Formidium

HQ
Downers Grove, Illinois, USA
566 Total Employees
Year Founded: 2016

Similar Companies Hiring

Social Impact • Payments • Other • Mobile • Fintech • Financial Services • App development
West Palm Beach, Florida
120 Employees
Utilities • Professional Services • Greentech • Financial Services • Energy • Consulting • Business Intelligence
Chicago, IL
55 Employees
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

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.


    Formidium Offices

    OnSite Workspace

    Employees work from physical offices.

    Typical time on-site: None
    HQDowners Grove, Illinois, USA