Fund Administrator for Hedge, Digital Assets, Mutual, PE,RE & VC Capital, Commodity Pools/CTAs, FoF and Impact funds.
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 Backoff
ice™ and CommonSubDoc™. 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 BackOffice™ 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.