NEW YORK and LONDON, April 23, 2003 – Netik, the information automation company that specializes in providing information-centric STP software solutions for financial markets and the banking and investment division of CGI Group Inc. (CGI), a leading provider of end-to-end information technology and business processing services and North America’s fourth largest independent information technology services company, announced today an agreement to market a joint solution based on Netik’s InterView Investment Hub and CGI’s portfolio management and accounting system MPower.

The solution, MView®, provides unrivalled online reporting, inquiry and analysis for portfolio and accounting information via Netik InterView’s Web-based investment portal technology.

The MView® solution evolved from CGI’s need for a consolidated information hub to support flexible, browser-based reporting and ad hoc query facilities for its MPower ASP users. Such a hub would address the trend towards online inquiry and analysis, automation of back-office reporting, and enterprise-wide risk reporting.

"CGI has nurtured excellent, longstanding relationships with its MPower customers through listening and understanding the needs of their business," comments Gary Teluckingh, Vice President, Banking and Investments with CGI. "The MPower user group asked for online reporting and analysis to help them cut costs and mitigate risk, and we recognized that this solution was critical to increasing our service levels."

By combining MPower with Netik’s InterView Investment Hub, CGI customers have unrivalled access to pre-defined reports and queries, coupled with extensive, user-friendly facilities for user-configured reports, ad-hoc queries and analysis against any or all of their portfolio data. InterView provides the Mview® solution with enhanced analysis capabilities ranging from consolidated summary reports to detailed, multi-dimensional analysis of investment information. Flexible output enables users to view output within a browser in tabular and/or graphical form, download & save results to Microsoft Excel, and generate structured reports in pdf format or Crystal Reports for printing or delivery via email.

The MView® solution is engineered specifically for the Wealth Management market in Canada and targets the mutual fund, managed account, WRAP and institutional investment sectors.

John Wise, Netik’s CEO says, "Netik has a close relationship with CGI stretching back several years and I am delighted that this has now culminated in the partnership that has produced the Mview® solution. This innovative collaboration delivers a market-leading ASP platform for Wealth Management in the Canadian market."

Solution Challenges Addressed

CGI required a data hub to maintain current and historical portfolio data, isolated from the MPower production database. The data hub was to be scalable, secure with real-time capabilities. CGI required a feature-rich, browser-based environment from which MPower clients could query, "slice & dice" and report portfolio information, customized to their requirements, without incurring the time delay and expense of creating conventional hard-coded reports.

Following an extensive technical due diligence review, CGI recognized that Netik’s InterView Investment Hub met its information access requirements, and provided the most reliable, cost-effective strategy for enhancement of CGI’s outsourced services. Colin Close, Netik’s CIO says, "Netik’s technology is a perfect match for CGI’s requirements not just because of the closeness of fit in features and functions needed, but also the requirement for unquestioned scalability and performance driven by the service levels expected from an ASP solution. Netik’s products have been rigorously shaken down over the years by leading-edge deployment in Tier 1 institutions such that we specifically deliver high performance and massively scaleable Investment-HUB and WEB PORTAL solutions for investment management, analytics and reporting."

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