Latest Update 

Formidium Unveils 'Universe' for Advanced Client Billing with Cryptocurrency Payments

Formidium, a trailblazer in financial technology solutions, today announces the launch of 'Universe,' a comprehensive client revenue management system...

The Formidium Difference

Formidium
Legacy Administrators

Fund Structures Supported

All

Some

Asset Classes Supported

All

Some

Total Cost of Service

Low

High

Relationship Manager

Included

Limited

Formidium
Legacy Administrators

Fund Accounting System (GL Based, No Spreadsheet)

Included

Limited

Integrated Fund - Portfolio - Investor Accounting

Yes

No

Daily NAV

Included

Extra cost

Support Daily Dealing (Investor Transactions)

Included

Extra cost

Aggregation Of Data/Reports/Funds/Accounts

Included

Extra Cost

Formidium
Legacy Administrators

Scalable Technology Solution - Large Volume Handling

Included

Limited

Web Technology, Modern DRP

Included

Limited

Technology, Cyber-Security Internal Controls - SOC 2 / SOC 3

Yes

No

COVID-19 Type Situation Preparedness / DRP

Included

Limited

Formidium
Legacy Administrators

Investor Portal

Included

Limited

Access To Trading, Investor, Accounting Data (Read Only)

Included

Limited

Formidium
Legacy Administrators

Access To Trading, Investor, Accounting Data (Read Only)

Included

Limited

Investor Portal

Included

Limited

Detailed Fund Document Review

Included

Limited

Historical Data Conversion From Legacy Administrator

Included

Limited