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Cedar has been chosen to implement new financial management software for the
UK division of Canada Life.

The consultancy division of Cedar, the global Enterprise Solutions Provider,
was chosen for the implementation ahead of the competition due to its
ability to understand Canada Life’s requirements and its PeopleSoft
Financials implementation track record, backed up by excellent blue chip
references.

Cedar is implementing PeopleSoft8, the pure Internet architecture financial
management software at Canada Life’s headquarters in Potters Bar. The
project involves implementing the general ledger, accounts payable and
personal expenses modules. Further modules are also under consideration -
including planning and budgeting. This is an important element of a wider
programme to improve processes and reporting, helping Canada Life to compete
successfully in the increasingly competitive UK Financial Services
marketplace.

A detailed requirements analysis for the PeopleSoft8 financial system has
already been completed and the implementation is underway and progressing in
line with the project plan.

Rob Paulding Cedar Business Development Manager commented: “This is a
significant win for us because it was our first PeopleSoft8 Financials win,
coming close on the heels of the product release. Consequently we will have
an early, household name reference, and the opportunity to explore other
aspects of the programme that Cedar can support.”

Canada Life’s Peter Hanney, Finance Systems Programme Director, said: “Cedar
impressed us because of its extensive experience, interactive design
approach and the quality of the individual team members.”

Ends

Notes to editors


About Cedar

Cedar is a global consulting, applications and outsourcing firm which is
headquartered in the UK and has a 1500-strong team operating from 45 offices
over four continents. Projects range from the delivery of individual
business applications for local governments to global consulting on change
management for some of the largest companies in the world.
Cedar’s unique business model delivers value by combining its own technology
capabilities with those of our partners and with customers’ existing
solutions. Where appropriate, we will also manage operations. Cedar has
relationships with a range of enterprise software component companies,
ensuring continued delivery of the best solutions available in the market.

For more information please visit www.cedar.com or contact Matt O’Donnell on
email matt.odonnell@cedar.com or +44 (0)1932 584 035.

Canada Life

Founded in 1847, The Canada Life Assurance Company is the oldest Canadian
life assurance company and commenced operations in the United Kingdom in
1903. With assets under management of over £23 billion, the Canada Life
group serves approximately 10 million people through individual and group
contracts.

Canada Life operates in the UK through its wholly-owned subsidiary, Canada
Life Limited. The Canada Life Marketing Group consists of Canada Life
Limited, Canada Life Management (UK) Limited (regulated by IMRO) and Canada
Life International
Limited. All these companies are regulated by the Personal Investment
Authority.

Canada Life Limited, Registered office: Canada Life Place, Potters Bar,
Hertfordshire, EN6 5BA. Registered in England No: 973271. Member of the
ABI. Tel 01707-651122, Fax 01707-646088


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