CGI to Update IT Systems of Canada’s Securities Agency

CGI has signed an agreement with the Canadian Securities Administrators to update CSA’s national information technology systems with a new digital platform that supports information management across provincial and territorial securities commissions.

The company will develop an integrated system based on a Foster Moore-created software and implement the product in stages over the next three years, CGI said Wednesday.

CGI added that the new regulatory IT system will work to secure transactions, facilitate ease of use, accelerate operations and adapt to changes in data management and analytics requirements across the Canadian regulatory environment.

Mark Boyajian, CGI Canada president of operations, said the company will combine its knowledge of Canadian regulatory systems, workflows and processes and background in digital transformation efforts to help CSA with the project.