The Global Gateway for eNotes™
FQX eNote™
FQX is radically facilitating trade finance & money markets by using eNotes™
An eNote™ is an unconditional promise to pay a specific sum to another party at a specific future date. The eNote™ is based on Blockchain technology and can be flexibly sold and transferred to any third party (i.e. an investor). When compared to other financing options, eNotes™ as negotiable instruments outperform through their financial steering capabilities and global transferability. eNotes™ are based on the globally proven, formerly paper-based “promissory notes”.
FQX is the first market-ready solution for eNotes™ built on a banking-grade Blockchain (Swiss Trust Chain) with a unique, patent-pending authentication mechanism (based on regulated and qualified electronic signatures provided by Swisscom). The eNote™ infrastructure can be integrated into financing platforms of banks and Fintechs, allowing their customers to benefit from the entire eNote™ lifecycle from issuance to settlement.
Secure
Banking-certified infrastructure, qualified electronic signature & use of IBM’s private and permission-based DLT Hyperledger Fabric
Efficient
FQX is the first market-ready solution for eNotes™ which have the potential to radically facilitate trade finance & money markets. The enforcement regime applicable to eNotes™ is recognized in over 165 countries.
Known from
Partners
Investors
Driving Digital Global Finance
Steering liquidity, earning discounts and generating investment yields. With the FQX eNotes™ platform, financial institutions and companies can cover the following 3 application areas:
Trade Finance
Cash Flow Management
Control of operating and free cash flows by accelerating and decelerating the corresponding activities with customers and suppliers and earn discounts.
Automation and Risk Reduction
Paper-based processes in trade finance are being digitized reducing process costs and operational risks.
Corporate Finance
Reduction of Financing Costs
Through pricing, disintermediation and automation.
Flexible Financing Partner Policy
Through onboarding and controlling eco-systems.
Increased Reach
In 161 countries on the same legal basis.
Investments
Risk-adjusted Investment Excess Returns
Investment in Supply Chain Finance eNotes enable participation in credit rating arbitrage to achieve excess returns over the benchmark.
Invest in tradeable Assets
Invest in unconditional promises to pay with integrated ISINs which can easily and digitally be transferred to other parties.
How it works
Corporate Finance
Flexible liquidity generation
Supply Chain Finance: Receivables
Monetize trade receivables
Supply Chain Finance: Payables
Gain discounts, extend DPO and retain free cash flow
Platform
FQX combines state-of-the art Distributed Ledger Technology (DLT) with Qualified Electronic Signatures (QES) providing maximum data integrity.
For Financial Institutions
FQX enables eNotes™ based on a banking-grade infrastructure - fully digital. Financial institutions can participate via the platform or offer white-label and integration solutions.
New Business Opportunities
Access to new business via the eNotes™ platform and white-label solutions
Expansion into new jurisdictions and markets
New financial product engineering opportunities
Transaction Cost Optimizations
Electronic automation of paper-based processes
Integration into back-office systems for STP
Real-time information and transaction status
Liquidity
Formerly illiquid assets become tradeable and liquid
Re-discounting with central banks in certain countries
Liquidity risk reduction
Differentiation
Provide superior value to corporate clients
Use the FQX white label / API solution with corporate identity
Transformation into a digital trade finance bank
Interbank-Funding / Wholesale Banking
Cheaper financial instrument for short-term funding
Short-term investment opportunities
Fully digital inter-bank funding network
FQX provides one infrastructure, one financial instrument and one legal framework to drive asset origination-to-distribution to the highest efficiency level. This in turn creates an attractive asset class for investors based on global standards and reach as well as it provides liquidity where needed to the real economy.
Frank Wendt, Co-Founder & Chairman of the board FQX
FQX combines Legal Engineering with profound knowledge of financial markets to help thrust the financial system into the digital realm where costs are low, accessibility is high and security is standard.
Benedikt Schuppli, Co-Founder & COO FQX
For Corporations
FQX provides global electronic issuance & transfer of eNotes to extinguish process inefficiencies & operational risks.
Supply Chain Finance
Generate free cash flow
Optimize working capital metric
Manage key balance sheet ratios
Trade Finance
Reduce transaction costs via automation
Replace inefficient trade finance instruments
Corporate Finance
Reduce transaction costs to raise short-to-mid-term capital
Expand the funder base to Non-Bank Investors
Financial Investments
Invest in eNIs and earn superior yields compared to MM, CP, CD and Term Deposits
FQX’s value proposition is simple: One of the most trusted financial instruments and its bunch of legal advantages - the paper-based existence + a banking-grade DLT infrastructure + qualified electronic signatures (eIDAS) + an easy-to-use and customer-driven platform = the FQX eNI™ infrastructure.
Dr. des. Stephan Meyer, Co-Founder, CPO & Chief Legal Engineer FQX
Electronic promissory notes are efficient, secure, and offer an attractive variety of uses cases in the corporate finance and supply chain space for companies, financial institutions and institutional investors.
Dr. Philipp von Randow, Co-Founder & General Counsel FQX
FQX eNote™ Lifecycle
Swiss Private Chain
Banking Grade DLT Infrastructure
IBM Hyperledger Distributed Ledger Technology Infrastructure based on Swisscom’s consortial Swiss Private Chain, exclusively using T4 server centers – ensuring technical security of FQX eNotes™.
Qualified Electronic Signature
Integrated Qualified Electronic Signature
All FQX eNotes™ are signed and transferred by using Qualified Electronic Signatures from Swisscom Trust Services based on EU law – ensuring legal certainty of FQX eNotes™.
FQX Technologies
Combining Secure & Modern Technologies
FQX uses DLT and other technologies for highest data integrity requirements and an optimal user experience – ensuring a state-of-the-art FQX eNotes™ platform.
Webinars
eNotes™Webinar Brought To You By ITFA - Electronic Promissory Notes By FQX AG 30 April 2021FQX opens up new markets for investment in Trade Finance through eNotes™: Trade Finance Through Technology
Duration: 1h 10min
FinancePaperless promissory notes on DLPC
Hyperledger Trade Finance Special Interest Group Meeting, 20th April, 2021
Duration: 1h 26min
From stone plates to eNotes™
Our Team and Ecosystem
Explore and connect with the FQX team and their Eco-System.
Board of Directors
Investors
Core Team
Advisors
Academic Partners
Ecosystem
Get in touch
Do you have any questions or want to know more about FQX?
Live Demo
Do you want to know more about how it works? Book a live demo.
Onboard Now
Grow your network on a global scale, all on one infrastructure. It’s easy, simple and fast.
Careers at FQX
Experienced Frontend Developer
As an FQX front-end developer, you will be able to structure your days flexibly and have the opportunity to grow, learn and take a lot of responsibility while collaborating and coordinating with the team. Your focal point will be developing user interface components and implementing them to give the best user experience. You will work closely with the product management and the backend development team to translate business requirements into their full-stack technical implementation.
Join the FQX Journey
Position you were looking for is not here? We’re always looking for talented, ambitious people supporting our journey of digitising electronic promissory notes. Do not hesitate to contact us, if you think you can be of value to us.
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Do you have any questions or want to know more about FQX? We are here to help.
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How to find us
FQX AG
Hardturmstrasse 3
8005 Zürich
SWITZERLAND
Hardturmstrasse 3
8005 Zürich
SWITZERLAND
FQX Ltd.
71-75 Shelton Street
Covent Garden
London WCH2 9JQ
UNITED KINGDOM
71-75 Shelton Street
Covent Garden
London WCH2 9JQ
UNITED KINGDOM
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