Formula Systems (1985) Ltd. American Depositary Receipt (FSY)
XFRA 
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Formula Systems (1985) Ltd. American Depositary Receipt Profile
| Software Industry | Information Technology Sector | Guy Bernstein CPA CEO | XFRA Exchange | US3464141056 ISIN |
| IL Country | 21,900 Employees | 30 Dec 2025 Last Dividend | - Last Split | 21 Oct 1997 IPO Date |
Overview
Founded in 1985 and based in Or Yehuda, Israel, Formula Systems (1985) Ltd. is a conglomerate that delivers a broad spectrum of software solutions and IT services through its subsidiaries. The company specializes in offering both proprietary and non-proprietary software solutions, bolstered by a wide range of professional services in the information technology sector. Its extensive portfolio covers computer infrastructure, integration solutions, software product marketing and support, in addition to comprehensive learning and integration services. By navigating the complexities of IT software solutions and services, including consulting and management services, Formula Systems positions itself as a pivotal figure in the technological advancement and digital transformation of various sectors.
Products and Services
Formula Systems and its subsidiaries provide an extensive array of products and services tailored to meet the diverse needs of its clientele: - Computer and Communication Infrastructure Solutions: Offers robust solutions aimed at enhancing the computer and communication frameworks of businesses. - Software Solutions: Delivers comprehensive software solutions encompassing web content management, database mining, application integration, data management, and development tools. - Professional Training: Provides both developer-specific and professional training, focusing on technical skills, soft skills, and management service education. Insurance Platforms: - Sapiens CoreSuite and Sapiens IDITSuite offer property and casualty insurance platforms designed for efficiency and compliance. - Life and annuities platforms include comprehensive solutions such as Sapiens, Sapiens CoreSuite for life, pension, and annuities, aimed at streamlining the management and operation of such financial products. Cloud-based and Data Solutions: - Sapiens Cloud-based DigitalSuite facilitates digital transformation and cloud adoption. - A data and analytics platform designed to leverage data for strategic insights and decision-making. Reinsurance Solutions: - Products such as Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO, cater to the specific needs of the reinsurance sector, simplifying complex processes. Financial and Compliance Solutions: - Solutions like Sapiens FinancialPro and Sapiens StatementPro provide financial management and regulatory compliance tools tailored to the finance industry. Enterprise-scale Platforms: - Sapiens Decision, an enterprise-scale platform offering strategic decision management solutions to businesses. Additional Services: - The company also specializes in vertical software solutions, cloud computing solutions, strategic consulting, outsourcing services, and the marketing and support of peripheral computer equipment. These additional services ensure a comprehensive IT ecosystem for clients, enabling them to leverage technology for operational efficiency and strategic growth.
Contact Information
