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Engaged Employer
Formidium Corp
3.3
based on 185 Reviews
Company Overview
Company Locations
Working at Formidium Corp
Company Summary
Formidium Corp. is a global investment fund administration services and technology provider headquartered in Downers Grove, IL (USA).
Overall Rating
3.3/5
based on 185 reviews
14% below
industry average
Critically rated for
Job Security, Promotions/Appraisal, Salary & Benefits
Work Policy
Hybrid
83% employees reported
Monday to Friday
91% employees reported
Flexible timing
83% employees reported
No travel
84% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
7 employees reported
Professional degree assistance
6 employees reported
Job/Soft skill training
6 employees reported
Cafeteria
4 employees reported
View all benefits
About Formidium Corp
Founded in2016 (9 yrs old)
India Employee Count501-1k
Global Employee Count501-1k
India HeadquartersJaipur, Rajasthan, India
Office Locations
--
Websiteformidium.com
Primary Industry
Other Industries
Formidium Corp. is a global investment fund administration services and technology provider headquartered in Downers Grove, IL (USA). Formidium has developed its proprietary technology for fund accounting (SeamlessTM) and for Investor onboarding (CommonSubDocTM). Formidium also offers a Marketplace for alternative investments to HNWIs, family offices, and other institutional allocators.
Formidium’s operations and technology are SOC 1, SOC 2, and SOC 3 audited, ISO27001 certified, and supported by over 2 million hours of R&D and a global staff of 900.
Learn more about Formidium at www.formidium.com
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Formidium Corp Ratings
based on 185 reviews
Overall Rating
3.3/5
How AmbitionBox ratings work?
5
62
4
45
3
27
2
15
1
36
Category Ratings
3.6
Work-Life Balance
3.4
Company Culture
3.1
Skill Development
3.1
Work Satisfaction
3.1
Salary & Benefits
2.9
Promotions/Appraisal
2.7
Job Security
Formidium Corp is rated 3.3 out of 5 stars on AmbitionBox, based on 185 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Formidium Corp
based on 178 reviews
3.5
Rated by 60 Women
Rated 3.8 for Work-Life Balance and 3.4 for Company Culture
3.2
Rated by 118 Men
Rated 3.5 for Work-Life Balance and 3.4 for Company Culture
Work Policy at Formidium Corp
based on 23 reviews in last 6 months
Hybrid
83%
Work from office
17%
Formidium Corp Reviews
Top mentions in Formidium Corp Reviews
+ 5 more
Compare Formidium Corp with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.3/5 based on 185 reviews | 4.2/5 based on 667 reviews | 3.7/5 based on 1.7k reviews | 3.5/5 based on 2.1k reviews |
Highly Rated for | No highly rated category | Work-Life balance Company culture Job Security | Job Security | Job Security |
Critically Rated for | Job Security Promotion/Appraisals Salary & Benefits | No critically rated category | Promotion/Appraisals Salary & Benefits | Promotion/Appraisals Salary & Benefits Skill development |
Primary Work Policy | Hybrid 83% employees reported | Hybrid 83% employees reported | Work from office 93% employees reported | Work from office 60% employees reported |
Rating by Women Employees | 3.5 Good rated by 60 women | 4.5 Good rated by 225 women | 3.8 Good rated by 525 women | 3.9 Good rated by 439 women |
Rating by Men Employees | 3.2 Average rated by 118 men | 4.1 Good rated by 412 men | 3.7 Good rated by 1k men | 3.4 Average rated by 1.5k men |
Job Security | 2.7 Poor | 4.0 Good | 4.0 Good | 3.8 Good |
View more
Formidium Corp Salaries
3.1
rated by 185 employees for salariesSenior Associate
(176 salaries)
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â‚ą3.2 L/yr - â‚ą9 L/yr
Software Developer
(21 salaries)
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â‚ą4 L/yr - â‚ą9 L/yr
Business Analyst
(15 salaries)
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â‚ą2 L/yr - â‚ą8 L/yr
Java Developer
(12 salaries)
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â‚ą3.3 L/yr - â‚ą15 L/yr
Senior Associate Operations
(11 salaries)
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â‚ą4 L/yr - â‚ą9.7 L/yr
Financial Analyst
(10 salaries)
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â‚ą2.1 L/yr - â‚ą6.4 L/yr
Associate Software Developer
(9 salaries)
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â‚ą3 L/yr - â‚ą5 L/yr
Assistant Vice President
(9 salaries)
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â‚ą24 L/yr - â‚ą37 L/yr
Senior Vice President Operations
(7 salaries)
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â‚ą50 L/yr - â‚ą75 L/yr
Operations Associate
(7 salaries)
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â‚ą2.5 L/yr - â‚ą5.3 L/yr
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Formidium Corp FAQs
When was Formidium Corp founded?
Formidium Corp was founded in 2016. The company has been operating for 9 years primarily in the Financial Services sector.
Where is the Formidium Corp headquarters located?
Formidium Corp is headquartered in Jaipur, Rajasthan.
How many employees does Formidium Corp have in India?
Formidium Corp currently has more than 600+ employees in India. Finance & Accounting department appears to have the highest employee count in Formidium Corp based on the number of reviews submitted on AmbitionBox.
Does Formidium Corp have good work-life balance?
Formidium Corp has a Work-Life Balance Rating of 3.6 out of 5 based on 100+ employee reviews on AmbitionBox. 58% employees rated Formidium Corp 4 or above, while 42% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Formidium Corp work-life balance reviews for more details
Is Formidium Corp good for career growth?
Career growth at Formidium Corp is rated as poor, with a promotions and appraisal rating of 2.9. 42% employees rated Formidium Corp 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Formidium Corp promotions/appraisals reviews for more detailed insights.
What are the cons of working in Formidium Corp?
Working at Formidium Corp does have some drawbacks that potential employees should consider. The company is poorly rated for job security, promotions / appraisal and salary & benefits, based on 100+ employee reviews on AmbitionBox.
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