Technology

Credit Union Central of Manitoba, SaskCentral, and Alberta Central Announce Sale of Celero business to CGI

Published

2 years ago

July 4, 2024

WINNIPEG, MB, CALGARY, AB, and REGINA, SK, July 4, 2024 /CNW/ – Credit Union Central of Manitoba (CUCM), Credit Union Central of Saskatchewan (SaskCentral), and Credit Union Central of Alberta (Alberta Central) have reached a definitive agreement to sell the business of Celero, a leading provider of IT solutions to credit unions and financial institutions across Canada, to CGI (NYSE: GIB) (TSX: GIB.A), a leading global IT and business consulting services firm. This strategic transaction aims to position the Canadian credit union system as a technological innovator in the financial services industry for years to come.

Under the terms of the agreement, CGI will acquire Celero’s services and business which includes core banking, digital banking, managed services, integration, and security. The majority of Celero’s employee base will also join CGI, who is committed to providing support and resources to ensure a smooth transition for all new employees.

“CGI is the ideal partner to continue the legacy of outstanding service Celero has established,” said Curtis Wennberg, CEO, CUCM and Chair of Celero. “We believe this transaction will provide a great path forward for the credit union system overall as well as for Celero’s employees. Combining Celero’s expert knowledge of credit unions’ needs with CGI’s global portfolio of services and solutions will create new opportunities for growth and innovation in the credit union system.”

The owners of Celero have been evaluating the most sustainable and scalable ownership structure to support the evolving needs of the credit union system. After a thorough review, the owners agreed that the acquisition of its business by CGI would be a strategic fit, allowing CGI to further develop and expand its services while offering continuity and enhanced capabilities to Celero’s clients.

“We believe this agreement is in the best interests of the Canadian credit union system,” said Stephen Fitzpatrick, CEO, SaskCentral. “CGI’s extensive experience in serving the credit union sector will ensure the ongoing delivery of stable and innovative solutions for our credit unions.”

“Celero has been instrumental in delivering technology solutions that support the credit unions’ unique needs,” said Benjamin Chappell, CEO, Alberta Central. “Together with CGI, we are committed to ensuring continuity of service for Canadian credit unions through the transition.”

“We extend a warm welcome to Celero’s team and the valued banking expertise each person brings to clients and now to CGI,” said Michael Godin, President, Canada operations at CGI. “This acquisition aligns with our strategic goals and enhances our capabilities to best partner with our clients. The addition of Celero’s operations will further deepen CGI’s presence and positioning across Canada for this important sector which serves hundreds of thousands of Canadians nationwide. This transaction is consistent with our build and buy profitable growth strategy, while acting as a catalyst for future organic growth.”

As a result of this transaction, CGI will enhance and expand its services to credit unions. CGI has been serving Canadian credit unions with a range of innovative digital offerings, including core and online banking solutions and professional services for nearly 30 years.

About Celero

Celero is a leading provider of IT solutions to credit unions and financial institutions across Canada. Known for its expertise in core banking services, Celero has been instrumental in delivering technology solutions that support the financial services sector’s unique needs for over 20 years. Celero was established as a joint venture among the three Prairie Centrals, to provide core banking and other technology solutions to credit unions.

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 organizations and accelerate results. CGI Fiscal 2023 reported revenue is C$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

About Credit Union Central of Manitoba (CUCM)

CUCM is the trade association and service provider for Manitoba’s credit unions. CUCM advocates on behalf of its members on sector priorities, manages liquidity reserves, monitors credit granting procedures, and provides support in multiple areas including system governance. CUCM also provides services to its members in the areas of treasury, credit adjudication, human resources, compliance, strategic consulting, and more. Manitoba credit unions jointly own CUCM and representatives sit on its board of directors. CUCM is financed through assessments and fee income derived through its operations.

About SaskCentral

SaskCentral is owned by, and is the liquidity manager for, Saskatchewan’s credit unions. By aggregating statutory liquidity deposits, SaskCentral facilitates clearing and settlement, provides credit facilities that support daily cash flow management, coordinates emergency liquidity support and provides investment management services. SaskCentral also maintains business relationships with, and investments in, a number of entities on behalf of Saskatchewan credit unions.

