CGI named a Leader in IDC MarketScape trade finance assessment
IT services firm CGI has been recognized as a Leader in IDC MarketScape's worldwide trade finance systems assessment. The company's CGI Trade360 solution was highlighted for its comprehensive coverage.
IT and business consulting services firm CGI has been named a Leader in IDC MarketScape's Worldwide Trade Finance Systems 2026 Vendor Assessment. The report specifically recognized CGI Trade360 for its comprehensive coverage of trade finance instruments, enabling banks to modernize and adapt to evolving trade finance needs.
CGI Trade360, a solution with over two decades in the market, supports a global network of bank locations across 98 countries. The platform is currently deployed in 348 bank locations and serves over 247,000 corporate portal users. The solution recently celebrated its 25th anniversary.
According to CGI, the CGI Trade360 platform unifies traditional trade, supply chain finance, and related capabilities on a single platform. It supports various financial instruments, including letters of credit, guarantees, and forfaiting. The configurable corporate portal is available in over 14 languages, and the platform's automation features assist banks in transitioning towards more digitized and paperless processes.
IDC MarketScape evaluates technology providers based on current capabilities and future strategies. In its assessment, IDC noted CGI's strengths, including its broad functional coverage, a structured client community model, and a flexible approach to integrating emerging technologies like artificial intelligence. Client feedback also highlighted the responsiveness and support provided by CGI's team.