July 20, 2021

illumis Welcomes New Client: Pillar Compliance Group

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.

According to David, “A pay-to-play violation is a risk for all my clients. A client may have policies and procedures in this area, but I strongly encourage them to enhance their compliance program by testing those policies and procedures. illumis has the solution to help my clients test their compliance policies in this area and therefore mitigate this risk to their business.”

We are excited to welcome David and Pillar Compliance Group to the illumis compliance platform and look forward to supporting their compliance efforts, and helping them better serve their clients and help manage risks.

Looking to learn more about how to manage pay-to-play risks effectively? Sign up here or contact us at [email protected]

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.
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.
We are excited to announce that illumis is now officially SOC 2 certified.