24 February 2018
visit www.ebaday.com

Caisse and NBC extend CGI outsourcing contracts

04 July 2003  |  2309 views  |  0 Caisse and NBC extend CGI outsourcing contracts

Caisse de dépôt et placement du Québec, a Montreal-based based firm that manages funds for pension and insurance plans, has signed a new two year IT outsourcing contract, worth C$40 million, with CGI Group.

The new deal is an extension of an existing outsourcing agreement signed in 2001 and extends the contract until 2006.

Under the contract, CGI will continue to provide Caisse with infrastructure management, computer operating, call centre services, office technology support, business applications maintenance and solutions development and integration.

In addition, CGI will supply IT consultancy services, assessing and proposing software for the firm.

Daniel Huard, vice president, IT, Caisse, says: "The stability of CGI and its deep knowledge of our business and way of operating has resulted in our ability to optimise the management of our projects and infrastructure."

In a seperate deal, the vendor has announced a two-year extension to a ten-year IT outsourcing contract with National Bank of Canada originally signed with Cognicase in June 2000.

While the initial contract extended until June 2010, CGI's contract will last until June 2012 and is valued at approximately C$60 million per year. As part of this agreement, CGI is managing such functions as application maintenance and support as well as the development and support of new application projects.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

IT outsourcing and BPO fastest growing lines in financial services

IT outsourcing and BPO fastest growing lines in financial services

30 May 2003  |  8933 views  |  0 comments

Related company news


Related company information

CGI Group UK

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit https://www.capgemini.comvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11838 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10336 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8600 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8121 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7797 views comments | 10 tweets | 14 linkedin

Featured job

Hong Kong, Asia-Pacific

Find your next job