About Alberta Central

Alberta Central is the central banking facility and trade association for Alberta’s credit unions. Alberta Central offers credit unions in Alberta innovative products and services, thought leadership, research and analytics from The Intelligence Centre, advocacy on priority system issues, lending and liquidity management products, and much more. It also supports building awareness of the credit union difference through the Credit Unions of Alberta brand.

SOURCE Canadian Credit Union Association Cooperative

Technology

Monnit Introduces NIST Detachable Leads to Streamline Compliance Monitoring

Published

56 minutes ago

June 18, 2026

New hot-swappable lead architecture reduces downtime, simplifies recertification, and helps organizations maintain continuous monitoring.

SALT LAKE CITY, June 18, 2026 /PRNewswire/ — Monnit announced new NIST Standard and Low Temperature and Humidity Detachable Leads for compatible ALTA® Sensor Bases designed to simplify sensor recertification, reduce downtime, and support continuous compliance monitoring.

“Organizations shouldn’t have to choose between maintaining compliance and operational continuity,” said Brad Walters, Founder and CEO of Monnit. “Our detachable lead architecture allows customers to hot-swap certified leads in minutes while preserving traceability and keeping trusted monitoring programs running.”

Each NIST Detachable Lead is uniquely calibrated and designed to support traceability requirements aligned with the National Institute of Standards and Technology (NIST) standards.

Rather than removing and shipping an entire sensor for recertification, customers can disconnect only the lead, connect a certified replacement, and send the original lead for recalibration. This approach is ideal for pharmaceuticals, healthcare facilities, laboratories, food storage operations, manufacturing environments, and other applications that require calibration records.

In addition to these hot-swappable, removable leads or cables with probes, we offer short Monnit Standard Temperature and Humidity Detachable Non-Leaded Probes that you can connect to compatible sensor bases.

Each NIST Detachable Lead or Probe connects to compatible ALTA Industrial and Enterprise Sensor Bases via sealed, keyed M8 6-pin connectors designed for field installation. Embedded memory within the lead stores unique lead and sensor identification, calibration data, certification information, and traceability records.

Key features and benefits include:

Hot-swappable lead replacement that minimizes downtime and monitoring interruptionsNIST-traceable calibration support and ISO 17025-accredited lab certificationSupport for FDA 21 CFR Part 11 workflows and audit programsAutomatic synchronization of calibration information with iMonnit® SoftwareLogging of lead connection and disconnection events in iMonnitHot-swapping capability while powered on or off for easier servicing

Monnit and its accredited lab partner, Sensor Calibrations, provide 25-month certificates for NIST Detachable Standard Temperature Leads and 13-month certificates for NIST Detachable Low Temperature and Humidity Leads.

Compatible ALTA Sensor Bases automatically recognize connected lead types and maintain digital maintenance records, helping organizations avoid monitoring gaps caused by traditional recertification.

About Monnit Corporation
The origin story of the Internet of Things (IoT) begins with Monnit. Before our inception in 2010, we were already at the forefront of embedding technology into machines and devices to enable them to talk and deliver valuable data to business leaders. Monnit Remote Monitoring Solutions for nearly any industry use case have delivered 72B+ data points in 130+ countries for 90K+ customers. Monnit’s 80+ long-range IoT sensors remotely monitor many conditions such as temperature, light, humidity, water, vibration, pressure, and more. You can analyze data using iMonnit cloud software and get alerts via email, text, push notification, or call when our sensors detect a change you should know.

Media Contact:
David Hill
Marketing Communications
801-505-8172
417089@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/monnit-introduces-nist-detachable-leads-to-streamline-compliance-monitoring-302803906.html

SOURCE Monnit

Technology

Monnit Introduces NIST Detachable Leads to Streamline Compliance Monitoring

Published

56 minutes ago

June 18, 2026

New hot-swappable lead architecture reduces downtime, simplifies recertification, and helps organizations maintain continuous monitoring.

Each NIST Detachable Lead is uniquely calibrated and designed to support traceability requirements aligned with the National Institute of Standards and Technology (NIST) standards.

Key features and benefits include:

Compatible ALTA Sensor Bases automatically recognize connected lead types and maintain digital maintenance records, helping organizations avoid monitoring gaps caused by traditional recertification.

