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20-year agreement supports Themis Program aim to modernize the justice system 

BELFAST, Northern Ireland, Sept. 23, 2024 /PRNewswire/ – CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the Department of Justice, Northern Ireland Courts and Tribunals Service (NICTS) as the delivery partner for its flagship business transformation program, Themis. The 20-year contract, valued at £85 million and led by the CGI team in Belfast, underscores CGI’s pivotal role in modernizing the justice system, enhancing efficiency, and improving access to justice services across Northern Ireland.

The Themis Program represents a significant step forward in the NICTS’s Service Modernisation Program. By redesigning court processes around the stakeholder, Themis will transform services and administrative processes across Tribunals, Civil, Family, and Criminal business areas. This ambitious transformation aims to deliver a digital-first, paper-light environment that will facilitate greater transparency, faster case delivery, and increased accessibility through virtual services.

Karen Ward, Chief Modernization Officer at NICTS, highlighted the program’s importance, stating, “The Themis Program is our cornerstone for wholescale transformation. This project will enable us to deliver improved services and enhance how we operate, with a new IT solution incrementally replacing legacy systems. The far-reaching changes will benefit not only staff and the judiciary, but also the public, legal profession, NICTS Departments, and other justice partners, offering them direct online access to better designed services that meet their needs.”

As the delivery partner, CGI will collaborate closely with the existing Themis team to implement a five-year roadmap designed to revolutionize service delivery. The transformative nature of this project is expected to drive significant efficiencies, improve service outcomes, and set a new standard in digital justice solutions.

Chris Shorthouse, Vice President – Client Engagement for Scotland & Northern Ireland at CGI, commented, “CGI is honored to be selected as the delivery partner for the Themis Program. This project marks a major advancement in the modernization of Northern Ireland’s justice system, ensuring it meets the evolving needs of all stakeholders. Our team in Belfast is proud to contribute to a program that will not only impact the present but also lay the foundation for future innovation, including the adoption of emerging technologies.”

CGI’s role in this transformation is part of a broader commitment to modernizing the UK justice system, a mission the company has supported for over 20 years. Additionally, CGI’s Digital Services Centre of Excellence in Belfast, established in February 2023, further strengthens CGI’s capacity to deliver on this critical program with the addition of at least 50 new roles.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI 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 works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organisations and accelerate results. CGI Fiscal 2023 reported revenue is CA$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

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SOURCE CGI Inc.

BEIJING, Sept. 23, 2024 /PRNewswire/ — The China Arbitration Summit 2024 & China-MENA Arbitration Summit will be held on 26 September 2024 at China World Summit Wing, Beijing. The Summit is co-hosted by China International Economic and Trade Arbitration Commission (CIETAC), United Nations Commission on International Trade Law (UNCITRAL), International Federation of Commercial Arbitration Institutions (IFCAI), and All China Lawyers Association (ACLA).  

Being the flagship event of the China Arbitration Week, the Summit is themed with “International Arbitration Transcending Eras”, inviting arbitration and legal experts from across the world to share their views on frontier and topical issues in the new era, explore the future direction of international arbitration, and jointly develop the international arbitration that transcends eras. Concurrently with the Summit, the China-MENA Arbitration Summit will be held to further strengthen communication and cooperation in international commercial arbitration, and to promote collaboration in dispute resolution between China and the MENA (Middle East and North Africa) region. 

The Summit will be a one-day event, with simultaneous interpretation of Chinese and English. The Summit will take the form of a hybrid event with global livestreaming, providing a communication platform for participants from home and abroad.  

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The digital banking platform is experiencing growth due to several factors such as surge in the number of Internet users, growth in a shift from traditional banking to online banking and rise in demand for personalized banking services.

WILMINGTON, Del., Sept. 23, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Digital Banking Platform Market by Component (Solutions and Services), Deployment Model (On-Premises and Cloud), Type (Retail Banking and Corporate Banking), and Mode (Online Banking and Mobile Banking): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the digital banking platform market was valued at $30.4 billion in 2023, and is estimated to reach $168.3 billion by 2032, growing at a CAGR of 20.9% from 2024 to 2032.

Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/5539 

Prime determinants of growth 

The global digital banking platform is experiencing growth due to several factors such as surge in the number of Internet users, growth in a shift from traditional banking to online banking and rise in demand for personalized banking services. However, security and compliance issues in digital banking platforms, lack of digital literacy in emerging countries, and technical concerns associated with new technology integration and legacy systems hinder the market growth. Moreover, growth in the usage of machine learning and artificial intelligence in digital banking platforms, along with the increase in innovative banking services offer remunerative opportunities for the expansion of the global digital banking platforms market. 

Report coverage & details:

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Segment Highlights

The solution segment is expected to lead the market during the forecast period.

By component, the solution segment held the highest market share in 2023, accounting for nearly three-fourths of the global digital banking platform market. Increase in focus on customer acquisition among bankers, rising investment in for solutions loan processing, and the effective management of established communication among bank professionals and customers are expected to drive the demand for the solution segment in the digital banking platform market.

The cloud segment is expected to lead the market during the forecast period.

By deployment mode, the on-premises segment held the highest market share in 2023, accounting for more than half of the global digital banking platform revenue and is likely to retain its dominance during the forecast period. The on-premises model is considered widely useful in large enterprises, as it involves a significant investment and organizations need to purchase interconnected servers, as well as software to manage the system, which is expected to drive market growth.

However, the cloud segment is projected to attain the highest CAGR between 2023 and 2032, owing to the adoption of a cloud strategy delivers several numbers of key benefits for businesses in the digital banking industry, such as the ease of implementation, low cost, and unlimited accessibility, which propels the growth of the cloud segment.

The retail banking segment is expected to garner the highest CAGR during the forecast period.

By type, the retail banking segment held the highest market share in 2023, accounting for almost two-thirds of the global digital banking platform revenue and is likely to retain its dominance during the forecast period. The growth is attributed to a surge in the customer base who are willing to shift towards online methods of banking, as it provides easy and convenient access to banking services. In addition, the increase in internet penetration globally contributes to this segment’s growth.

The mobile banking segment is expected to garner the highest CAGR during the forecast period.

By mode, the online banking segment held the highest market share in 2023, accounting for nearly three-fourths of the global digital banking platform revenue and is likely to retain its dominance during the forecast period. The growth is driven by an increase in preference for digitization & automation, rise in usage of Fintech, which are computer programs, and financial services supported by technology drive the growth of this segment.

However, the mobile banking segment is projected to attain the highest CAGR between 2023 and 2032, owing to the technological advancements in mobile banking such as the delivery of personalized real-time customer service through smart bots, rise in usage of mobile devices allowing users to obtain instant customer assistance, drive the market growth.

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North America to maintain its dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2023, accounting for almost two-fifths of the global digital banking platform revenue and is expected to rule the roost in terms of revenue during the forecast timeframe. The growth is driven by the constant advancements in information technology causing increased development of interactive and consumer-friendly user interfaces of the websites and applications that have led to changes in the preference of consumers for banking services.

Players

AppwayCor Financial Solution Ltd.EdgeverveFIS GlobalFiserv, Inc.nCino Inc.Oracle CorporationSAP SETemenosVsoft Corporation

The report provides a detailed analysis of these key players in the global digital banking platform. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders

This report provides a quantitative analysis of the digital banking platform market segments, current trends, estimations, and dynamics of the digital banking platform market analysis from 2024 to 2032 to identify the prevailing digital banking platform market opportunity.The market research is offered along with information related to key drivers, restraints, and opportunities.Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.In-depth analysis of the digital banking platform market segmentation assists to determine the prevailing digital banking platform market opportunities.Major countries in each region are mapped according to their revenue contribution to the global market.Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.The report includes the analysis of the regional as well as global digital banking platform market trends, key players, market segments, application areas, and market growth strategies.

Digital Banking Platform Market Report Highlights

By Component

SolutionsServices

By Deployment Model

On-PremisesCloud

By Type

Retail BankingCorporate Banking

By Mode

Online BankingMobile Banking

By Region

North America (U.S., Canada, Mexico)Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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