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CGI Announces over $1 Billion in Contracts for 2010

CGI Group, Inc. announced last week that it had secured $1.1 billion in contracts from financial institutions located in North America for the first quarter of the 2010 fiscal year. Under the various contracts, CGI will provide application maintenance, systems integration and IP based solutions.

Several of the contracts are also managed services contracts for multiple years. Michael Roach, president and CEO, said “We are pleased that financial services leaders continue to rely on CGI to provide them with increased competitive advantage by leveraging our comprehensive services and solutions. Financial Services continues to be a key growth vertical for CGI and these bookings further build on the strength experienced during fiscal 2009.”

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