Media Contact:
David Hill
Marketing Communications
801-505-8172
417089@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/monnit-introduces-nist-detachable-leads-to-streamline-compliance-monitoring-302803906.html

SOURCE Monnit

Technology

deepset Joins HPE’s Unleash AI Program to Accelerate Sovereign Agentic AI

Published

56 minutes ago

June 18, 2026

SAN JOSE, Calif., June 18, 2026 /PRNewswire/ — deepset, the company behind Haystack, the production-ready open-source AI agent framework and platform, today announced it has joined the HPE Unleash AI partner program to help government, defense, and regulated enterprises deploy production-grade AI systems in sovereign, self-hosted, and air-gapped environments.

As part of the collaboration, deepset will leverage the Haystack Enterprise Platform, deepset’s platform for building, orchestrating, and governing AI agents and applications, and HPE’s AI ecosystem and infrastructure portfolio to help organizations rapidly identify and operationalize high-value AI use cases while reducing deployment complexity and risk. This enables customers to access AI-ready infrastructure, strategic guidance, and accelerated pilot execution to address their most challenging AI adoption and operationalization needs.

Together, the companies enable organizations to deploy AI agents, multi-agent systems, and Retrieval-Augmented Generation (RAG) applications on self-hosted, sovereign, and air-gapped infrastructure while maintaining full ownership over sensitive and classified data, models, and AI operations.

Customers can leverage the joint architecture to operationalize governed AI applications faster while maintaining the security, compliance, and deployment flexibility required for sovereign and mission-critical environments.

The HPE Unleash AI partner program is a curated ecosystem, combining ISV solutions that go through comprehensive validation testing with engineered HPE AI systems, including HPE Private Cloud AI and the broader HPE AI Factory with NVIDIA solutions, to deliver the performance, security, and scalability enterprises need for production AI. By joining the program, deepset expands access to governed AI platform capabilities designed for organizations operating in highly regulated environments, including public sector, defense, cybersecurity, and enterprise industries.

The Haystack Enterprise Platform enables organizations to:

Build and govern AI agents, multi-agent systems, and RAG applicationsDeploy AI on self-hosted, private cloud, and air-gapped infrastructureOrchestrate modular AI pipelines across models, databases, and enterprise systemsEnforce governance, auditability, and lifecycle management for production AISupport sovereign AI initiatives aligned with European and national security requirements

The collaboration builds on deepset’s experience supporting sovereign AI initiatives with organizations including the European Commission, the German Ministry of Research, Technology and Space (BMFTR), and other government, defense, and enterprise organizations deploying sovereign AI systems under strict governance and security requirements.

“With agentic AI moving into operational deployment, organizations need infrastructure and AI platforms they can control and trust,” said Milos Rusic, CEO and co-founder of deepset. “The challenge is getting agentic systems into production while maintaining control over infrastructure, governance, and sensitive data. Together with HPE, we’re helping customers deploy governed AI systems faster across highly regulated and mission-critical environments.”

Use cases supported through the joint architecture include:

Sovereign AI platform for public sector & regulated industry institutionsSovereign AI intelligence and decision-support systems for classified operationsCybersecurity investigation and threat analysisAI agents for technology, manufacturing, research, legal, and financial workflows

“The Unleash AI program is designed to help organizations deploy AI solutions faster and with greater operational confidence,” said Robin Braun, Vice President of AI Business Development, Hybrid Cloud, HPE. “Together, HPE and deepset are delivering secure, governed AI solutions that combine enterprise-grade infrastructure with flexible and governed AI agent capabilities to help customers operationalize AI across hybrid, sovereign, and classified environments.”

For more information, visit https://www.deepset.ai

About deepset

deepset is the company behind Haystack, the leading open-source framework and platform for building production-grade AI applications and agentic systems. deepset enables enterprises and public sector organizations to develop, deploy, and govern flexible AI applications powered by their choice of large language models, enterprise data, infrastructure, and governance policies across cloud, hybrid, and sovereign environments.

Media Contact
Steph McGuirk
417109@email4pr.com
845.269.8868

View original content to download multimedia:https://www.prnewswire.com/news-releases/deepset-joins-hpes-unleash-ai-program-to-accelerate-sovereign-agentic-ai-302803905.html

SOURCE deepset