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 solutions@illumis.com.

compliance updates

Pay-to-play rules and regulations, including the well-known Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC) pay-to-play-rules, have become a focal point for compliance teams navigating the midterm elections in 2022. However, even in off years, or years with no major elections, for those firms who rely heavily on government contracted work, political contribution compliance can’t just turn off.

compliance updates

Ensure employees aren’t putting your firm at risk of reputational damage or costly violations by integrating a political contribution compliance platform into your tech stack.

compliance updates

The news is out! illumis, inc. is now a COMPLY company! We’re incredibly excited about the new opportunities and benefits, this brings for you, our customers, and our organization.