IGM Financial chooses CGI to operate and modernize its transfer agency platform

Agreement will allow CGI to help IGM accelerate its digital transformation

TORONTO and WINNIPEG, MB, July 27, 2022 /CNW/ – CGI (TSX: GIB.A) (NYSE: GIB) and IGM Financial Inc. (IGM) (TSX: IGM) have signed a strategic agreement to provide the next generation of mutual fund transfer agency platforms shift Canada.

The partnership between IGM and CGI will focus on integrating two leading mutual fund recordkeeping solutions into a single, modern platform. CGI will assume responsibility for the overall modernization of the platforms as part of the company’s IP solutions portfolio, as well as supporting IGM in the ongoing operations and delivery of the new platform through software. as a service (SaaS). This initiative continues IGM’s five-year digital transformation, which it began implementing in 2018 and has included collaboration with global technology leaders such as Google Cloud and Salesforce.

“This is another important step in our ambitious ongoing digital transformation, which has allowed us to improve the customer experience by leveraging strategic partnerships with world-class organizations such as CGI,” said Mike Dibden, Chief Operating Officer, IGM Financial. “We are delighted to work with CGI, whose breadth and depth of expertise will help us ensure a seamless transition of technology services and capabilities and allow us to focus on our core mission: improving the lives of Canadians by helping them better plan and manage their money.”

CGI will support IGM’s ongoing transformation by offering new AT application management and intelligent automation services, including technology development and testing. With extensive experience in digital transformation and application services in banking and other industries across CanadaCGI will future-proof the platform through ongoing operational efficiency and end-to-end management, while modernizing the platform over time in accordance with CGI’s proven practices of continuous intellectual property evolution.

“We are delighted to extend our successful partnership with IGM and are proud to support its ongoing digitization and growth in Canada“, said Jamie Holland, Senior Vice President of CGI’s Industry Solutions Canada business. “Our long-term collaboration with leading Canadian financial services companies such as IGM gives us a deep understanding industry challenges and goals. This, combined with the wealth management technology platform and business process services expertise of our team, enables us to provide the holistic solution and support needed to help our clients thrive. »

About CGI

Founded in 1976, CGI is one of the largest independent IT and business consulting firms in the world. With 88,500 consultants and professionals worldwide, CGI offers a portfolio of end-to-end capabilities, ranging from strategic IT and business consulting to systems integration, managed IT and business process services. business and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI’s reported revenue for fiscal year 2021 is $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more about cgi.com.

About IGM

IGM Financial Inc. is one of from Canada leading diversified wealth and asset management companies with approximately $242 billion of total assets under management and advice to June 30, 2022. The company offers a wide range of financial planning and investment management services to help more than two million Canadians achieve their financial goals. Its activities are primarily carried out through IG Wealth Management, Mackenzie Investments and Investment Planning Counsel. IGM Financial is a member of the Power Corporation group of companies. Learn more about igmfinancial.com.


For further information: Investors: Kevin Linder, Senior Vice President, Investor Relations, CGI, [email protected], +1 905-973-8363; Media: Derek Marinos, Director, Media Relations and Communications, CGI, [email protected], +1 514-210-5141; Nini Krishnappa, Assistant Vice President, Corporate Communications and Public Affairs, IGM Financial, [email protected]+1 647-828-2553

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