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 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.