Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

SuperDerivatives Continues Growth In Asia Pacific With Key Appointment Of Mark Wightman

Date 10/07/2007

SuperDerivatives®, the benchmark for options and the leading multi-asset derivatives platform for real time option pricing, independent revaluation, derivatives data, trading and risk management systems, has appointed Mark Wightman as Vice President of Sales for Asia Pacific.

Mark joins SuperDerivatives with13 years of industry experience. His most recent appointment was at SunGard where he was Managing Director of the Trading and Alternative Investment solutions business in Asia Pacific, responsible for sales, business development and client support. He started his career at London Business School Financial Software for Derivatives, which later became Monis and acquired by SunGard. Active in Asia since 1995, Mark resides in Singapore where he will be working from SuperDerivatives Asia Pacific headquarters.

Commenting on the appointment, David Gershon, president and CEO of SuperDerivatives said, “The continued growth of SuperDerivatives in terms of revenue, activity, scope and personnel in Asia Pacific has compelled us to recruit someone of Mark’s stature and track record to lead our strong Asian team. In the past year alone we have increased our presence in the region with office openings in Mumbai, Sydney and Hong Kong.”

“Mark brings an extensive knowledge of the derivatives and structured products trading and risk arena in all assets. He will be applying his many years of experience to extend our Asian presence in the banking, asset management and corporate sectors. Mark will be tasked with further enhancing client support and training as well as with deepening our relations and partnerships with various market players across the region. He will ensure that our Asian client needs continue to be promptly met with our on-going product development plans,” Gershon continued.

Wightman added, “Having witnessed SuperDerivatives dramatic rise in Asia over the past few years, it is indeed a pleasure to be joining the company at this stage of significant growth. As a recognized leader in multi-asset derivatives products and revaluation, we are now well poised to expand our winning position in the region - addressing the booming demand by Asian market participants who are among the most sophisticated anywhere. It is equally rewarding to be joining the company after its recent launch of multi-asset products SD-Funds and SD-Banks. Both offerings have been well received and show great potential in Asian markets as they provide a full one-stop-shop, multi-asset, cost saving, and revenue-generation solution for the needs of both sell-side and buy-side organizations respectively.”

SuperDerivatives’ products and services are used by numerous companies from both the buy and sell side. Its real-time pricing platforms are used by almost all the banks around the world, as well as numerous corporations, asset managers, hedge funds, auditors and central banks. SuperDerivatives’ Revaluation service is used by numerous banks, hedge funds, asset managers, fund administrators and auditors and is considered by many as the most accurate service in the market.

The SuperDerivatives’ benchmark option pricing model is the only publicly available and market tested model whose accuracy in generating real market prices for all types of derivatives has been proven and validated continuously for several years.

SuperDerivatives recently was recognized as Best Provider of Derivatives Data 2007 by an Inside Market Data poll.