Article: National Bank of Greece extends commitment to Algorithmics and Systemic for operational risk management.

M2 PRESSWIRE-3 November 2009-Algorithmics: National Bank of Greece extends commitment to Algorithmics and Systemic for operational risk management(C)1994-2009 M2 COMMUNICATIONS

RDATE:03112009

Toronto/London/Athens -- Algorithmics announced today that National Bank of Greece (NBG), the largest financial institution in Greece, has selected Algorithmics' operational risk solution, Algo OpVar, to meet its operational risk management requirements.

NBG performed a thorough evaluation of vendor solutions before selecting Algorithmics' operational risk solution. The selection extends NBG's existing market risk relationship with Algorithmics and is a ...

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