Formidium

Formidium is a privately held company headquartered in Chicago, Illinois. With over 878 employees, Formidium has established itself as a prominent player in the financial services industry. The company generates an impressive $500 million in annual revenue. Formidium specializes in providing fund administration solutions tailored for the modern financial landscape. Their services cater to a diverse clientele of nearly 500 clients globally, managing assets under administration (AUA) exceeding $23.5 billion across 1,267 funds spanning various asset classes. Formidium's offerings include specialized software solutions such as Seamless Investment Backoffice for accurate fund accounting and CommonSubDoc for streamlined investor onboarding. The company distinguishes itself through its proprietary Web3 technology platform, designed to simplify fund operations and enhance scalability. Formidium has also created Alts Marketplace, a platform connecting high-net-worth individuals, family offices, and institutional allocators with alternative investment opportunities. Their commitment to excellence is reflected in their SOC 1, SOC 2, and SOC 3 audits, as well as their ISO27001 certification. Formidium can be reached through their website at formidium.com.