CGI Successfully Completes Implementation of an Open Account Solution for BMO Capital Markets

    Stock Market Symbols
    GIB.A (TSX)
    GIB (NYSE)

    MONTREAL, Oct. 2 /CNW Telbec/ - CGI Group Inc. (TSX: GIB.A; NYSE:   GIB),
today announced its successful implementation of a Bank-assisted Open Account
Transaction solution with BMO Capital Markets (a member of BMO Financial
    BMO Capital Markets' Trade Finance Group has enhanced their existing
trade services platform powered by Proponix(TM), CGI's leading Trade Finance
solution. Providing an Open Account finance offering enables BMO to
aggressively bid on new customer accounts, in addition to significantly
enhancing the service offering to existing customers.
    Sara Joyce, Executive Managing Director and Head of International
Financial Institutions and Trade Finance, BMO Capital Markets, says, "CGI is
an industry leader with proven expertise in trade finance. We firmly believe
that CGI's ability to deliver strategic and innovative solutions for Trade
Finance is helping us win new business by offering an expanded suite of
capabilities to prospects and existing customers, resulting in increased
revenue and competitive advantage."
    "We are pleased that BMO Capital Markets continues to look to CGI to
leverage their trade finance needs," says Jame Cofran, Senior Vice-President,
Banking and Investments, CGI. "The Proponix Open Account functionality enables
BMO Capital Markets to successfully compete with top tier global trade finance
banks and win new business."
    CGI is a major provider of IT and business process services to financial
institutions around the world including nine of the top ten U.S. banks and
seven of the top twenty banks in the world. CGI banking-focused solutions
include core banking, end-to-end wealth management, trade finance, business
intelligence/data warehousing and customer relationship management. CGI
solutions process one-third of all U.S. credit bureau requests and more than
$130 billion are moved every day over the fund transfer systems that it
supports. CGI provides retail banking, transaction processing and payroll
services to more than 2,300 banking institutions worldwide.

    About Proponix

    Proponix is a highly efficient, web-based global trade finance platform
that includes integrated workflow and imaging, transaction processing,
web-based reporting, and a corporate Trade Portal. It provides the complete
infrastructure and technology to transform a Bank's global trade services
business, resulting in increased revenues from new products and offerings, as
well as lower costs through new capabilities. The capabilities enable
competition against banks of all sizes with continuous product evolution and
rapid deployment to market.

    About BMO Capital Markets

    BMO Capital Markets is a leading full-service North American financial
services provider, with over 2,000 employees operating in 14 North American
offices and 26 worldwide, offering corporate, institutional and government
clients access to a complete range of investment and corporate banking
products and services. BMO Capital Markets is a member of BMO Financial Group
(NYSE, TSX: BMO), one of the largest diversified financial services providers
in North America with more than $359 billion in total assets and
35,000 employees as at July 31, 2007. For more information, visit

    About CGI

    Founded in 1976, CGI Group Inc. is one of the largest independent
information technology and business process services firms in the world. CGI
and its affiliated companies employ approximately 25,500 professionals. CGI
provides end-to-end IT and business process services to clients worldwide from
offices in Canada, the United States, Europe, Asia Pacific as well as from
centers of excellence in North America, Europe and India. CGI's annual revenue
run rate stands at $3.7 billion (US$3.5 billion) and at June 30th, 2007, CGI's
order backlog was $12.4 billion (US$11.6 billion). CGI shares are listed on
the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite
Index as well as the S&P/TSX Capped Information Technology and MidCap Indices.

For further information:

For further information: CGI: Investors and Media: Lorne Gorber,
Vice-President, Global Communications and Investor Relations, (514) 841-3355,; Trade Media: Lee LoPriore, Executive Consultant, Banking
& Investments, (770) 444-0446,

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890