Luna vs Global Relay
Global Relay is built for the world's largest firms. Luna is built for advisers.
Global Relay describes its customers as "the world's largest and most regulated organizations," across finance, legal, healthcare, energy and government. Luna is built for investment advisers, and Firm Plus archives email alongside the whole program, at a price on the page.
Why advisers choose Luna over Global Relay
An archive, and the program around it
Global Relay's site shows no calendar, policies, code of ethics, preclearance, MNPI register, Marketing Rule review or Form U4 tracking. Luna does all of it, email archive included on Firm Plus.
Built for the Advisers Act
Luna's calendar knows Form ADV, Rule 204A-1 reporting and your states' deadlines. Global Relay serves every regulated industry.
A price on the page
globalrelay.com shows no price; it asks you to get in touch. Luna's prices are published, with no setup fee.
Review with a person at the end
Luna scans each message, then an AI review quotes the words that raised it, with numbers redacted first. A person closes every item, and the record keeps who and when.
The scorecard
16 things Luna does that Global Relay's website does not show. Luna's column is what ships today.
| Capability | Luna | Global Relay |
|---|---|---|
| Price on the website | Yes. Every price, free to $1,499/mo | Not shown on their website. No price shown |
| Start without a demo | Yes. Free plan; 14-day trials, no card | Not shown on their website. Get in touch first |
| No annual contract | Yes. Month to month; cancel in the product | Not shown on their website. Not shown on their site |
| Compliance calendar | Yes. Fitted to SEC, state or ERA registration | Not shown on their website. Not shown on their site |
| Your states' deadlines and rules | Yes. Reviewed deadlines, IARD dates, cited rules | Not shown on their website. Not shown on their site |
| Policies drafted for your firm | Yes. 17 policies drafted from your answers | Not shown on their website. Not shown on their site |
| AI Marketing Rule review | Yes. Cites the rule and the page; a person approves | Not shown on their website. Not shown on their site |
| Code of ethics: gifts, OBAs, political | Yes. Gift limits measured for you | Not shown on their website. Not shown on their site |
| Personal trading preclearance | Yes. Linked brokerage accounts; every trade checked daily | Not shown on their website. Not shown on their site |
| MNPI register and insider lists | Yes. Daily SEC filing check; insiders auto-denied | Not shown on their website. Not shown on their site |
| Form U4, U5 and ADV amendment tracking | Yes. Each one dated by your strictest state | Not shown on their website. Not shown on their site |
| IAR continuing education | Yes. Per IAR, against each of their states' rules | Not shown on their website. Not shown on their site |
| SEC exam workspace | Yes. Request letter split into owned, dated items | Not shown on their website. Not shown on their site |
| Email archive and review | Yes. Included on Firm Plus | Yes. Almost any channel |
| Anonymous whistleblower reporting | Yes. No account, IP or time stored | Not shown on their website. Not shown on their site |
| AI answers from your own policies | Yes. Ask Luna, on every paid plan | Not shown on their website. Not shown on their site |
| Separate deployment per firm | Yes. Its own app and database | Not shown on their website. Private infrastructure; per-customer not stated |
✓ yes ✕ no – not shown on Global Relay's website when we read it, which is a statement about the website, not about what they may offer privately.
In Global Relay's own words
“Communications intelligence… for the world's largest and most regulated organizations.”
In detail
| Topic | Luna | Global Relay |
|---|---|---|
| Price | Calendar free, Solo $199/mo, Firm $699/mo, Firm Plus $1,499/mo. On the page, the same for every firm. No setup fee, no per-account fee. | Not shown on globalrelay.com. |
| Built for | Investment advisers, exempt reporting advisers and private fund managers. | Finance, legal, healthcare, insurance, energy and government. |
| What is archived | Email, on Firm Plus. | "Supports any communication data source." |
| The rest of the program | Calendar, state deadlines, policies, code of ethics, preclearance, MNPI register, Marketing Rule review, U4 and ADV tracking, exam workspace, Speak up. | Not shown on globalrelay.com. |
| Security | Each firm gets its own deployment and database, in the United States, with multi-factor sign-in for every user. SOC 2 Type 2 and ISO 27001 audit work underway since October 6, 2026. | SOC 2 Type II and ISO 27001. |
About Global Relay: Global Relay sells communications capture, archiving, surveillance and eDiscovery with connectors for almost any channel, across finance, legal, healthcare, insurance, energy and government. It has been independent since 1999. Sources, each read October 11, 2026: globalrelay.com, Global Relay solutions, Global Relay connectors, Global Relay security strategy. If something here is out of date, tell us at sales@lunacompliance.io and we will correct it.
Coming next in Luna
Luna ships every week. This is what is underway or next, so you are comparing against where it is going, not only where it is.
- UnderwaySOC 2 Type 2 and ISO 27001. Audit work began October 6, 2026.
- NextNet worth and bond monitor for state-registered advisers.
- NextState-aware marketing review and advisory contract review.
- ComingAnnual review workspace and mock exam prep, on Firm Plus.
Questions
- Does Global Relay publish pricing?
- Not on globalrelay.com when we checked; it asks you to get in touch.
- How long does it take to move from Global Relay to Luna?
- Sign up and your calendar is set up for your registration type and your states the same day. Luna drafts your policies from your answers about how the firm runs, and can read your filed Part 2A to propose your firm's rules, so there is no manual to rebuild by hand. Keep your old system's records as long as the books and records rules require.
Built for advisers. Priced on the page.
All comparisons. Others: Luna vs COMPLY, Luna vs Smartria, Luna vs Hadrius, Luna vs Greenboard, Luna vs ACA Group, Luna vs StarCompliance, Luna vs MyComplianceOffice, Luna vs Smarsh, Luna vs Red Oak, Luna vs Saifr, Luna vs an outsourced CCO.