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CGI will help Aktia drive operational efficiency and accelerate product and service development through digitization and IT managed services
HELSINKI, October 11, 2022 /PRNewswire/ – CGI (NYSE: GIB) (TSX: GIB.A) and Aktia (OMXH: AKTIA) have entered into a strategic partnership giving CGI responsibility for a large portion of Aktia’s banking IT services, including development and maintaining 150 mission-critical applications. The partnership, valued at around 50 MEUR (around 75 MCAD), will enable Aktia to improve the operation and development of existing banking products and services, as well as accelerate the development of new products and services, to improve the experience of the customer and to compete more. effectively in today’s rapidly changing financial sector.
Aktia is committed to the long-term development of products and services as we implement our strategy to become the leading wealth management bank and compete against other Finnish and Nordic banks, together with new players in the banking industry, and we seek to serve our customers better,” said Sari Leppänen, the Bank’s Chief Information Officer. “We have invested in modernizing our core banking systems and are continuously improving them to drive operational efficiency and meet evolving customer expectations. CGI will help us streamline our IT operations, provide banking services innovate and ensure the scalability of these services in response to new business demands. Our partnership with CGI will also provide the critical IT talent we need, as well as strengthen our regulatory compliance and risk management.”
“We are grateful for Aktia’s confidence in our abilities to help drive its performance and growth through strategic IT managed services,” said Leena-Mari Lähteenmaa, CGI’s President. finland, poland and Baltic operations. “Our teams provide the banking and IT expertise needed to modernize business models and operations through digitization, enabling clients like Aktia to excel not only in today’s competitive business environment, but also in the future. We also offer local support , supported by a global network of experts, to ensure high responsiveness, round-the-clock support and continuous scalability as business objectives and requirements change.”
“We extend a warm welcome to over 50 Aktia banking services experts who will join us as a result of this strategic partnership,” said Kimmo Koivistowho heads CGI’s financial services business unit in 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 before early 2023.
As digitization continues to transform the banking world, CGI helps banks transition to new business models, modernize legacy IT environments and become more customer-centric. Today, the company partners with 15 of the top 20 banks worldwide, as well as thousands of other financial institutions across the globe, providing business and strategic IT consulting services, along with a broad portfolio of banking solutions. To learn more, visit cgi.com/banking.
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 88,500 consultants and professionals across the globe, CGI offers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services, and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global distribution network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is 12.13 billion Canadian dollars and CGI shares are listed on the TSX (GIB.A) and NYSE (GIB). Learn more at cgi.com.
About Aktia
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and prosperity from one generation to the next for 200 years. We serve our customers on digital channels everywhere and face-to-face at our offices in Helsinki, Turk, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ around 900 people finland. Assets under management of Aktia (AuM) in June 30, 2022 arrived at 13.9 billion eurosand the total balance was 11.9 billion euros. Aktia shares are listed on Nasdaq Helsinki Ltd (AKTIA). stock.com.
SOURCE CGI Inc.
