Before i begin , yes it should work in tandem , i dont know any water cooling products but you can check manufacturer's site for the same (Mostly they do) , Also you have a mighty Full Tower , i wouldnt hesitate then.
If i have to suggest i would still suggest a Kraken G10 and a compatible Liquid CPU Cooler along with it :
Here's the link for checking the comaptible GPU and CPU Cooler , and your GPU is supported !
http://www.nzxt.com/product/detail/138-kraken-g10-gpu-bracket.html
One more thing , i have no experience in water cooling any products neither am i in a position to suggest you on the same.
Even if i have to i would just suggest a simple G10 thats all , it just works , i cant assure you that you would get amazing results , but yes as much as i have heard it from a friend of mine , it cuts your temps at GPU load to about 8-10 degrees Cel.
Even my friend didnt wanted to go the water cooling route , bcoz he was a bit afraid and seriously he didnt have any experience either.
I hope i was able to suggest you (from my point of view) a viable solution for your need.
Thanks.