SOLVE Promotes Michael Pellerito to SVP of Innovation

Pellerito to lead AI-driven product development and advance firmwide innovation strategy

STAMFORD, Conn.--(BUSINESS WIRE)--SOLVE, a leading provider of pre-trade data and predictive pricing for fixed income securities markets, today announced the promotion of Michael Pellerito to Senior Vice President of Innovation. This appointment reflects SOLVE’s continued focus on embedding artificial intelligence and machine learning (AIML) across its product roadmap and scaling its innovation strategy to support long-term growth and client value.

In his new role, Pellerito will lead SOLVE’s efforts to accelerate the development and deployment of AI-driven products and capabilities across the business. He will be responsible for aligning AIML initiatives with the firm’s broader strategic priorities, overseeing the execution of high-impact projects, and guiding cross-functional collaboration to ensure solutions are practical, intuitive, and informed by real-world market experience. His mandate includes advancing SOLVE’s innovation agenda by enhancing model usability, improving integration across workflows, and driving measurable gains in efficiency, accuracy, and client experience.

Pellerito brings a decade of experience at SOLVE, where he has contributed across sales, product development, product management, data, and financial engineering. He has worked closely with AIML and engineering teams to design and implement many of the company’s most impactful pricing, valuation, and risk models. His ability to bridge deep technical expertise with front-office insight has played a key role in advancing SOLVE’s platform and makes this promotion a natural progression for both Pellerito and the organization. Prior to joining SOLVE, he held senior roles across the financial industry, including leadership positions at Bloomberg, where he helped develop and scale evaluated pricing models across a wide range of fixed income asset classes.

“Michael has been instrumental in building and advancing many of the core models that underpin our platform today,” said Eugene Grinberg, Co-Founder and CEO of SOLVE. “He has a rare ability to pair his experience as a practitioner across credit markets with deep technical knowledge. There is a bit of magic in that combination, which makes him uniquely positioned to lead our AIML innovation strategy.”

“SOLVE has always been a company that embraces innovation, and I’m excited to help shape the next generation of AI-powered products and processes,” said Pellerito. “Over the past decade at SOLVE, I’ve had the opportunity to work across teams to develop solutions that address real client challenges. I look forward to continuing that work by helping scale our AIML capabilities, strengthening collaboration across the organization, and advancing the next generation of data-driven products.”

Pellerito holds a Bachelor of Engineering in Electrical Engineering from the State University of New York at Stony Brook and an MBA in Corporate Finance and Entrepreneurship from Fordham University. His academic work included the development of a neural network model designed to predict stock market price movements.

About SOLVE

SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in Fixed Income markets. For more information, visit https://solvefixedincome.com.