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.
Location: United States, Illinois, Downers Grove
Employees: 1001-5000
Founded date: 2016
Investors 3
Date | Name | Website |
- | Humla Vent... | xbtohumla.... |
- | Humla Vent... | humla.vc |
- | Woodstock | woodstockf... |
Mentions in press and media 1
Date | Title | Description | Source |
13.03.2024 | Formidium Announces Sponsorship of Major League Soccer Club ... | - | globenewsw... |