Thomas Murray is delighted to announce a new relationship with The National Bank of Greece (NBG), one of the country’s leading Financial Services companies. Thomas Murray will assist NBG’s counterparty monitoring efforts across 30 markets by leveraging its extensive expertise in global securities markets.
NBG is a leading provider of custody services in Greece, with a wide range of Greek and Foreign institutional and private investors. Like many banks, it is facing increasing regulatory pressure to monitor the counterparties who handle its clients assets, and is eager to demonstrate its pro-active attitude to monitoring and compliance. Thomas Murray will provide monitoring of NBG’s Global Custodian and ICSD counterparties, and of its underlying network of Sub-Custodians. The monitoring service will include detailed risk and capability assessments, accessed via Thomas Murray’s market data platform, as well as Risk Rating Reports supported by newsflashes.
Simon Thomas, Thomas Murray’s Executive Chairman, said:
“We are pleased that The National Bank of Greece has chosen to appoint Thomas Murray and utilise our unique data, risk assessments and analytics, as well as our broad global coverage. The service will help NBG navigate increasingly complex monitoring requirements, in order to safeguard their clients’ assets throughout the markets in which they invest. It is a pleasure to be working with NBG, who are a first-class provider of global custody to the Greek investment community.”
Aris Divaris, NBG’s Assistant General Manager of Operations, said:
“NBG is the oldest financial institution in Greece and a major custody provider for over 80 years. We are very keen to maintain and further strengthen our position by providing top-class service within the ever evolving Custody and Asset Servicing environment. NBG selected Thomas Murray for the completeness of their solution and the reliability of their data and looks forward to a value adding collaboration.”
To discover how Thomas Murray can assist your counterparty monitoring and compliance, please contact:
Director, Global Head of Client Relationship Management
firstname.lastname@example.org |+44 (0) 20 8600 2310