For 20 years, we have used Demica’s deep domain expertise and continuously improving technology platform to enable our clients to seamlessly meet even the most complex reporting and back-up servicing requirements across jurisdictions.
Our programme services solutions help corporate clients that have already agreed terms with their preferred trade receivables securitisation funder and financial institutions requiring third party programme management. We specialise in project managing the transaction, implementing and managing automated reporting and providing warm back-up servicing on complex, multi-jurisdictional programmes.
Our clients often have to deal with a variety of underlying ERP systems, stretched finance teams, different accounting policies and consolidation procedures – all factors which can mean they struggle to surface the underlying data and carry out the complex calculations required to meet their reporting obligations in a receivables finance programme. Demica’s platform and our highly experienced team solves these problems and takes a client live on time every time.
The DEMICA Advantage
Programme Services FAQs
Demica’s platform was originally built to run the treasury departments of banks and large multinationals such as Siemens with their complex financing structures. This heritage ensured that we developed an incredibly flexible receivables and payables offering and have yet to come across a programme that could not be easily onboarded to our platform.
Demica's clients are multi-nationals with revenue of $250m to $40bn that have a receivables financing programme purchasing receivables from subsidiaries in 4-16 countries. Programmes are typically multi-currency with total facility size of $25m - $750m.
No. Only one programme that Demica has been appointed as the reporting agent has failed to go live and the causes related to the deteriorating credit standing of the client and its relationship with its bank partner.
Yes. We are fortunate to have a large number of clients willing to act as referees for our expertise and technology.
Demica's purpose is to meet the working capital challenges facing today's businesses. We use our expertise, world-class technology platform and access to deep pools of capital to efficiently deliver $25m to $750m+ programmes that our client's treasurers seek.FIND OUT MORE