Scotiabank picks CGI for payments solutions 18 September 2023Canada Reporter: Jenna Lomax
Image: Elenathewise
Canada’s Scotiabank has selected CGI’s All Payments service to support its global clients’ payments solutions.
CGI All Payments houses technology that integrates with CGI’s financial management products.
Built to ISO 20022 standards, the service supports multiple currencies, languages and payment channels.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.
CGI All Payments has also become available on Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
Matthew Parker-Jones, senior vice president, products and operations, global business payments for Scotiabank, says: “CGI All Payments provides a next-generation technology stack based on the ISO 20022 standard that complements the benefits of the SaaS delivery model and supports Scotiabank’s commitment to deliver an industry-leading payments experience.”
Robert Coakley, vice president of consulting and delivery, and CGI lead for payment solutions, says: “CGI All Payments is designed to increase system resiliency, replace legacy IT architecture and improve payment processing.
“The result enables clients to focus on their customers while easing their compliance burden — despite an ongoing evolution of the industry’s complex global regulatory environment.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Elenathewise 