The appointment strengthens DataSynapse's leadership position in the financial services industry and builds on its continued growth in Europe.

In his new role, Carley will concentrate on business development for Southern Europe, focusing on France, Italy, Spain and Belgium. Tim will report into Willy Ross, managing director of Europe, Middle East and Africa (EMEA).

Since establishing the company's EMEA headquarters in London in April 2002, DataSynapse has built an impressive customer list in the region. In 2004 the company added seven new firms to its client base which now includes two top Swiss banks, three out of the top four French capital markets trading operations, three of the top four German banks, and two of the top Italian banks.

"As the momentum for grid computing continues to gain pace, we are pleased to promote someone of Tim's calibre to lead our expansion efforts in Southern Europe," said Ross. "Tim has been instrumental in growing our install base in the region. His knowledge and experience of local business practices helps us continue to expand our client portfolio and offer clients the ability to optimise their existing IT infrastructures, radically improving performance and reducing cost."

Carley joined DataSynapse from Calypso Technology, a trade processing software systems provider, where he headed up UK sales. Carley has also held senior sales positions with SunGard Trading and Risk for Benelux and with Reuters Risk Management Systems.

"I'm excited to be part of such a progressive technology firm that is dedicated to client service," said Carley. "Leveraging the success of our premier clients and our proven domain expertise in the financial services markets, I look forward to further accelerating DataSynapse’s presence in the Southern European market."