CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, today announced it was issued a patent in the United States for CGI Trade360. This is the second patent CGI has obtained for its trade services technology. The first patent was granted in 2004 for Object Tradeline, now part of CGI Trade360. The patent protects CGIâs exclusive rights to the object-oriented trade finance system designed to support clients with global, large-scale transactional workflow.
âCGI has proved itself to be ahead of the curve in trade finance, delivering Trade360 as a Software as a Service in a highly-secure, community cloud for over 10 years,â said Steven Starace, Vice-President, CGI. âThis patent underscores our commitment to driving innovation in the trade services market and delivering solutions that meet our clientsâ evolving business needs, so they can stay up-to-date with technological and functional advances at significantly reduced total cost of ownership.â
For 35 years, CGI has provided IT, business process and managed services to financial institutions around the world, including 23 of the top 25 banks in the Americas and 16 of the top 25 European banks. CGI banking-focused solutions include core banking, wealth management, trade finance, business intelligence/data warehousing and customer relationship management.