iLumen, Inc. a provider of financial information monitoring and benchmarking services, has launched Portfolio Connection -- a service for CPA firms and financial institutions who specialize in privately held clients. Portfolio Connection enables users to connect their entire portfolio to the iLumen Financial Information Network -- an online confidential information network for private companies, industry peers, advisors and institutions. "Now they've got a view of their entire business portfolio in one unified central database," said Bob Woosley, chief executive of iLumen. "To bring it all up into an information service that connects to the national network confidentially, so they can now gain a new perspective on their private-business clients by correlating their clients to their industry, credit profile and other third party financial content." Portfolio Connection is currently used by banks and CPA firms to bulk load annual financial data from their existing systems into a single repository. It also allows financial advisors to aggregate and benchmark their own portfolio, correlate it to iLumen's industry benchmarking on a national basis and combine that information with relevant third party services, such as industry content providers and credit information services.

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