The canonical actors
Operator
The institutional coordination backbone. Operators run lifecycle, compliance,
funding, issuance, audit, and execution workflows across deals.
Manager
Deal builders and sponsors. Managers configure deals, submit assets, manage
diligence, coordinate treasury, and prepare offerings for launch. Includes
deal managers, sponsors, issuers, and commodity operators.
Investor
Participants who review offerings, complete KYC / accreditation, subscribe,
e-sign, fund, and hold positions.
Treasury & Compliance
Actors who coordinate settlement, treasury operations, and the compliance
controls that gate each lifecycle transition.
Role-scoped capabilities
Permissions in Strata are capability-based. An actor’s session carries a set of capabilities derived from their relationships to deals and assets, and every surface and action is gated against those capabilities. A manager who is not scoped to a deal does not see it; an investor without a portal capability cannot reach the portal.Operators
Operators
Coordinate the institutional backbone: lifecycle transitions, compliance
oversight, funding and issuance execution, and audit. They have the broadest
operational authority but operate under policy controls.
Managers
Managers
Coordinate deal construction and investor onboarding for the deals they are
scoped to: asset submission, deal configuration, treasury setup, and
investor coordination.
Investors
Investors
Coordinate their own participation: identity, accreditation, subscription,
signature, funding, and position management.
Deterministic permissions: authority is re-derived from an actor’s current
relationships at request time — not snapshotted at login — so revoking a
relationship immediately removes the corresponding capability.
See it in motion: Deal Lifecycle
How these actors drive a deal from Draft through Active.