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EXECUTIVE TEAM, CONSULTANTS & SPECIALISTS |
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The Recipco Exchange (Back to top of page)
The Recipco Exchange is an electronic marketplace for global non-monetary
trade using the UTU as vehicle of exchange. The Exchange provides a trading
infrastructure that allows for easy and efficient counterparty discovery,
communication, negotiation, execution and settlement.
The Recipco Clearinghouse (Back to top of page)
The Recipco Clearinghouse is the entity that
issues and backs the UTU through its investment-grade Members. The
Clearinghouse issues UTUs in the form of UTU credit facilities to its
Clearinghouse Members, who thus mutually extend credit to each other. As
such, the Clearinghouse defines and enforces risk mitigation policies.
The Recipco Clearinghouse:
is responsible for governance and risk management of the UTU;
issues the UTUs;
controls the granting and administration of UTU credit facilities to its
Members;
provides credit facilities to its Members; and
provides collective backing of the UTU to ensure UTU liquidity.
UTU (Back to top of page)
UTU stands for Universal Trading Unit, and it is the vehicle of exchange used
exclusively to transfer value between parties to a trade within the Recipco
Exchange.
Recipco is successfully pioneering the establishment of the UTU as the
standard unit of exchange for global non-monetary trade. The UTU differs from
conventional currencies in that it is a non-sovereign, private trading unit,
with no fixed external value.
The UTU is:
a temporary store of value that serves as the medium of exchange for members
transacting on the Recipco Exchange;
a liquid unit whose dedicated purpose is to facilitate the buying and selling
of goods and services on the Recipco Exchange; and
a special-purpose unit of value, backed by qualified members who meet specific
credit-related criteria and who commit their goods and services to provide this
backing.
Consulting Services (Back to top of page)
Recipco provides consulting services to assist it members in identifying,
evaluating and capitalizing on non-monetary trade opportunities.
Through these services, Recipco helps members to:
develop non-monetary trade strategies to improve their financial performance
and competitive position;
analyze and improve internal business processes to maximize the benefits of
non-monetary trade; and
integrate non-monetary trade into their overall business operations.
Recipco consulting teams work closely with members key management
personnel to ensure that the end product of each assignment is a
ready-to-implement strategy tailored to each members business objectives.
Sample Transaction (Back to top of page)
Coming soon!
Recipco Value Proposition (Back to top of page)
The value that these corporations can obtain through Recipco is compelling in
that they may realize value for underutilized and available capacity that would
otherwise perish or go unsold.
Simply stated, the Recipco value proposition is:
By selling unused or available capacity over the Recipco Exchange, a company
can increase revenue.
By trading unused or available capacity for needed goods and services through
the Recipco Exchange, a company can reduce procurement costs.
By increasing sales and reducing costs, a company can improve cash flow.
By improving cash flow, a company can increase shareholder value.
How a Trade Works (Back to top of page)
Recipco builds liquidity by focusing its membership-development efforts on the
seven fundamental industry sectors energy, media, telecommunications, travel,
transportation and logistics, printing and paper and companies within their
supply chains that will further support Member transactions.
The following example illustrates how three corporate Exchange Members from
three different industry sectors conduct a trade on the Exchange:
<<click to view diagram>>
MediaCo first sells advertising to TravelCo to obtain UTUs in its account.
UTUs available in MediaCos account are used to purchase network time from
TelCo.
TelCo can use its UTUs to purchase airline seats from TravelCo.
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