Formidium
6.3#8 in fund administration softwareAndroidiOSWebAPI
VisitFormidium vs Keel
What both publish
| Fact | Formidium | Keel |
|---|---|---|
| Integrations | The platform describes its architecture as API-first and says it integrates with existing systems for LP reporting, capital calls, and waterfalls. | Plaid is used as the optional bank-data aggregation provider for connected-account reconciliation. |
| Investor onboarding | CommonSubDoc supports digital subscription documents with e-signature, KYC and AML checks, a white-labeled investor portal, customized reports, and document version control. | Prospects can use branded data rooms, accreditation workflows and web subscription documents with electronic signatures. |
| Security | Formidium describes its technology environment as SOC-compliant and auditor-tested. | Keel states that it uses TLS/HTTPS in transit, AES-256-GCM application-layer encryption for sensitive data at rest, mandatory administrator MFA, role-based access, and tenant isolation. |
Formidium plans
No prices published.
Keel plans
- FreeFree
- Starter£350 a month
- Single Fund£799 a month
- Multi-Fund£1,999 a month
- Enterprise$6,000 a month
Pick Formidium if…
Formidium is aimed at fund managers using traditional or digital strategies, including onshore and offshore structures. Its accounting, investor onboarding, and fund administration services may suit teams seeking several fund operations in one platform and service offering.
Pick Keel if…
Keel is intended for private equity, venture capital, family office, search fund, and independent sponsor operations. Its investor portal and fund workflows may suit managers administering single-entity funds today.