Solovis Opens Public Preview of Solovis IO, Adds Former Yale Investments COO Jon Fernandez to Its Board, and Names Ryan Manougian as SVP of Sales

With Solovis IO, investment teams can begin to ask any audacious question of their portfolio and trust every answer

IRVING, Texas--(BUSINESS WIRE)--Solovis^®, a leading multi-asset-class portfolio management and analytics platform for institutional investors, today opened a public preview of Solovis IO, intelligence for the whole investment office. Jon Fernandez, former Chief Operating Officer of Yale Investments, has joined the Solovis Board of Directors and has been working with Solovis to bring the voice of the client and the market to the Solovis IO roadmap. Ryan Manougian has joined Solovis as Senior Vice President of Sales.

"We are opening Solovis IO as a public preview," said Leo Rozkin, Chief Executive Officer of Solovis. "Our clients will shape what it becomes, and they will see us move at the pace our beta clients have already seen. Jon has been in the room with our team, bringing what he hears from investment offices and the market into the roadmap, and we're thrilled to have him on the board. Ryan joins us as our Senior Vice President of Sales after 20 years in sales leadership, much of it working directly with organizations to improve outcomes through connected data. When I joined, I said Solovis should be the one place where our clients can ask any audacious question and trust every answer. Solovis IO is how we deliver on that."

In most investment offices, the hardest questions take weeks to answer, so they rarely get asked. Solovis IO is Solovis for the investment office. It is the one place where the investment team can ask those questions directly. Every answer draws on the auditable and traceable record the office already keeps in Solovis, the same data its board and compliance functions rely on.

Many of the world's largest investment offices, with more than $20T in assets under management and administration (AUM/AUA), run on Solovis. Solovis IO brings AI, reporting, dashboards, and proactive alerts into one experience powered by Solovis products, starting with Portfolio Analytics, with Risk Pro soon to follow. The public preview is open to clients and will offer Model Context Protocol (MCP) connectivity in November and reimagined reporting in the coming months.

As Chief Operating Officer of Yale Investments, Fernandez led the modernization of the endowment's technology and operations. Earlier, he spent 13 years as an executive at Bridgewater Associates, one of the world's largest hedge funds and a pioneer in systematization and artificial intelligence, and led digital transformation at VMware, a Fortune 200 infrastructure software company (acquired by Broadcom). He is Co-Founder and Chief Executive Officer of DividendAI, an agentic AI services startup powered by Insight Partners, and an advisor to Insight. He also works with investment offices on practical applications of agentic AI.

"At Yale, I learned very quickly that data availability, data quality, and calculation capabilities for allocators and LPs lag what's available for some sophisticated GPs, and there is no reason for that to be the case given the pace of model evolution. A lot of the current work in investment offices depends on questions that are hard to answer and slow to check," said Fernandez. "I've been on the front lines of what agentic AI can do, and I see a tremendous opportunity for Solovis users to be at the forefront. Solovis already holds the record that many of the largest asset owners rely on, and putting AI on top of that record is where this gets interesting. Our clients have told us they want to ask harder questions of their portfolios and get answers in time to use them. Solovis IO is designed for exactly that, and I'm excited to be part of the team building it."

Manougian joins Solovis from Upland Software, where he was Vice President of Sales. Previously, he was Senior Vice President of Sales at Bloomfire, where he led and expanded the global sales team. Across more than 20 years in enterprise software, he has built his career on mission-critical platforms that bring disparate data together in a trusted and auditable format to drive the business forward. Manougian has deep experience helping customers extend those platforms from the teams that depend on them every day to the wider organization. At Solovis, he leads the revenue team and will work closely with investment offices as they evaluate AI and related solutions.

"I've spent most of my career with organizations working to break down data silos so they can make decisions and act with intent," said Manougian. "Investment offices live with that challenge every day. Their data sits in various systems while they deal with increasing demands from a greater number of managers, more private market exposure and volatility, and more questions from their boards. Our clients imagine what is possible with AI as market hype continues, but no one has figured out a way to bring their sources together in a trusted, secure, and organized manner. We believe Solovis IO is a major step toward making this a reality."

About Solovis
Solovis is a leading multi-asset-class portfolio management and analytics platform, delivering real-time visibility across public and private markets for institutional investors. Backed by Insight Partners, Solovis gives asset owners a trusted, auditable foundation to optimize investment decision-making, streamline reporting, and enhance transparency. Solovis IO, now in public preview, powers intelligence for the whole investment office. Visit www.solovis.com.