Governance Authority
All deployment decisions are derived from contract certification status, findings, and approval state. User intent does not override governance.
Institutional Execution Under Contract Authority
Access certified execution contracts and deploy them only within enforced risk, governance, and capital constraints. All runtime behaviour is governed. No execution occurs outside contract authority.
Not all certified contracts are deployable. Not all deployable contracts are accessible.
Access is permissioned. Deployment eligibility is governed at both contract and account level.
Execution Principles
Enforced Risk Boundaries
Hard limits, soft limits, and sentinel conditions are enforced at runtime. Violations trigger automatic restriction, reduction, or termination of execution.
Controlled Runtime
Execution is continuously evaluated across pre-trade, active lifecycle, and post-fill states. No silent failures. All actions are observable and auditable.
Contract as Source of Truth
Execution contracts define, constrain, and enforce all runtime behaviour. No deployment occurs outside contract-defined rules.
Contract Lifecycle
Research
Strategies are developed and evaluated under controlled research conditions.
Certification
Validated strategies are compiled into execution contracts with full risk and governance metadata.
Findings
All violations of risk, exposure, and behavioural constraints are recorded as structured findings.
Adjudication
Findings require explicit approval, waiver, or rejection before deployment eligibility is granted.
Deployment Eligibility
Contracts may be deployable, restricted, or blocked depending on governance state.
Runtime Enforcement
All live execution is continuously enforced against contract rules, portfolio limits, and sentinel conditions.
Ordered flow: Research, then Certification, Findings, Adjudication, Deployment Eligibility, then Runtime Enforcement.
Platform Capabilities
Contract Registry
Browse certified execution contracts with full governance metadata, risk envelopes, and deployment eligibility states.
Contracts are not universally accessible. Visibility and eligibility are permissioned.
Governed Execution Runtime
Execute contracts within a controlled runtime environment.
All actions are evaluated against:
- contract rules
- portfolio limits
- execution constraints
- sentinel triggers
Execution can be halted, reduced, or terminated automatically.
Governance Ledger
A complete and immutable audit trail of:
- contract evaluations
- findings and adjudications
- runtime decisions
- sentinel triggers
- operator interventions
This is the authoritative record of system behaviour.
Capital & Exposure Control
Portfolio-level capital allocation and exposure are enforced at the platform level.
Contracts operate within:
- position limits
- open risk caps
- drawdown thresholds
Execution is restricted when limits are approached or breached.
Access & Deployment Control
Permissioned Access
Users are granted access to contracts based on eligibility, subscription tier, and governance approval.
Conditional Deployment
Even with access, deployment depends on:
- contract status
- active findings
- capital availability
- risk envelope compatibility
Continuous Eligibility Monitoring
Deployment eligibility is not static. Contracts and accounts are continuously evaluated. Access and execution can be restricted in real-time.
Platform positioning
Stratum is a governed execution infrastructure. It does not provide unrestricted access to strategies. It enforces controlled deployment under contract-defined rules.