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CGI Signs New, Expanded Three-Year Partnership Agreement With Societe Generale Corporate & Investment Banking(June 22, 2012)
MONTREAL, QUEBEC -- (Marketwire) -- 06/22/12 -- CGI Group Inc. (TSX:GIB.A) (NYSE:GIB), a leading provider of information technology and business process services, today announced the three-year renewal of a partnership agreement signed in 2010 with the Canadian group of Societe Generale Corporate & Investment Banking. Under the terms of the partnership extension, CGI will provide the bank's New York City office with application development and support services from CGI centers in Quebec.
"As a preferred global partner, Societe Generale's renewed confidence in CGI is a testament to the quality of our global delivery centers in Sherbrooke and Montreal," stated Claude Marcoux, Senior Vice-President and General Manager, Quebec, CGI. "Through the services we provide, we will continue to help Societe Generale Corporate & Investment Banking create value for its clients."
Since 2010, CGI has designed solutions adapted to the needs of Societe Generale while demonstrating an ability to provide high-quality bilingual services.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI provides end-to-end services with approximately 31,000 professionals located in offices and centres of excellence in Canada, the United States, Europe and Asia Pacific. As at March 31, 2012, CGI's annualized revenue was approximately $4.3 billion and its order backlog was approximately $13.1 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
About Societe Generale
Societe Generale is one of the largest European financial services groups. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, recognised on its markets, close to clients, chosen for the quality and commitment of its teams.
Its 160,000 employees based in 77 countries accompany more than 33 million clients throughout the world on a daily basis.
Societe Generale' teams offer advice and services to individual, corporate and institutional customers in three core businesses:
-- Retail banking in France with the Societe Generale branch network, Credit du Nord and Boursorama -- International retail banking, with a presence in Central and Eastern Europe and Russia, in the Mediterranean basin, in Sub-Saharan Africa, in Asia and in the French Overseas Territories -- Corporate and investment banking with a global expertise in investment banking, financing and global markets.
Societe Generale is also a significant player in specialised financing and insurance, private banking, asset management and securities services.
Societe Generale is included in the main international socially-responsible investment indices: FTSE4Good, ASPI, DJSI World and DJSI Europe.
For more information, you can follow us on twitter @SocieteGenerale or visit our website www.societegenerale.com.
At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 12,000 professionals present in 33 countries across Europe, the Americas and Asia-Pacific.
Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise in investment banking, global finance, and global markets.
-- For Corporates, Financial Institutions and public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives. -- For investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forwardlooking research across asset classes.
Headquartered in Montreal since 1974, and with offices in Toronto and Calgary, Societe Generale's ambition in Canada is to be the go-to international bank for its chosen clients in its selected areas of expertise: financial institutions, multinationals and governments, power and utilities, oil and gas, mining and soft commodities.
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