Formidium

Formidium (f/k/a Sudrania Fund Services) is a global fund administrator powered by its proprietary Seamless Software. Seamless is an award-winning, full-scale cloud-based, fund administration application integrating portfolio, fund accounting, and investor reporting, to provide best-in-class and cost-efficient solutions to both the traditional and alternative investment fund management community.

Formidium is a technology-enabled fund administrator based in Chicago, Illinois. Founded in 2016 our 1200+ global professionals are serving 1000+ funds across the globe. We have established ourselves as a proven alternative to legacy fund administration solutions.

Developed by Formidium Technologies, the firm leverages two applications: Seamless Solutions and CommonSubDoc. Formidium Fund Services operations and technology are SOC 1, SOC 2, and SOC 3 audited.

Services we provide:
– Fund Administration
– Fund Accounting
– Investor Services
– Treasury Services
– Registrar and Transfer Agent
– Treasury Services
– Draft Financial Statements
– Audit Support
– Tax Services

Fund and investment types we serve:
– Digital Asset and Cryptocurrency Funds
– Drawdown Funds (PE, VC, Real Estate, SPVs)
– Liquid Alternatives (Hedge Funds/CPOs, Impact Funds, CTAs)
– Multi-Asset (Family Office/Endowment)

Technology we provide:
Seamless Solutions is an award-winning, cloud-based fund administration application integrating portfolio, fund accounting and investor reporting.

CommonSubDoc is an investor onboarding portal with extensive AML/KYC features and capital activity tracking using CRM technology.

Website: https://formidium.com/
Industry: Financial Services
Headquarters: Downers Grove, Illinois
Type: For Profit
Email: [email protected]
Phone: 6306425763
Founder: Manish Agrawal, Manish Sudrania, Nilesh Sudrania, Nitin Somani, Shalin Madan