NBG goes live with Smartstream’s Air 27 May 2026Greece Reporter: Tahlia Kraefft
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The National Bank of Greece (NBG) in Cyprus has gone live with Air, Smartstream’s AI-enabled reconciliation solution.
The bank has deployed Air’s Cash module and is consolidating four separate reconciliation systems for instant, cash, single euro payments area, and nostro reconciliations, into a single, intelligent platform.
The platform was deployed in three months with no existing technology to replace and Smartstream developed a custom automated encrypted file transfer solution to meet the bank’s strict data security requirements.
Andreas Anatolitis, head of accounting department, financial and accounting division, NBG Cyprus, comments: “After conducting a thorough review of the market, we selected Air because of its ability to deliver real efficiency gains and Smartstream’s ability to tailor the solution to our specific technical requirements, ensuring a secure and efficient data flow without adding operational overhead for the bank.”
Robin Hasson, product manager, Smartstream, adds: “We’re delighted to be working with NBG Cyprus. Our latest Air deployment gives the bank’s operations team greater control of its reconciliations data, supported by a custom automated encrypted file transfer solution to meet their strict data security requirements.
“The result is a robust solution that proactively flags data quality issues, whether they originate in internal data systems or in incoming bank statements.”
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