Mr. Murphy, Former Deputy Director of FBI, Brings Deep Expertise in Operations, Compliance, and Regulatory Strategy
NEW YORK, NY — May 6, 2021 — Apifiny, a leading global digital asset trading network, today announced Timothy Murphy has joined Apifiny’s board of directors and will serve as chairman of the compensation committee and member of the audit committee to help the company with its planned public offering in 2021. Mr. Murphy brings over 35 years of experience in operations, security, compliance, and regulatory strategy in private and public sectors. His extensive experience and knowledge includes executive operations, revenue growth, security and investigative roles at Consortium Networks, Thomson Reuters Special Services (TRSS), and the Federal Bureau of Investigation (FBI).
Mr. Murphy is a recognized leader in the business, cyber, intelligence and global law enforcement communities. He currently serves as president and chief executive officer of Consortium Networks, a cybersecurity and networking company recognized by CIO Review as one the most promising enterprise security solution providers. Prior to Consortium, Mr. Murphy was president of TRSS (2015 – 2019), a wholly-owned subsidiary of Thomson Reuters, where he currently serves as chairman of the TRSS Board. Mr. Murphy led the growth of TRSS’ revenue by 300% as the company grew from 30 to over 200 employees, including a new data science line of business.
Mr. Murphy also serves on the Western Union board of directors as chair of the compliance committee, on the board of directors for the National Center for Missing and Exploited Children (NCMEC), on The Ferris Foundation’s board of directors as a member of the audit committee at Ferris State University, and as an advisor to Glilot Capital.
“Tim brings outstanding value in global operations, compliance and regulatory knowledge and a proven track record guiding public and private global companies,” said Haohan Xu, chief executive officer of Apifiny. “His executive global operations and compliance leadership in private and public global companies will bring exceptional value to our team, our customers, and the broader market.”
Previously, Mr. Murphy spent 23 years in the FBI, where he rose to Deputy Director, a position he held upon his retirement from the Bureau in 2011. During his tenure, Mr. Murphy held a number of operational positions in a variety of field offices nationwide, investigating matters from counterterrorism to cyber and organized crime, as well as serving as the Bureau’s chief financial officer and chief operating officer.
“Apifiny has a highly experienced team with deep industry and technology expertise to seize a significant market opportunity,” said Tim Murphy, board member at Apifiny. “I am humbled to help guide the company toward a successful public offering and accelerate its mission to deliver a highly valuable, global digital asset trading platform.”
Apifiny is a leading, global digital asset trading and mining network. Apifiny unifies fragmented global trading marketplaces to provide professional traders and digital asset exchanges with simpler, faster, and more cost-effective, global trading and liquidity solutions. The company connects centralized financial institutions with decentralized networks to reimagine the global liquidity and trading value chains. Apifiny’s trading network enables professional traders to execute global, multi-exchange strategies, access deep global liquidity, superior price discovery, normalized market data, tighter spreads, and higher fill rates and capital utilization. For more information, visit https://www.apifiny.com/.