Enter the World
of Seamless Fund Administration
Formidium solves your investment back office using proprietary web technology
$ 25 BN+
AUA
950+
CLIENTS
1000+
EMPLOYEES
4
OFFICES AROUND GLOBE
AMLO Roles & Responsibilities
Have you ever wondered what it takes to be a money laundering officer? In this episode of Lumen Sessions, we have discussed the roles and responsibilities of a money laundering officer.
Progressive Technology
Our cutting-edge technology and high-touch client service is the core of everything we do.
Our proprietary platform, Seamless Solutions, consolidates and automates all the fund administration functions and reporting for our clients. Seamless Solutions is a web-based integrated solution for portfolio, fund and investor accounting that is disrupting the fund administration industry.
CommonSubDocTM is a web-based investor onboarding platform designed to help manage your investor relationships and simplify the investment process. CSD solves the challenges of managing investor activity through its comprehensive online platform.
Formidium Difference
Fund Structures Supported
Any
Some
Asset Classes Supported
Any
Some
Total Cost of Service
Low
High
Relationship Manager
Standard
Limited
Fund Accounting System (GL Based, No Spreadsheet)
Standard
Limited
Integrated Fund - Portfolio - Investor Accounting
Yes
No
Daily NAV
Standard
Extra cost
Support Daily Dealing (Investor Transactions)
Standard
Extra cost
Aggregation Of Data/Reports/Funds/Accounts
Standard
Extra Cost
Scalable Technology Solution - Large Volume Handling
Standard
Limited
Web Technology, Modern DRP
Standard
Limited
Technology, Cyber-Security Internal Controls - SOC 2 / SOC 3
Yes
No
COVID-19 Type Situation Preparedness / DRP
Always
Limited
Investor Portal
Standard
Limited
Access To Trading, Investor, Accounting Data (Read Only)
Standard
Limited
Access To Trading, Investor, Accounting Data (Read Only)
Standard
Limited
Investor Portal
Standard
Limited
Detailed Fund Document Review
Standard
Limited
Convert All Historical Data From Legacy Administrator
Standard
Limited
Memberships & Partnerships
Awards & Recognition
