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Stock Market & Financial Investment News

News Breaks
March 4, 2013
07:39 EDTGIBCGI Group wins three-year contract from CNAV, valued at EUR 5M
The Caisse nationale d'assurance vieillesse, or CNAV, has selected CGI Group to help upgrade its pension information system. The contract, which is valued at an estimated EUR 5M in total, is for one year and can be renewed twice, for a total of 36 months. The upgrade aims to improve service to pensioners and enable the system to rapidly adapt to regulatory changes.
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May 21, 2015
08:29 EDTGIBCGI partners with MMSA to offer CGI Advantage360 solution
CGI announced that it is partnering with the Michigan Municipal Services Authority to offer CGI Advantage360, a software as a service enterprise resource planning solution, to multiple Michigan localities. Initial clients under the new agreement are the City of Grand Rapids, which signed a $6.5M, five-year contract, and Kent County, which signed a $6M, five-year contract. The State of Michigan contracted with CGI in June 2014 to utilize CGI AdvantageŽ for state-wide financial management. CGI was selected by the MMSA through Michigan's MiDEAL initiative, an extended purchase program allowing local government entities to use state contracts for purchasing goods and services.
May 20, 2015
08:34 EDTGIBCGI Group and Baseline Telematics partner for insurance platform
CGI has joined forces with Baseline Telematics, a provider of usage-based insurance solutions, to integrate Baseline's end-to-end UBI platform with CGI's Ratabase rating engine. Baseline Telematics' UBI platform helps a smartphone app or a small device plugged into a policyholder's car provides real-time information on location, mileage, speed, sudden acceleration, braking, etc. to insurers, enabling them to rate and invoice insurance policies on a variable monthly basis.

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