Formidium

Formidium (formerly Sudrania Fund Services) 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 Investment BackofficeTM and CommonSubDocTM. Formidium’s fund services operations and technology are SOC 1, SOC 2, and SOC 3 audited.

Services we provide:

Fund Administration

NAV Calculation Services

Investor Services

Registrar and Transfer Agent

Treasury Services

Audit Support/Financial Statements Preparation

Fund and investment types we serve:

Digital Asset Funds

Drawdown Funds (PE, VC, Real Estate)

Liquid Alternatives (Hedge Fund/CTAs)

Multi-Asset (Family Office/Endowment)

Special Purpose Vehicles

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

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