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About Precious Metals
Simplify your complete front-to-back physical bullion trading and operations lifecycle. Manage both enterprise and retail precious metals markets on a single platform. Track your bullion with precision and manage your risk with accuracy.
Why Precious Metals
With volatile gold and silver markets and growing security concerns, your bullion business needs an integrated, real-time solution to manage your enterprise or retail precious metals business. ION’s Precious Metals is an industry-standard bullion management system that provides seamless integration between supplier trading and retail bank operations, sophisticated inventory management from central consignment to point-of-sale, tracking sales, and sales performance. Precious Metals helps bullion custodians and refiners manage their allocated and unallocated gold pools and account for gold standard denominations, in bar and coin form.
Manage physical and financial precious metals trading
Maintain control of stock levels
Centralize business processes
Manage loan and borrowing books
Visualize real-time exposure
Maintain a complete audit trail
Key features
Unify front and back office processes
Capture allocated and unallocated stocks in one system.
View positions and exposures for both physical and financial metal and FX trades in real-time.
Settle trades and generate reports in the same system as trade entry.
Manage loans and borrowings
Accurately track terms with different counterparties including interest rates, interest amount, and frequency of settlement.
Manage the sales of metal as long- and short-term loans, as well as outright sales.
Automate call borrowing upon delivery with inventory planning.
Simplify your complex supply chain
Manage stock lifecycle from imports and custom clearance to stock allocations and deliveries.
Maintain control of stock levels at all defined locations.
Ensure timely deliveries, updated stock levels, and valuation reporting across locations.
Gain collateral visibility and mitigate risks
Automate risk assessment for every transaction to ensure that limits and margins will not be breached.
Maintain client limits through real-time MTM of customer exposure and collateral management.
Establish net trading position limits with warning triggers for individual products and currencies.
Adhere to best practices
Ensure compliance by accounting for local taxations and automating regulatory reporting.
Reduce operational risk with workflow controls for historic reporting and discrepancy management.
Benefit from a secured, traceable, and auditable single source of truth.
Enhance your solution with optional value-added modules
Precious Metals provides complete oversight for your gold bullion management business. This solution, which can be deployed on-premises or on the ION Cloud, has several value-added modules;
Web bullion portal
Place orders with complete visibility of collaterals and credit limit management. Efficiently access account information and place orders in real time.
Interface to SWIFT and core banking
Seamlessly interface with core banking, treasury, FX, and SWIFT systems, completing the bullion value chain from inception to settlement. Ensure security, verification, and authorization of financial transactions with SWIFT payments and an interface with core banking applications.
Retail module
Sell coins or bars of small denominations over-the-counter through multiple retail branches and keep track of retail inventory across locations. Utilize APIs to integrate with different modes of payment.
ION Cloud
Lower your total cost of ownership and modernize your technology to optimize your operations and empower your business. Secure your data with ION’s multi-layered, trusted security stack.