By site editor Dan Chung:
Today Blackmagic Design finally enabled in-camera formatting of SSD drives for their 4K Production camera. This is something that users have been demanding on the BMD camera line since they started making them. Blackmagic Camera Utility 1.9.5 is available to download now from the Blackmagic Design support site.
Hopefully this is a good sign of things to come for owners of the BMCC and BMPCC cameras. If this update is like the previous one that enabled audio level metering, then it may not be too long before the same formatting feature makes it into the other models.