SOLVE, a provider of pre-trade data and predictive pricing for fixed income markets, has promoted Michael Pellerito to the role of Senior Vice President of Innovation. This appointment underscores the company’s commitment to integrating artificial intelligence and machine learning (AIML) into its product roadmap. Pellerito is tasked with accelerating the development of AI-driven capabilities to improve model usability and workflow integration, ensuring solutions remain practical for real-world market applications.
In his new position, Pellerito will oversee high-impact projects and foster cross-functional collaboration to align technical initiatives with SOLVE’s long-term growth strategy. His mandate focuses on driving measurable improvements in efficiency and accuracy to enhance the overall client experience. By bridging the gap between technical engineering and front-office insights, he will lead the firm’s efforts to scale its innovation agenda across the fixed income securities landscape.
Pellerito has spent a decade at SOLVE, contributing to sales, product management, and financial engineering. He previously collaborated with engineering teams to design several of the firm’s core pricing and risk models. Before joining the company, he held senior leadership positions at Bloomberg, where he specialised in developing evaluated pricing models for diverse asset classes.
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