Fairfax, Virginia – (The Hosting News) – October 21, 2008 – A $25 million financial management services and hosting contract, has been awarded by the Federal Communications Commission, to CGI Federal, Inc., (CGI) a wholly-owned U.S. operating subsidiary of CGI Group Inc.
The Federal Communications Commission (FCC) selected CGI as the prime contractor to provide its Momentum(R) financial management software and Financial Management Line of Business (FMLOB) hosting solution as a part of the agency’s Core Financial System Replacement (CFSR) initiative.
George Schindler, President of CGI Federal remarked, ”We are proud to continue our relationship with the FCC, who has been a client of CGI for over 10 years, and help them modernize their financial system via CGI’s hosted Momentum solution. CGI is the market leader in the US Federal Government delivering a hosted financial solution that best enables agencies to improve mission support, comply with federal accounting and system standards, and modernize on a large-scale with the greatest efficiency and lowest risk.”
The 10-year award involves the FCC moving from CGI’s legacy financial management software, Federal Financial System, to Momentum. The FCC’s financial system application will be hosted at CGI’s Phoenix, AZ data center. FCC joins the General Services Administration, US Courts, Environmental Protection Agency, National Transportation Board, Broadcast Board of Governors and the Corporation for National and Community Service as clients whose financial systems applications are hosted by CGI.
Under the award, CGI will implement the Momentum Financials software suite for FCC, including Momentum Performance Budgeting and Momentum Data Warehouse. CGI will perform all integration and implementation activities, hosting, application management and ongoing operations and maintenance. In addition to providing full financial management services, CGI’s solution will deliver the added benefit of managing the Agency’s annual regulatory and application processing fees.
CGI’s end-to-end fee calculation, billing, collecting, and reporting functions will help the FCC meet its federal financial and regulatory compliance needs while enhancing customer service through consolidated licensee management.
The CGI Federal Momentum financial management software uses state-of-the art open web technology standards to simplify system deployment and enable interoperability with external systems. The web based version allows federal agencies to easily implement Momentum across their enterprise. The solution is offered as a government-certified commercial off-the-shelf product for federal agencies as well as part of a turnkey IT and business process service for federal agencies seeking new solutions under the Federal Financial Management Line of Business initiative. Over 100 U.S. federal government organizations currently use Momentum.
CGI Federal (www.cgi.comusfederal) is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to providing effective IT solutions for federal government agencies by combining over 30 years of government experience and technology skills.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 27,000 professionals in over 100 offices across 16 countries. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI’s annual revenue run rate stands at $3.8 billion and at June 30th, 2008, CGI’s order backlog was $12.03 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S and P/TSX Composite Index as well as the S and P/TSX Capped Information Technology and MidCap Indices.
To learn more, please visit: www.cgi.com.