CGI Group (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, announced today the signing of a five-year contract whereby CGI will maintain ICICI Bank Canada's High Interest Investment Saving Account on CGI's PrimeSuite recordkeeping platform.
PrimeSuite, a comprehensive set of enterprise strength software products will allow brokers and dealers to access and sell the High Interest Investment Savings Account through the FundSERV utility.
"CGI approached us with a comprehensive suite of wealth management solutions which are not only cost efficient, but flexible enough to evolve with the industry and keep pace with our growth objectives. We are pleased to begin building our relationship with CGI." said Rajesh Ramakrishnan, Vice President, Retail Banking Operations, ICICI Bank Canada.
"ICICI Bank Canada has built upon the solid reputation of its parent company, ICICI Bank Limited, India's largest private sector bank," said Jamie Holland, Senior Vice-President, Greater Toronto Area, CGI. "We are pleased to partner with ICICI Bank Canada and are glad that they rely on us to improve efficiency, reduce complexity and ensure compliance."