Stockholm, Sweden, June, 2017 -- CGI (NYSE: GIB) (TSX: GIB.A) has signed an agreement with SEB, a Nordic financial services group, for the implementation and support of its CGI Trade360 solution. Through the partnership, SEB will benefit from CGI’s global expertise in trade finance and emerging digital technologies, such as blockchain.
In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany, the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients.
The CGI Trade360 solution is a global cloud-based transaction platform that supports financial institutions’ transformation, delivering all of the software, infrastructure and support resources necessary to power their global trade business needs.
"The greatest advantage of CGI Trade360 is that it will provide our clients with a comprehensive workflow solution. It also gives us the potential to expand our trade finance offering," said Robert Pehrson, Head of Product Management at SEB Transaction Services.
"We are excited to introduce CGI Trade360 to the European market. We work with 22 out of 30 top banks globally and are an industry leader in the global trade finance area. This experience, combined with regulatory compliance capabilities, paves the way for more banks to take advantage of our leading digital trade platform," said Pär Fors, Senior Vice-President and Business Unit Leader for CGI’s operations in Sweden.
Posted by Veronica Silva Cusi, news correspondent
Date Posted: Tuesday, June 6, 2017
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