September 26, 2019

Two New Tools for Compliance Teams

Standalone Searching and Enhanced Candidate & Committee Data

The illumis team is happy to announce two major releases for our political contribution monitoring platform. Standalone searching and enhanced candidate and committee data will help streamline workflows for compliance teams.

The new standalone search functionality makes it easy to do ad-hoc searches across our entire data set for individual contributors and companies where ongoing monitoring may not be necessary. And the enhanced candidate detail data provides additional details around the candidates and committees receiving contributions. This can significantly cut down on research time by pulling in additional details on candidate and office details.

Standalone Searches

Need to run a one-time check on an employee or new hire, but don’t need ongoing monitoring? We’ve added a new search functionality to the platform that makes these searches easy to perform - separate from the broader monitoring functionality. These searches still have all of the advanced filtering functionalities you’re able to use in monitoring to help eliminate false positives, and it is easy to export a quick report for any search.

Enhanced Candidate & Committee Data

We’re now augmenting contribution records with a substantial amount of additional candidate and office data, pulled in from separate filings and displayed across the platform. This added data will make it easier for users to see more clearly which candidate a contribution is actually going to, what position they hold or are running for, whether they are an incumbent and other details depending on the jurisdiction. Rather than having to do a lot of additional research around a contribution record, you’ll have that information pulled directly into the platform.

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


compliance updates
Last month, Compliance Week highlighted some of the compliance considerations for investment advisors (and other regulated firms) around the 2020 elections in a piece headlined “SEC ‘pay-to-play’ enforcement surge projected in 2021”. The article notes that tomorrow’s elections have spurred a massive wave of contributions - and are likely to also trigger a new wave of SEC enforcement.
compliance updates
Last month, Compliance Week highlighted some of the compliance considerations for investment advisors (and other regulated firms) around the 2020 elections in a piece headlined “SEC ‘pay-to-play’ enforcement surge projected in 2021”. The article notes that tomorrow’s elections have spurred a massive wave of contributions - and are likely to also trigger a new wave of SEC enforcement.
compliance updates
We’re continually updating our political contribution monitoring platform to better serve our customers. With the election around the corner, we’re excited to introduce our latest feature update: