FCI reverse

Demica is the selected partner for FCI, the global representative body for factoring and financing of open account domestic and international trade receivables. Leveraging Demica’s pioneering technology platform and FCI’s global trading network has enabled FCI members to onboard buyers and suppliers in a transparent and seamless manner anywhere in the world. The FCI Reverse platform is uniquely placed to enable financial institutions to onboard suppliers through Demica’s market leading supplier onboarding tool.

Want to know more?

If you would like to speak to us about our solutions, please contact:
Enrique Jimenez

Enrique Jimenez

Head of Supply Chain Finance

Languages EN SP

+44 (0) 20 7450 2515 Monday to Friday, 08:00 to 19:00 Contact Enrique

Platform Demonstration

FCI REVERSE

Play Video
  • FCI Partnership with Demica 
    Watch the video to learn how FCI partnered with Demica to deliver an exciting new product for FCI members 
  • INTERNATIONAL REACH
    FCI has 400 members in 90 countries and 50 years of experience 
  • EMPOWERING FCI MEMBERS
    A dedicated product for reverse factoring for FCI members 
  • COMPETITIVE
    Demica’s pricing enables benefits to be passed onto FCI members

HOW DOES IT WORK?

FCI Reverse's 4-Corner Model uses the power of the FCI network and Demica's technology platform to enable FCI members to easily partner with those that have the necessary licences & operational capabilities to fund and onboard suppliers around the world.

The FCI Reverse platform is uniquely placed to overcome the challenges faced by regional banks with an automated and secure system. It expedites and reduces the costs and operational burden associated with the implementation of traditional Supply Chain Finance programmes.

For financial institutions looking to launch a Supply Chain Finance product, FCI Reverse overcomes the challenges that arise from the standard 3-Corner Model supply chain structure. 

The 3-Corner Model (3CM)

The 3-Corner Model is the standard supply chain structure currently used in the market today that typically facilitates a Funder financing a Supply Chain Finance solution to one local Buyer and its local Suppliers.

However, to compete globally with all participants in the market, the FCI Reverse presents an innovative proposition, called the 4-corner-model.

 

 

The 4-Corner Model (4CM)

The 4-Corner Model enhances the standard 3CM supply chain structure with the FCI’s two factor system. 

It allows the Import Factor (the FCI member assuming the buyer risk) to offer services to their clients (buyers) including supplier onboarding, and funding suppliers anywhere in the world by collaborating with Export Factors (other FCI members assuming the Import Factor’s risk) who onboard and fund those suppliers in regions where the Import Factor is not capable of performing these activities themselves.

FCI Reverse powered by Demica has a unique online collaborative platform that allows the Buyer, Supplier and Funder regardless of geographic jurisdiction to work together. 

Using the fci Reverse powered by dEMICA PROGRAMME

User-Friendly, Multi-lingual, Multi-Currency

Supplier

Buyer

Funder

Key Benefits of fci reverse

FCIreverse is uniquely placed to overcome: 

  • CROSS-BORDER RESTRICTIONS
    Domestic banking regulations, currency, language, and difficult jurisdictions often prove as obstacles to global SCF programmes and KYC collection
  • EXPENSIVE OPERATIONAL COSTS
    High costs of developing in-house systems and support teams, licensing and the challenges associated with onboarding suppliers in foreign jurisdictions
     
  • EXTENSIVE IMPLEMENTATION PROCESS
    Each programme requires lengthy internal implementation processes, significant up-front fees and expensive running costs

FCIreverse is a new opportunity to:

  • ENABLE FCI MEMBERS TO BETTER SERVE THEIR CLIENTS 
    FCI members can finance supply chains that extend beyond their coverage by working in cooperation with other FCI members
  • GROW ASSETS AND REVENUES
    FCI members mutually benefit by collaborating to acquire new clients by providing enhanced capacity to offer full funding solutions to global corporates with international supply chains
  • REDUCE THE OVERALL FINANCIAL RISK
    Export Factors can assume the risk of Import Factors which helps mitigate the overall risk exposure
  • UTILISE LOCAL KNOWLEDGE IN FOREIGN JURISDICTIONS
    Import Factors can rely on Export Factors' local expertise i.e. payment settlement and foreign currencies
  • EASILY IMPLEMENT GLOBAL SUPPLY CHAIN FINANCE PROGRAMMES
    FCI Reverse requires only a light touch implementation

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Request a Demo

If you would like to speak to us about our solutions, please contact:
Avarina Miller

Avarina Miller

Director - Working Capital Solutions

Languages EN

Avarina has more than 20 years' experience in Working Capital Solutions and Corporate Banking services
+44 (0) 20 7450 2577 Monday to Friday, 08:00 to 19:00 Contact Avarina