Ashta.ai vs Formidium
Ashta.ai
ashta.ai
Formidium
formidium.comSide by side
| Figure | Ashta.ai | Formidium |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 2 | 0 |
| Spec score · Fund Administration Software | 8.1 (#7) | 7.4 (#17) |
| Headquarters | New York, New York, United States | Formidium lists its headquarters at 3025 Highland Pkwy, Suite 330, Downers Grove, Illinois 60515. |
| Integrations | Ashta says its integration directory contains 92 integrations, including AWS, Box, Dropbox, DocuSign, Google Workspace and Slack. | The platform describes its architecture as API-first and says it integrates with existing systems for LP reporting, capital calls, and waterfalls. |
| Security | The privacy policy says customer environments use dedicated single-tenant infrastructure with separate databases and server resources, and that data is encrypted in transit and at rest. | Formidium describes its technology environment as SOC-compliant and auditor-tested. |
| What it does | Ashta.ai describes itself as an operating system for alternative investment firms that helps general partners manage funds, investors and operations. | Formidium provides fund administration, tax, compliance and corporate services using proprietary technology. |
Plans
In their own words
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.