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Formula Systems (1985) Ltd., through its subsidiaries, engages in the development, production, and marketing of information technology (IT) solutions and services. It operates through two segments, IT Services and Proprietary Software Solutions. The IT Services segments activities include applications development, systems integration, migration of IT platforms, IT consulting, e-services, outsourcing, conversion services, application and implementation of ERP and CRM systems, and importing software products, as well as operating a training school. This segment also provides system development lifecycle services, including the definition of business requirements, system analysis, technical specifications, coding, testing, training, implementation, and maintenance. The Proprietary Software Products segment designs, develops, and markets software solutions for law enforcement, car rental, banking and finance, telecommunications, CRM systems, re-engineering, and long term care and insurance industries. This segment also provides Sapiens eMerge, a rules-based application development suite, which enables solution development for complex mission-critical enterprises. Formula Systems (1985) Ltd. was founded in 1985 and is headquartered in Herzlia, Israel.

On August 31, 2009, Actimize formally announced the acquisition of Fortent. The combination of these two industry leaders, with complimentary best-in-class technologies, has created the world’s largest and broadest financial crime, compliance, and risk management solutions provider. The combined company now serves more than 200 clients worldwide, including all top 10 global and top 10 U.S. banks.For more than a decade, Actimize has been an innovator in real-time, cross-channel fraud prevention, AML, compliance, and risk management. These extensive capabilities have solidified Actimize’s leadership position in the broader financial crime market. Over the same period, Fortent, formerly known as Searchspace, established itself as an industry pioneer and leading provider of modern statistical-based Anti-Money Laundering and Know Your Customer (KYC) technology. Its solutions have been endorsed by the American Bankers Association (ABA) and are the defacto standard for the world’s tier-one financial institutions.

FPX provides enterprise software that is used to manage customer interactions across a variety of sales channels. FPX products include applications for sales force automation, customer profiling, order configuration, and needs analysis, and can be implemented across direct, indirect, and Web-based sales channels. FPX focuses on providing tools that aid clients with complex product lines in converting leads into accurate orders. FPX also offers professional services, such as consulting, training, and support. Formerly called Firepond, the company changed its name in 2009 when FPX, an affiliate of Texas-based Acclaim Financial Group, purchased Firepond's assets.

FranConnect is the #1 provider of Franchise Management Systems with the most comprehensive franchising solution on the Planet! FranConnect’s integrated suite of software applications allow franchise organizations to manage all aspects of their operations including Sales, Marketing, Financial Data Collection and Analysis, Royalty Invoicing and Automated Funds Transfer, Contract and Legal Document Management, Customer Relationship Management, Help Desk, Franchisee Support, Online Training, Supply Management, Automated Ad-Builder, E-mail Marketing, Franchisee Web-sites, ZIP Code Locator Service, QuickBooks, Peachtree and POS Integration.FranConnect's focus is on providing easy to use solutions at a price point where most organizations can see a return on investment in the first month of their operationWith over 150 employees and over 280 Franchise brands as customers, FranConnect is the largest technology provider to the Franchise community. FranConnect maintains a global presence with office around the world to help serve the needs of its world-wide customer base. FranConnect is a proud member of the International Franchise Association.

FreeBalance is a global provider of software solutions for public financial management (PFM). PFM is an essential part of the international development process. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform across all levels of government. The FreeBalance Accountability Suite is a commercial off-the-shelf integrated financial management information system (IFMIS). FreeBalance software is available in client-server and web-based configurations. The FreeBalance IFMIS is implemented by activating functionality options through software configuration rather than bespoke programming and software source code customization.

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