CGI(GIB) Prnewswire·2024-07-18 10:00Core Insights - Bladex has entered into an agreement with CGI for the implementation of the CGI Trade360 trade technology platform, marking a significant step in enhancing its trade finance capabilities [1][3][7] - This partnership positions Bladex as the first bank headquartered in Latin America to adopt the CGI Trade360 platform, which is utilized by global banks in over 85 countries [7][8] - The CGI Trade360 platform will improve Bladex's regional and global trade business, optimize letter of credit processing, and enhance working capital solutions, security, and operational transparency [8][9][13] Company Overview - Bladex, established in 1979, is a multinational bank headquartered in Panama, focusing on promoting foreign trade financing and economic integration in Latin America and the Caribbean [14] - The bank has a presence in several Latin American countries and has been listed on the New York Stock Exchange for over three decades [14] - Bladex serves a diverse client base, including financial institutions and corporations, and has representative offices in Mexico, Argentina, Brazil, Colombia, and the USA [10][14] CGI Overview - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with 90,000 professionals [15] - The company offers a comprehensive portfolio of services, including strategic IT consulting, systems integration, and managed IT services [15] - CGI's Trade360 platform supports over 50 products in traditional trade, payables, receivables, and cash management, providing a powerful digital experience for clients [9]