New Appointments at SunGard

SunGard Trading and Risk Systems has appointed new presidents to lead two of its operating units: Paul Murphy as president of SunGard Collateral and Steve Husk as president of Credient/Infinity. Both Murphy and Husk will report to Jim Ashton, chief executive officer of SunGard Trading and Risk Systems.

Murphy is intimately familiar with the SunGard Collateral solution, having led the team while at Synamic Ltd for several years, where he played a key role in growing its collateral business prior to its sale to SunGard in 1999. Murphy is an experienced strategic leader who has also held senior positions at Misys, Logica and City Practitioners, where he was also chairman of the 'Summit User Forum'.

Steven Husk joins SunGard from Iris Financial Engineering, a supplier of custom-built software solutions for the capital markets, where he was managing director and chief executive. He will lead SunGard's commitment to the credit risk management market, with oversight for Credient, a comprehensive, global credit risk management and control solution delivered via an application service provider (ASP) framework. Husk's prior experience includes positions as head of sales within Oracle's European-based financial services division, and vice president of sales & marketing for Sybase in the United Kingdom and Europe. He holds an MBA from the Wharton School of Finance, University of Pennsylvania, and a degree in economics from Southampton University in England. Husk is a familiar face at SunGard, having served as senior vice president of Infinity Financial Technology between 1994 and 1999, before the subsequent re-branding to SunGard Trading and Risk Systems.

Joshua Levy, former head of Sales at Currency-ECN Matchbook FX has joined STN Treasury, the SunGard Transaction Network's FX and Money-Market trading and STP venture. Levy joined SunGard in September as head of sales for the Americas, reporting to Shawn McMorran, the London-based president of STN Treasury. At Matchbook FX, which he helped found, Levy served as senior vice president and head of institutional sales. Matchbook FX was unique in that it pioneered the first online direct matching service for FX that was available to both buy- and sell-side participants. Levy's past considerable buy-side experience includes a role as head of FX trading at Valhalla Partners in NY and one as head of derivatives at Zahr Trading, a NY-based proprietary trading and commodity-option arbitrage operation. Prior to founding Matchbook FX, Levy was with Goldman Sachs & Co. for many years where he worked on the FX desks of both New York and Tokyo.

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