September 01, 2018

September 2018 Update: Company Search & Automated Reporting

Company Search
illumis has always allowed you to monitor all of the political contributions made on a name-by-name basis. Now, our platform also allows you to search by employer company names as well.

Most jurisdictions mirror the Federal government’s reporting requirements – including requiring reporting of employer and occupation. With this new search functionality, not only does illumis let you monitor for contributions by employee name across all 50 states, federal data, and local jurisdictions, but you can also monitor by employer name.

Date Filters
illumis’ database contains hundreds of millions of contribution records (extending back decades in some jurisdictions), giving you a fully comprehensive contribution search that is updated daily with any new records. Now, you can filter that search to just include the last 6 months, the last 2 years, or a custom date range of your choice.

Automated Reporting Functionality
With this new feature, you can generate reports that show the searches and monitoring that were in place for a given time period, and whether any records were found for those searches. You can also set these reports to automatically generate and be emailed to you on a monthly or quarterly basis.

Please Note: This post was updated in June 2020 to reflect our company’s new name: illumis


compliance updates
David Lombardy recently launched his own regulatory and compliance consulting firm, Pillar Compliance Group, to assist investment managers with the development, implementation, and ongoing monitoring of their compliance programs. In reviewing the regulatory environment around pay-to-play compliance, he saw the value in using illumis’ political contribution monitoring platform to provide the best risk coverage available for his clients.
compliance updates
For the last few months, Blucora – a FinTech company providing software solutions for wealth management and tax preparation – has waged a war against Ancora, an Ohio-based investment advisor who had acquired a minority stake in the company and sought to reconstitute Blucora’s board.
news
We are excited to announce that illumis has been named “Best RegTech Startup” in the 2021 FinTech Breakthrough Awards! The award recognizes our creativity in mitigating operational risk related to political contributions and pay-to-play risk.