CGI Group Inc. (CGI) (NYSE: GIB; TSX: GIB.A), a leading provider of information technology and business process services, today announced that Banco do Brasil, the largest financial institution in Brazil and the 17th largest bank in the world, has expanded their use of the CGI Collections360TM software component, CACS Enterprise, in response to increasing volumes of business. The flexibility and scalability of CACS enables the bank to process additional customers and quickly increase capacity while maintaining the same high levels of customer service.
“CACS Enterprise has been a key component of the collections operation at Banco do Brasil for the past seven years. The solution allows us to define and control treatment down to the individual account level, so we can preserve client relationships while reducing bad debt,” said Rodolfo Scheidemantel Neto, Executive Manager - Banco do Brasil - Operating Assests Restructuring Division. “Our successful history with CGI’s CACS Enterprise led us to the decision to expand use of the solution so our collections operations can keep pace with our growth.”
“The pace of growth and opportunities for innovation in the Latin American market are significant,” said Jeff Miller, Vice President, Financial Solutions Group at CGI. “The CGI solution scales with Banco do Brasil’s operations in this high-growth market and will support them as they gain a sustainable competitive advantage over other financial services institutions in the region.”
For over 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. Our array of cloud-based, managed services for originations, third party services management, collections, payments and trade services is proven to increase efficiencies, enhance service and help financial institutions exceed their performance and strategic goals. CGI also offers multiple deployment configurations and customization options to meet each client’s unique needs.