Under terms of the agreement, CGI and Desjardins will provide Canadian credit unions with access to a range of IT applications, services, and financial products. Canada’s network of co-operative financial institutions handles approximately $167bn in assets, and has over 10 million customers.
Montreal, Canada-based CGI targets five vertical markets, of which financial services is the largest. However, in the year to September 2004, revenue from financial services generated 38% of total revenue, compared to 41% the previous year.
