CGI and League Data extend outsourcing agreement to 2023

League Data, a provider of information technology services to the Atlantic Credit Union System, has renewed its outsourcing agreement with management and technology consultancy CGI. The outsourcing deal is worth $18 million, and extends to 2023.

Halifax-based League Data delivers fully integrated IT solutions to the 47 credit unions of the Atlantic Credit Union System (ACUS) in Nova Scotia, New Brunswick, Newfoundland, and PEI. As chief information officer for the ACUS, Data League implements and maintains tech solutions that drive excellent member experiences and reduce administrative and operational costs. The company was founded in 1975.

Data League’s strategy team develops and identifies new markets while seeking cutting-edge technologies. The operations team maintains day-to-day operations, monitoring network security, ATM services, and vendor contracts, among other areas. Data League’s corporate services function, meanwhile, manages administrative tasks such as human resources and financial statements. The company also support the ACUS with project management services, and engagement and communications.

The contract extension with CGI will see the Montreal-based tech consulting giant continue to manage League Data’s banking technology infrastructure, software applications, and client service desk – a task which it has performed since 2002.

"CGI has a strong track record of delivering managed services, as well as successfully delivering large and complex projects," Ian MacNeil, League Data CEO, said. "We look forward to continuing to work with CGI to deliver the products and services credit union members are seeking in today's market."

According to CGI, outsourced IT services are a core competency of the firm. The consultancy uses an outcome-based model that drives efficiency improvements and cost savings, while transforming clients into digital organizations set for long-term growth.

"We are very pleased to once again extend the long relationships we have enjoyed with League Data since 2002," Richard Pickering, VP of services to credit unions, CGI, said. "We greatly value our position as a strategic enterprise collaborator and look forward to continuing to support League Data as they assess their digital requirements."

CGI currently has a global team of 74,000 professional, and posted $11.5 billion in revenue last year.