Business Description
Formula Systems is an Israel-based technology holding company founded in 1985 that operates across multiple countries, including the United States, Europe, Africa, and Japan. Its subsidiaries deliver a broad range of software products and IT services, covering areas such as cloud computing, data management, infrastructure, and business process integration. The group is perhaps best known for its Sapiens software division, which provides specialized platforms for the insurance and financial services industries, supporting functions like underwriting, reinsurance, compliance, and policy administration.
