Two Demica SCF Platform partners win at Global Finance’s World’s Best Supply Chain Finance Providers 2017
26 Jan 2017
Demica, the specialist provider of working capital solutions to global corporates and banks congratulates two of our SCF Platform partners who have won their respective categories at the World’s Best Supply Finance Providers 2017 awards.
Global Finance magazine has announced its tenth annual rankings for the World’s Best Supply Chain Finance Providers in an exclusive survey to be published in the February 2017 issue. The winners were revealed at an awards lunch on January 18, 2017 in Madrid during the BAFT Europe Bank-to-Bank Forum.
Two out of the 15 winners run on Demica’s technology platform, across regional and technology categories.
Selected by a group of industry analysts, corporate executives and technology experts, participants were judged based on variety of subjective and objective criteria including: market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations. In addition, a poll of Global Finance’s readership was conducted in order to increase the accuracy and reliability of the results.
Demica is proud of our contribution to our partners’ success and looks forward to further awards as we continue to develop our SCF platform and launch our new supplier onboarding tools.
Demica is a recognised leader in providing working capital solutions to large multinationals and global banks. Demica uniquely offers both receivables and payables programmes through its proven end-to-end technology platform with a 15-year track record. Purchased by a group of private equity investors in 2014, Demica has transformed its technology offering by adding financing and structuring capabilities. Using its proprietary platform to allow clients to automate transactions while de-risking them for investors, it currently enables the financing of over US$50bn of receivables and payables per year for companies requiring facilities of US$50m to US$750m+. Based in London, Demica works with clients all over the world, across jurisdictions, industries and sectors.