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S9 E32: The Fund Administration Shift: Replacing Legacy Accounting Delays and Scaling Multi-Asset Shadow Ledger Systems with Shalin Madan, Co-Founder & Co-CEO of Formidium

July 16, 2024
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Code Story: Insights from Startup Tech Leaders

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Shalin Madan immigrated to the US when he was 6 years old. He spent 20 years in the financial markets, of which he got into when he was a teenager. HIs first and best memory of the industry is when Netspace IPO's, and the stock went up 300% in the first day. Outside of finance and tech, he enjoys cooking, frequents the gym, and loves to travel. He's also a learner, studying philosophy, relationships, and of course, the macro economy. Shalin found himself frustrated with working for others, which drove him into entrepreneurship. When he came across his current venture, he invested in the firm, became a part of it, and eventually, became the last co-founder, in a company administrating funds with cutting edge technology. This is the creation story of Formidium. Our Sponsors: * Check out Cash App and use my code CASHAPP10 for a great deal: https://click.cash.app/ui6m/mt82fpxl #CashAppPod. Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See terms and conditions at https://cash.app/legal/us/en-us/card-agreement. Cash App Green, overdraft coverage, borrow, cash back offers and promotions provided by Cash App, a Block, Inc. brand. Visit http://cash.app/legal/podcast for full disclosures. * Check out Plaud AI and use my code CODESTORY for a great deal: https://plaud.ai Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy