Cloud-based software as a service (SaaS) supports global growth
CGI (NYSE: GIB) (TSX: GIB.A) today announced that Scotiabank, a leading multinational financial services provider, has completed the Canadian rollout of CGI’s cloud-based, customizable SaaS solution, CGI Trade360®. In the first phase of the Scotiabank initiative, CGI Trade360 is replacing the Bank’s legacy trade and supply chain applications with an integrated platform.
“This successful first project phase demonstrates the great partnership between CGI and Scotiabank, as well as CGI’s commitment to delivery excellence and innovation,” said Steve Starace, Vice President, Financial Solutions Group at CGI. “With the completion of this first milestone, Scotiabank has reinforced the Bank’s competitive position globally.”
“CGI’s Trade360 platform supports Scotiabank’s commitment to providing clients with high quality, innovative offerings and services that meet their needs wherever they do business,” said Paul LeBlanc, Senior Vice President, Trade Services and Financial Institutions, Scotiabank. “With a presence in over 50 countries, Scotiabank is in a prime position to help facilitate business for our clients across regions and borders.”
The Canadian conversion phase includes the implementation of centralized processing in Toronto, with customer service positions across Canada. The Toronto hub has a capacity to eventually serve clients in the U.S., the Caribbean, Mexico and England. Future phases may also reach out to Scotiabank operations in Latin America and Asia.