National Australia Bank Goes Live with SunGard's Adaptiv for Global Risk Management.AUSTRALIA -- SunGard Asia Pacific, an operating group of SunGard (NYSE NYSE See: New York Stock Exchange :SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), today announced that National Australia Bank The National Australia Bank or NAB (ASX: NAB, LSE: NAB, NYSE: NAB, TYO: 8637 ) is part of the NAB Group. It is the largest bank in Australia by assets, and 28th largest in the world. (NAB), a leading international financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. group, has gone live with SunGard's Adaptiv for management of its global credit limits. NAB is able to centrally store credit information using Adaptiv, helping risk personnel to monitor global exposures against limits and manage exceptions on a real-time basis. NAB will also use Adaptiv to help improve its violation management and workflow, and help improve management and control of credit policies whilst reducing operating costs operating costs npl → gastos mpl operacionales and minimizing risk. David Kerr David Kerr may refer to:
The Adaptiv implementation provided NAB with a low-risk, low-cost option. Adaptiv has been implemented successfully across the globe. NAB is hosting Adaptiv centrally, with SunGard providing remote management facility services to monitor the solution and provide access across the bank's global sites. SunGard's expertise in Asia Pacific and strong presence in Australia helped it assemble an experienced project team. "NAB is building technology partners, vendors with which we can develop a strong, enduring relationship and that can service the needs of the group. SunGard fits this bill and the Adaptiv solution is proven. Adaptiv is innovative and established, and provides us with the platform for continued implementation of our risk management strategy and the tools to help us increase our operational efficiencies," said Craig Bright, chief information officer, Institutional Markets & Services, NAB. John Wilson John Wilson may refer to: Politicians
NAB is also using SunGard for credit derivatives management. Additionally, it uses SunGard's MINT for SWIFTNet connectivity, COMPASS for superannuation Superannuation An organizational pension program created by companies for the benefit of their employees. Notes: Funds deposited in a superannuation account will typically grow without any tax implications until retirement or withdrawal. processing, intelliMATCH for reconciliations and intelliSTOR for the storage and retrieval of reports. About National Australia Bank National Australia Bank (NAB) is an international financial services organisation that provides a comprehensive and integrated range of financial products and services. The Group is organised around three regional businesses in Australia, Europe and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . These regions include the retail bank brands, National Australia Bank (Australia), Bank of New Zealand Bank of New Zealand (BNZ) is one of New Zealand's largest banks. The first branch opened in Dunedin on 2 December 1861. BNZ is now owned by National Australia Bank. For a large part of New Zealand's history the banking industry was divided between Trading and Savings Banks. (New Zealand), Yorkshire Bank Yorkshire Bank is a commercial bank in England and Wales, a division of Clydesdale Bank. It mostly operates in the North of England, especially in Yorkshire. In 2006 underlying profit rose 16.7 per cent to £454m compared with a year earlier, while post tax earnings climbed 12. , Clydesdale Bank The Clydesdale Bank PLC is a commercial bank in the United Kingdom, a subsidiary of the nab Group. In Scotland, the Clydesdale Bank is the third largest clearing bank, although it also retains a branch network in London and the north of England. (United Kingdom), Northern Bank (Northern Ireland) and National Irish Bank National Irish Bank (NIB) (Irish: Banc Éireannach Náisiúnta) is a commercial bank in the Republic of Ireland, one of the traditional Big Four. In December 2004 Danske Bank agreed to purchase National Irish Bank (and Northern Bank) from the National Australia Bank (Republic of Ireland). NAB also includes Wealth Management and transactional and custodial operations. In addition, we have a global business in Institutional Markets & Services, which focuses on debt, risk management and investment products for corporate and institutional customers. About SunGard Asia Pacific SunGard Asia Pacific combines the global presence and strength of SunGard with local market knowledge and expertise. Dedicated staff members in 12 offices in 9 countries across the region are committed to providing exceptional service, leading-edge technology and integrated solutions to the Asia Pacific financial services community. Serving over 400 customers in Asia Pacific, its key principles rest on quality service and support. About SunGard SunGard is a global leader in integrated software and processing solutions, primarily for financial services. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 20,000 customers in more than 50 countries, including the world's 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $3 billion. Visit SunGard at www.sungard.com. Trademark Information: SunGard, the SunGard logo, Adaptiv, COMPASS, intelliMATCH, intelliSTOR, and MINT are trademarks or registered trademarks of SunGard Data Systems Inc. in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. |
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