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For almost 25 years, SLIB has been a reliable partner to the financial industry, in step with the changes in the European securities landscape, by offering its customers innovative software solutions to streamline their securities processing and improve their performance, whilst mitigating their risks.
CGI Group Inc. (TSX: GIB.A) (NYSE: GIB) announce a five-year, $27M agreement that will see CGI provide IT infrastructure and software support to a recently acquired business.
When Livingston acquired the customs and trade compliance services business formerly known as Vastera in April 2012, it worked with CGI to jointly develop a transition plan to enhance its technology infrastructure and help transform its suite of applications to support its global trade and software clients.
As part of the transformation plan, CGI will simplify and upgrade the existing trade flow applications as well as centralize the current infrastructure footprint into CGI’s Data Centre in Phoenix, Arizona.
“Our business is evolving and growing quickly. We sought out an IT partner who understood our priorities, could match our pace and partner with us to transform the infrastructure and software support of our acquired global trade and software business,” said Peter Luit, CEO, Livingston International. “Over the next few months, we will work closely with CGI to transition to the new IT structure, build a new infrastructure, simplify some of the applications and enhance the software. Whether we’re working with CGI in Canada, the U.S. or in Europe, the team has been very responsive to us, understands our business and has made us their priority.”
“CGI and Livingston have both a history of successful acquisitions and we applied our own experience to support our client through this transformation,” said Doug McCuaig, President, CGI, Canadian Operations. “As a North American leader in trade flow processing, Livingston relies heavily on the technology that supports its varied clients across the world. Our global CGI team is proud to work alongside our client to ensure its clients’ information is well managed, secure and protected.”
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