Contributions to Evaluated Services and Client Service Garner Industry Praise
Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related solutions, today announced that Rob Haddad, a Director of Evaluated Services for the Company’s Pricing and Reference Data business, has been named by Institutional Investor News as one of the 2010 “Rising Stars of Mutual Funds.”
Haddad is among a select group of twenty talented professionals to be named to this prestigious listing. He will be honored at Fund Action and Fund Directions’ 17th Annual Mutual Fund Industry Awards in New York on April 15.
Haddad has been with Interactive Data for more than eight years. He was recently selected to lead the Pricing and Reference Data business’s Fair Value Information Services team, which focuses on providing mutual fund industry professionals with daily evaluated pricing for international equities, options, and futures. Recently, he was a catalyst for industry innovation, collaborating with Russell Investments to introduce first-to-market fair value adjusted global index information designed to assist mutual funds investing in foreign equity securities with performance measurements.
In the past year, Haddad was instrumental in the creation of a service, together with Interactive Data’s strategic partner, Prism Valuation, to provide valuations for loans offered in connection with the Term Asset-Backed Securities Loan Facility (TALF). He also helped introduce a new London noon valuation point for the Fair Value Information Service for equities, which can assist European-domiciled funds in meeting their fair value requirements.
Haddad holds a leadership role in representing Interactive Data at industry conferences and client board meetings, highlighting the Company’s approach to evaluated services. He has published several industry whitepapers and articles focusing on fair valuation topics. He has a Masters in Quantitative Finance from the McCallum Graduate School of Business at Bentley University.
“Rob’s wide range of contributions to our team, together with his ability to educate and help our clients navigate a variety of complex topics, has elevated his position within the mutual fund industry,” said Liz Duggan, managing director, Evaluations, Interactive Data Pricing and Reference Data. “The team at Interactive Data takes pride in our ability to provide insight into industry trends and to effectively help our clients address their challenges — and Rob is a great example of these capabilities.”
Nominations for the Rising Stars of Mutual Funds are made annually by colleagues, peers and mentors who view these professionals as emerging thought leaders of the industry. Honorees represent a variety of executive posts, including portfolio management, product development, marketing, and relationship management. The editorial staff of Institutional Investor News selects the recipients of this honor.