SRA Watchtower

Based in Virginia, US, and founded in 2008 by Michael Glotz (CEO), Strategic Risk Associates Holdings, Inc. , aka SRA Watchtower is a financial services and technology industry technology solution provider and risk management consulting firm. In November 2022, Strategic Risk Associates Holdings, Inc. raised USD 12 million in Series B funding co-led by investors EJF Capital, JAM FINTOP, and FINTOP Capital, with participation from Access National Bank.

The firm’s client base includes Ameritradem Sterling National Bank, WesBanco, Connect One, Bank OZK, etc. As of November 2022, the company employs over 50 workers and serves above 300 clients. The firm offers an integrated risk and performance management SaaS (software as a service) technology called Watchtower™ that continuously aggregates, integrates, and normalizes all critical risk and performance indicators, monitoring and evaluating conditions, competitors, and internal performance in order to provide actionable insights. The firm’s services include enterprise risk management, merger and acquisition due diligence on prospective partners, conducting stress tests, and providing fractional support by providing interim executives to fill C-level positions, special asset officers, loan officers, credit analysts, and internal auditors.

The company intends to use the November 2022 funding to scale its Watchtower SaaS platform and boost its offerings to support fintech and digital asset risk management.