Unrivaled NAV Turnaround & Reporting
Formidium Fund Services provides industry-leading NAV turnaround and customized reporting solutions at competitive prices. Our team of industry veterans has spent years building and testing a more efficient method of fund administration for clients using progressive, user-friendly, and secure technology.
Who We Are
Formidium excels in fund administration with unparalleled speed and efficiency. Our proprietary Seamless™ accounting software is considered best-in-class in enhancing productivity. Our experienced teams hold deep industry knowledge and technological expertise that give us, and our clients, a unique advantage.
Pioneering Technology
Our cutting-edge technology and first-class client service is the core of everything we do.
Our Services
Formidium offers exceptional fund administration services, leveraging multiple decades of experience and precise attention to detail. We specialize in comprehensive fund accounting, treasury, and investor services, setting us apart in financial management. Formidium provides industry-leading NAV turnaround and customized reporting solutions at competitive prices. Our team of industry veterans has spent years building and testing a more efficient method of fund administration for clients using progressive, user-friendly, and secure technology.
- Maintain full accounting and investment portfolio records
- Three-way trade and position Reconciliation
- Recording payments and expenses accruals
- Business Activity Statement (BAS) Report
- NAV calculation (Management fees, Performance Fees, carry/waterfall)
- Reporting to Trustees
- Periodic investor statement distributions
- Transparency Reporting (ATR’s)
- Investor onboarding – Manual and Virtual
- AML and KYC
- Contact management
- Manage contributions, withdrawals, exchanges and transfers of shares/ units
- Maintain register of shareholders/ Unit holders
- Process capital call and distributions
- Liaise with investors for all fund correspondence
- Managing official communication with counterparties
- Build your own materials: Marketing, Product Disclosure Statement (PDS), Fact Sheet, Due Diligence, any others
- Data Room
- Cash management
- Managing wiring instruction, access and approval models
- Monitor and pay fund expenses
- Releasing of funds after client and Fund Accounting’s approval
- Fully automated quarterly and annual financial statements, notes to accounts & highlights
- Complete audit support
Our Purpose
Experts in alternative investment funds and digital assets, Formidium leads the fund administration industry. Combining seasoned professionals with advanced technology, we are on course to become industry leaders, marked by significant recent growth.
Our Clients
Formidium assists fund managers with any of their fund strategies and structures, from traditional to digital and both onshore and offshore. We are committed to aiding our clients in achieving financial mastery.
Flexible Solutions
Successful use cases with 1000 active funds and managers
Easy Integration
Flexible integration with external sources/systems
Client Servicing
Committed client service team that spans the globe
SOC Audited
Comprehensive cyber security controls & SOC 1,2, & 3 audited