Formidium Wins Best Administrator for Client Service – Emerging Managers at the HFM US Services Awards 2025

October 17, 2025


Amit Arora, Managing Director

We’re proud to announce that Formidium has been recognized as the Best Administrator: Client Service – Emerging Managers at the HFM US Services Awards 2025 in New York! 🎉

This award is especially meaningful because it recognizes what we care about most: providing outstanding client service in fund administration, particularly for emerging managers in venture capital, private equity, and hedge funds.

Why client service matters to fund managers

Running a new or growing fund is no small task. Emerging managers often operate with lean teams, face rising expectations from limited partners, and are under pressure to stay audit-ready while scaling. Having the right fund administrator can make all the difference.

In short: no tech ownership = no real AI strategy. Studies indicate that proprietary systems with integrated AI can reduce operational costs by 25-40% compared to third-party solutions, which often struggle with fragmented data and limited customization.

At Formidium, our mission is to make fund operations faster, simpler, and more reliable. This means:

  • Hands-on local service - Our team works closely with managers, providing responsive support and deep expertise in VC and PE fund administration.
  • Modern technology - Streamlined audits and reduced downstream fees. For example, AI-driven contract processing in proprietary systems can cut costs by 75-90% compared to manual or third-party methods, while overall operational efficiency improves by 25-30%.
  • Partnership mindset - We view ourselves as an extension of our clients’ teams, not just a service provider.
  • Reduced risk - No vendor dependency threatening liquidity or data security. Proprietary systems lower compliance risks by 80-90% through integrated error detection and secure data pipelines.

That’s why winning this award is such a powerful validation of our approach!