CGI vs TTEC

CGI named a Leader in the 2026 IDC MarketScape vendor assessment of worldwide trade finance systems

CGI has been named a Leader in the 2026 IDC MarketScape vendor assessment of worldwide trade finance systems, a significant industry recognition for the company's trade finance technology leadership.

10-Q Financial Filing Analysis for CGI (2026-07-29)

Corcept Therapeutics reported strong financial results for the second quarter ended June 30, 2026, generating net product revenue of $256.1 million, a 31.7% increase year-over-year. Growth was accelerated by the commercial launch of Lifyorli (relacorilant) in combination with nab-paclitaxel for platinum-resistant ovarian cancer, which contributed $47.6 million in debut quarterly sales alongside core hypercortisolism therapies. On the regulatory and legal front, Corcept resubmitted its relacorilant NDA for endogenous Cushing's syndrome with a PDUFA date set for December 17, 2026, while the Court of Appeals affirmed a non-infringement ruling in the Teva patent litigation and denied a rehearing en banc in July 2026.

• Q2 2026 net product revenue rose 31.7% year-over-year to $256.1 million, bolstered by $47.6 million in initial sales from newly launched Lifyorli.
• Corcept resubmitted its New Drug Application (NDA) for relacorilant in endogenous Cushing's syndrome on June 17, 2026, establishing an FDA PDUFA target action date of December 17, 2026.
• The Court of Appeals affirmed a District Court ruling of non-infringement in the Teva patent litigation, with a petition for rehearing en banc denied in July 2026.

CGI Prices C$500 Million Senior Notes Offering

CGI Inc. has priced a private offering of C$500 million in senior unsecured notes, split equally between 3.25-year and 4.75-year maturities, with interest rates of 4.195% and 4.484% respectively. The offering is expected to close around September 14, 2026, and the net proceeds of approximately C$497.3 million will be used to repay existing indebtedness and for general corporate purposes. The notes are being offered in Canada on a private placement basis through a syndicate of agents led by major Canadian financial institutions including Scotiabank, Desjardins, BMO, CIBC, National Bank, RBC, and TD Securities. This financing move is part of CGI's capital management strategy to optimize its debt structure, reflecting the company's strong market position and liquidity management.

• CGI priced C$500 million in senior unsecured notes, split into two series of C$250 million each.
• The notes carry interest rates of 4.195% (3.25-year) and 4.484% (4.75-year).
• Net proceeds of ~C$497.3 million will be used for debt repayment and general corporate purposes.

TTEC launches automotive CX operation in Cairo for VW Group UK

TTEC, a global customer experience (CX) provider, announced the launch of a new customer experience operation in Cairo, Egypt, to support Volkswagen Group UK Ltd. (VWG). The operation is part of a seven-year strategic collaboration between the companies, expanding TTEC's role in VWG's customer care operations across digital and voice channels. The program utilizes TTEC's multilingual workforce and AI-enabled capabilities to deliver consistent customer experiences. TTEC entered Egypt in 2023 and now supports 11 languages from its Cairo facilities, including a Maadi Technology Park facility. The launch reinforces TTEC's position as a CX partner for the automotive industry and its investment in Egypt as a strategic delivery hub.

• TTEC launched a new customer experience operation in Cairo, Egypt, to support Volkswagen Group UK Ltd.
• The operation is part of a seven-year strategic collaboration between TTEC and VWG.
• TTEC entered Egypt in 2023 and supports 11 languages including Arabic, English, and German.

TTEC Wins $21M IRS Contract to Modernize Contact Center

The Internal Revenue Service has awarded TTEC Government Solutions a one-year, $21 million contract to operate and modernize its contact center infrastructure, supporting more than 30,000 agents and 200 million annual call events. TTEC will deploy agentic AI and monitored conversational self-service under the IRS's Taxpayer 360 initiative, layering AI onto existing systems rather than replacing them. The deal, announced Aug. 13, 2026, is part of a broader trend of federal agencies modernizing contact centers with AI, alongside larger contracts like Salesforce's $1.6 billion VA deal and its $5.6 billion Army IDIQ. TTEC aims to improve taxpayer experience by providing better contextual data to human agents, without full platform disruption.

• IRS awarded TTEC Government Solutions a one-year, $21M contract to modernize its contact center infrastructure.
• The contract supports over 30,000 customer-facing agents and 200 million annual call events, including 140 million taxpayer calls.
• TTEC will introduce agentic AI and monitored conversational AI self-service as part of the Taxpayer 360 initiative.