In his role, Murphy will oversee several teams to develop further the company's growing business in both North and South America. He will also lead SuperDerivatives' deepening penetration into hedge fund and corporate sectors, as well as maintaining existing and establishing new senior level relationships with existing banks clients.

"SuperDerivatives has already seen outstanding success in the American markets and the company has already expanded rapidly in response," says David Gershon, chief executive of SuperDerivatives.

"To maintain our momentum, and to continue the consistent delivery of our existing and new products, it is vital that we recruit high-calibere individuals to SuperDerivatives. Tim has vast experience and is extremely well-regarded in the financial industry. I'm thrilled that he has decided to join us," he adds.

Murphy joins SuperDerivatives with more than 15 years of international sales management experience in the financial industry. His knowledge of Wall Street firms, together with his track record of information technology sales and management experience, is a major asset for SuperDerivatives.

In his previous position as executive vice president for Misys Wholesale Banking Systems, Murphy was the head of sales and the general manager responsible for improving the company's sales effectiveness in the Americas. Prior to Misys, Murphy was vice president of sales at Moneyline Telerate in New York, where he played a key role in overseeing the acquisition of Telerate from Bridge. Murphy started his career in the financial industry with Reuters, where he spent 10-years in various international sales management roles in the US and Middle East.

"SuperDerivatives has rapidly gained a reputation as being the leading innovator in derivative pricing and risk management. I'm extremely pleased to have the opportunity to join the company and play a role in helping it expand further and deliver its new cutting-edge products to the market," says Murphy.