AdminSphere vs Formidium
AdminSphere
admsphere.com
Formidium
formidium.comSide by side
| Figure | AdminSphere | Formidium |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 0 |
| Spec score · Fund Administration Software | 7.6 (#11) | 7.4 (#17) |
| Integrations | The site says screening-provider integrations such as World-Check, Dow Jones, and ComplyAdvantage can be built using Salesforce Named Credentials and API integrations. | The platform describes its architecture as API-first and says it integrates with existing systems for LP reporting, capital calls, and waterfalls. |
| Security | The maker says the platform uses Salesforce SOC 2-certified infrastructure, multi-tenant isolation, field-level security, and four purpose-built permission sets. | Formidium describes its technology environment as SOC-compliant and auditor-tested. |
| Who it serves | The maker identifies trust companies, corporate services providers, fund administrators, management companies, and family offices as target users. | Its services target VC, PE, hedge, digital asset and other alternative funds, as well as management companies. |
Plans
In their own words
AdminSphere
AdminSphere has no write-up on Specifiction yet; its figures are above.
Formidium
Formidium provides fund administration, tax, compliance, and corporate services for alternative funds, including VC, PE, hedge, and digital asset funds. Its Seamless cloud platform handles portfolio, fund, and investor accounting across asset classes, including hedge funds, private equity, digital assets, and SPVs. Listed functions include a multi-asset, multi-currency general ledger, automated NAV calculations and allocations, investor accounting, capital calls, distributions, reconciliations, and configurable reports and data exports. CommonSubDoc supports digital subscription documents, e-signatures, KYC and AML checks, a white-labeled investor portal, customized reports, and document version control. Seamless Alts covers SPV formation and setup, onboarding, accounting, NAV reporting, tax preparation, K-1 generation, and investor reporting. Formidium also lists investor services, financial statements, audit support, and treasury services. The platform describes its architecture as API-first, with integrations for LP reporting, capital calls, and waterfalls. Pricing is available on request; the site offers a 30-minute platform walkthrough and says onboarding takes four weeks.