CGI to provide SaaS solution for Scotiabank

Thursday, August 11, 2011

Canadian IT and business process provider CGI Group (NYSE: GIB) has signed a seven-year agreement with Scotiabank (NYSE: BNS) for a global rollout of cloud-based customizable SaaS solution, the former said in a statement.

The solution, CGI Trade360, will replace multiple legacy trade and supply chain applications at Scotiabank with a single, integrated platform to enhance service to clients, reduce costs and provide visibility into its North American, Latin American, Caribbean and Asian operations.

The idea is to move toward a common global trade finance platform, allowing the bank to deliver a range of trade finance and supply chain products to clients, said Alberta Cefis, executive VP and head of global transaction banking at Scotiabank.

Start your 15 day free trial now!


Already a subscriber? Please, login