CGI Federal announced the launch of its Fraud, Waste and Abuse (FWA) Prevention Platform, now available through the Financial Management Quality Service Management Office (FM QSMO) Marketplace on the U.S. General Services Administration’s Multiple Award Schedule. The platform, built in partnership with TrackLight Inc. and running on Amazon Web Services, delivers real‑time risk detection, advanced analytics and AI‑driven automation to federal agencies’ core financial systems.
The solution integrates third‑party data and open‑source intelligence, enabling it to flag potentially fraudulent payments before they occur and maintain an auditable record of decisions. By automating the detection and review process, the platform reduces manual effort and shortens the cycle time for identifying and correcting improper payments.
Strategically, the launch expands CGI Federal’s federal‑government portfolio and aligns with the agency’s modernization and compliance goals. It is part of CGI’s broader AI‑integration playbook, which seeks to embed AI across service lines and generate incremental revenue while deepening client relationships in the public sector.
CGI’s Q4 2025 results—revenue growth of 9.7% year‑over‑year and adjusted net earnings up 10.9% to $2.13 per share—demonstrate strong financial performance. The new platform adds a high‑margin, recurring revenue stream that complements existing services and positions CGI against competitors such as SHI, InfoObjects and PwC in the federal fraud‑prevention market.
Management highlighted the platform’s impact: “The FM QSMO designation is a strong testament to the strength and reliability of CGI’s solution,” said Kerry Canfield, Vice‑President for Intellectual Property Strategy. Stephanie Mango, President of CGI Federal, added that the platform “reduces financial loss, enhances public trust, supports regulatory compliance and improves mission outcomes and service delivery.” CEO François Boulanger emphasized CGI’s focus on AI‑embedded managed services as a driver of future growth.
The launch is expected to strengthen CGI’s position in the federal market, enhance fraud prevention capabilities for agencies, and support the broader trend of AI adoption in government financial management.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.