Strata Decision Technology Completes Model Risk Certification for Full Financial Institutions Suite
CHICAGO, IL — July 16, 2025 — Strata Decision Technology, LLC (Strata), a leader in the development of cloud-based financial planning, analytics, and performance tools for financial institutions, today announced the completion of Model Risk Certification across its full Axiom® Financial Institutions Suite of products.
The company received the certification from MountainView Risk & Analytics, a leading provider of model risk management and deposit and loan behavior analytics for financial institutions. The certification marks a major milestone in Strata’s commitment to delivering meticulously governed, transparent, and reliable solutions for the nation’s banks and credit unions.
“In today’s uncertain economic environment, financial institutions are increasingly required to assess the effectiveness and risk associated with vendor-developed models,” said Eric Wheeler, Senior Director for Product Management. “This certification not only delivers that assurance, but also sets Strata apart with a high level of rigor and transparency needed to keep pace in an evolving industry.”
With this achievement, the following areas of the suite are now certified:
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Budgeting & Forecasting with Cash Flow Forecaster
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Profitability and Funds Transfer Pricing
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Relationship Profitability and Pricing
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Reporting and Analytics
MountainView’s certification offers independent, third-party assurance that the models behind the Axiom Financial Institutions Suite meet the highest standards. This recognition reinforces trust in the integrity, governance, and reliability of Strata’s solutions. It also confirms that the company’s planning and performance analytics models are sound, explainable, and responsibly governed. Ultimately, it validates that the Axiom solutions are well-managed and can be confidently used to guide critical decisions in planning, pricing, and performance.
Model Risk Certification has become a key consideration for financial institutions looking to reduce operational risk and increase confidence in the systems supporting their strategic decisions. By completing this process, Strata strengthens its position as a trusted partner in delivering sophisticated, compliant, and dependable financial planning solutions.
About Strata Decision Technology
Strata Decision Technology, LLC provides a cloud-based, enterprise performance platform for software, and data and service solutions to help organizations better analyze, plan, and perform in support of their missions. More than 2,300 organizations rely on Strata’s StrataJazz and Axiom solutions for financial analytics, planning, and performance management. Named the market leader for Business Decision Support for more than 15 consecutive years, Strata delivers first-class solutions and service, with an intense focus on accelerating innovation. For more information, please go to www.stratadecision.com.
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