lorne.gorber@cgi.com, +1 514-841-3355; Media, Linda Odorisio, Vice-President, Global Communications, CGI, linda.odorisio@cgi.com, +1 703-267-8118

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