Update also features enhancements for further
improved productivity, compliance and security
FAIRFAX,
Va., Aug. 8, 2024 /PRNewswire/ -- CGI
Federal Inc.(CGI), the wholly-owned U.S. operating subsidiary
of CGI Inc. (NYSE: GIB) (TSX: GIB.A), announced today the release
of Momentum 8.2, the latest version of its industry-leading budget,
financial and acquisition management software. Purpose-built for
federal agencies, the solution's latest update reinforces CGI's
commitment to innovation and continuous delivery of productivity,
compliance and security features with no disruption of service to
federal clients.
Enhanced features found in Momentum 8.2 include AI-driven
automation that streamlines workflows in budgeting, financial
management and acquisitions, empowering agencies to improve
productivity and efficiency within existing resource capacity. A
new function, Momentum AI Assistant, provides tailored support to
users across the system, increasing productivity and augmenting
decision-making processes.
"Momentum 8.2 empowers federal agencies with cutting-edge
technology that helps them enhance operational efficiency," said
John B. Owens II, CGI Senior
Vice-President Consulting Delivery, Federal Solutions Group. "With
functions like Momentum AI Assistant, CGI enhances user support and
process automation customized to meet the unique needs of federal
agencies."
Momentum 8.2 also introduces fortified container security and
support, aligning with federal cybersecurity guidelines. These
enhancements reinforce CGI's commitment to safeguarding agency
operations against evolving cyber threats through various measures,
including data protection. Moreover, Momentum 8.2 ensures
compliance with mandates including G-Invoicing, SFFAS 54 and DATA
Act reporting requirements.
"CGI's commitment to innovation, compliance and security sets
Momentum apart as the leading solution purpose-built for the
federal government," said Kerry
Canfield, CGI Vice-President. "As federal agencies face
evolving and increasingly sophisticated security threats, Momentum
is built with agency security in mind — it has been authorized
for Federal Risk and Authorization Management Program (FedRAMP) and
is offered on the U.S. Treasury's Financial Management Quality
Service Management Office (FM QSMO)'s shared service marketplace,
ensuring seamless compliance with federal mandates."
CGI's Momentum solution is trusted by more than 180 federal
government organizations to manage over US$1
trillion in budgeted authority and process millions of
transactions annually. More information about Momentum can be found
here.
About CGI Federal
CGI Federal Inc., a
wholly-owned U.S. operating subsidiary of CGI
Inc., is dedicated to partnering with federal agencies to
provide solutions for defense, civilian, healthcare,
justice, intelligence, and international affairs missions.
Founded in 1976, CGI Inc. is among the largest
independent IT and business consulting services firms in the world.
With 90,000 consultants and professionals across the globe,
CGI Inc. delivers an end-to-end portfolio of capabilities,
from strategic IT and business consulting to systems integration,
managed IT and business process services and intellectual property
solutions. CGI Inc. works with clients through a local
relationship model complemented by a global delivery network that
helps clients digitally transform their organizations and
accelerate results. CGI Inc.'s Fiscal
2023 reported revenue is CA$14.30 billion and CGI Inc.
shares are listed on the TSX (GIB.A) and
the NYSE (GIB). Learn more
at cgi.com/Momentum.
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SOURCE CGI Federal, Inc.