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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:45 EDTGIBCGI Group signs 21-month contract with Desjardins
CGI announced the signing of a 21-month contract with Desjardins Group, which is being awarded as part of the acquisition project, announced last January, involving the Canadian property and casualty and life insurance operations of State Farm. To support Desjardins in the implementation of this large-scale project, which is subject to regulatory approvals, CGI will carry out work to adapt systems and convert data in areas related to vehicle and home insurance.
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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.
May 12, 2015
08:30 EDTGIBCGI Group renews contract with State of Louisiana
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07:45 EDTGIBJefferies to hold a conference
2015 Global Technology, Media and Telecom Conference is being held in Miami on May 12-14.

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