Swedish insurer AMF renews contract with CGI for long-term IT management and modernization services

Stockholm - 24 November 2014

CGI (NYSE: GIB – TSX: GIB.A) and AMF have extended their long-term relationship by signing a new contract for the delivery of comprehensive IT infrastructure services over the next seven and a half years. AMF, a limited liability life insurance company, is also one of Sweden’s leading pension companies.

“We have collaborated with CGI for more than 10 years, and the company has continuously helped us to develop and evolve our IT operations,” said Camilla Larsson, insurances director at AMF. “This new agreement supports our IT strategy and will enable us to better control our costs while ensuring continued high customer satisfaction.”

AMF signed a long-term contract because it wants a long-term partner that can provide stable management while supporting AMF’s ongoing IT modernization program, the purpose of which is to phase out large-scale legacy systems and replace them with a more modern IT platform. In addition to strategic support, the contract provides for the management of AMF’s IT infrastructure and applications, as well as technical support and workstation services.

“We are very pleased AMF has renewed its trust in CGI as a partner,” said Pär Fors, senior vice president, CGI, Sweden. “We understand the industry and AMF’s challenges, and we look forward to working closely with AMF to provide comprehensive support and drive the modernization of its IT operations, enabling the company to meet evolving market demands in the most effective way possible.”

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