Powering Risk-Informed Decisions Across the Entire Financial Institution

SRA Watchtower, a leader in risk and data management solutions, today announced a strategic brand evolution to Lumio Solutions, building on its earlier acquisition of Lumio Insight and extending its capabilities from enterprise risk management to a more holistic risk and business intelligence platform. The new identity reflects the company’s mission to empower community financial institutions to enact timely, data-driven decisions by transforming information into actionable insight.

In addition to adopting the name Lumio Solutions, the company is introducing Lumio 2.0, a unified web application that combines the strengths of its Watchtower Risk Suite and Lumio Insight Suite into The Holistic Risk and Business Intelligence Platform^TM, purpose-built for community banks and credit unions. Lumio Solutions recognizes that risk is no longer confined to the risk office, it is a shared responsibility across every department.

“Risk is no longer the exclusive domain and responsibility of ERM teams, operating at a distance from the rest of the organization, said Edward Vincent, CEO, Lumio Solutions. “Forward-thinking FIs are shining a light on their data, creating visibility into timely intelligence, and enlightening colleagues firm-wide to enact risk-informed decisions. We continue to believe in the principles of enterprise risk management, and this brand evolution reflects Lumio Solutions’ commitment to powering risk-informed decisions across the entire financial institution.”

Key enhancements in Lumio 2.0 include:

• Unified access to operational, financial, and risk data, reinforcing that risk is an organization-wide responsibility and opportunity.
• Configurable dashboards and timely data, enabling the progression from backward-looking hindsight to today’s insights.
• A redesigned, modern and intuitive interface that reflects not just the new brand, but enables a quicker, easier, and consistent user experience.

Matthew Switzer, Executive Vice President and Chief Financial Officer of Primis Bank, an early adopter of both SRA Watchtower and Lumio, added, "At Primis, we believe customers deserve the best of both worlds — the scale of a big bank and the personal touch of a community bank. With Lumio, we can cut through the noise, spend less time wrangling data, and focus more on building relationships and making smart, confident decisions that move our business forward."

As Vincent noted, “Risk-informed, business intelligence is about more than just managing yesterday’s risks. It’s about unlocking your institution’s unique data to gain foresight, helping leaders avoid pitfalls, steer towards opportunity, and allocate resources where they’ll have the greatest impact.”

Whether institutions are just beginning to map out their data strategy, facing pressure from stretched analytics teams, or seeking to modernize legacy systems, Lumio Solutions’ flexible engagement model meets them wherever they are in their data journey. With Lumio Solutions, banks and credit unions can modernize their processes through automated workflows and streamlined reporting, enabling leadership to spend less time managing data and more time focused on what matters most: serving customers and engaging with their local communities.

About Lumio Solutions

Our mission is to deliver risk-informed business intelligence to community financial institutions, so decision makers can spend less time wrangling data and more time focused on what matters most: serving customers and engaging with their local communities. Formed through the strategic combination of SRA Watchtower and Lumio Insight, Lumio Solutions’ modern data platform unifies risk and business intelligence into a purpose-built, AI-powered system of action, tailored for CFOs, CROs, credit officers, branch managers, and institutional leaders. For more information, visit lumiosolutions.io.

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