Honored for Contributions to Advancement of Evaluations Process for Mutual Fund Industry.
2011 – Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that Al Turello, director of Evaluated Services Operations, has been named by Institutional Investor News as one of the 2011 “Rising Stars of Mutual Funds.”
He is among a select group of 17 talented professionals to be named to this prestigious listing. He was recently honored at Fund Action and Fund Directions’ 18th Annual Mutual Fund Industry Awards in New York.
Mr. Turello has worked in Interactive Data’s Evaluated Services group for more than seven years and currently oversees a team of professionals that support the evaluations process for municipal bonds, corporate bonds, structured/pass-through securities and OTC derivatives.
He has led the creation of the Company’s global evaluated pricing challenge portal, which is designed to provide audit trails and compliance reports for a firm’s pricing challenge process. The portal can provide clients with additional transparency to the overall challenge process. Mr. Turello was also instrumental in the development and management of Interactive Data’s interest rate swap valuation service and Fair Value Information Service.
Mr. Turello has hosted educational webcasts and presentations for hundreds of Interactive Data’s clients from the mutual fund industry. He has a Bachelor of Science in Finance from St. John’s University.
“Al’s key role in the development of services that we offer to our clients, coupled with his widespread knowledge of industry trends, have enabled him to help our clients navigate timely industry issues,” said Liz Duggan, managing director, Global Evaluations for Interactive Data. “He has advanced through a variety of leadership positions at the Company, and this accolade demonstrates recognition among industry participants that he is a key source of expertise.”
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 are chosen by the publishers of Institutional Investor News and represent up-and-comers whose accomplishments in and contributions to the mutual fund industry make them standout among their peers and position them as future leaders.