Greek Bank Live with Adaptiv

OPERATIONS AND STP

ATHENS—The National Bank of Greece (NGB), based in Athens, is now live with Sun Gard Adaptiv Operations, a risk management and processing solution, vendor officials say.

The deal, which saw Adaptiv go live in the last weeks of 2005, is a precursor to other deals expected in 2006, says Mike Hofer, regional sales manager for Sun Gard's Adaptiv. "More SunGard products will follow this year," Hofer says.

NBG is using Adaptiv Operations to manage its portfolio of over-the-counter (OTC) derivatives

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