CGI provides banks with improved working capital capabilities through new
trade finance offering
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FAIRFAX, VA,
"We were seeing a large demand from our corporate customers for accounts receivable and cash management solutions as part of trade finance" said
"We are delivering on our promise to continuously transform Proponix360 into a comprehensive end-to-end global trade and supply chain platform to meet our clients' evolving business needs." said
CGI's Proponix360 is the only trade and supply chain platform with fully integrated traditional trade, open account and cash management capabilities and is offered via software as a service (SaaS), ensuring quick time-to-market. Banks can utilize Proponix360's accounts receivable management (ARM) functionality to provide customers with highly efficient accounts receivable payment-to-invoice matching and working capital improvements through financing of open invoices.
For over 30 years, CGI has provided IT and business process services to financial institutions around the world including 24 of the top 25 banks in the Americas and 17 of the top 25 banks in
About CGI
Founded in 1976, CGI is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 26,000 professionals in over 100 offices across 16 countries. CGI provides end-to-end IT and business process services to clients worldwide from offices in
For further information: Business Development: Steven Starace, Vice-President, Banking and Investments, (212) 612-3640, [email protected]; Media: Lee LoPriore, Executive Consultant, Global Banking and Financial Markets, (843) 881-2441, [email protected]
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