CGI, Komgo Partner to Integrate CGI Trade360 with Barclays for Enhanced Digital Trade Finance

CGI Inc. (NYSE:GIB) is one of the most undervalued technology stocks to buy according to analysts. On September 29, CGI announced a partnership with Barclays to integrate CGI Trade360, its global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform, to deliver connectivity between banks and corporates.

The solution will provide Barclays with benefits like greater transparency & transaction speed, and reduced manual entry & operating risk. The integration of Komgo with CGI Trade360 will provide corporate clients with a fully digital experience and simplify operations processing.

CGI, Komgo Partner to Integrate CGI Trade360 with Barclays for Enhanced Digital Trade Finance

The digital trade finance advancement means Barclays’ corporate clients using the Komgo platform will now benefit from a fully automated workflow with CGI Trade360 for transactions flowing to the bank. Combining Komgo’s multi-bank network with CGI’s robust processing capabilities delivers real value to both banks and corporates.

CGI Inc. (NYSE:GIB) provides IT and business process services. The company provides application development, application portfolio management, quality engineering and testing, application modernization & maintenance, DevOps transformation, and other related services.

While we acknowledge the potential of GIB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GIB and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.