Page 34 - Bullion World Volume 5 Issue 05 May 2025

Bullion World | Volume 5 | Issue 05 | May 2025

Key takeaway 3: The Swiss Association of Precious Metal Manufacturers and Traders
(ASFCMP) announces its plan to create a "Swiss Gold Integrity Database" to improve
transparency, integrity and increase trust

During the Bullion Integrity Forum, Christoph Wild, We are actively collaborating with our stakeholders on
President of ASFCMP announced the creation of a the project, ensuring it meets the highest standard.
"Swiss Gold Integrity Database", powered by aXedras. With a forward-looking approach, we anticipate that
The project is supported by the Central Office for the “Swiss Gold Integrity Database” will not only foster
Precious Metals Control (COPMC), the regulatory industry dialogue but also serve as an educational
body in Switzerland who will serve as the institutional platform for civil society.” highlighted Christoph
mechanism to this project. The Precious Metals Control Wild, President – ASFCMP. aXedras was selected as
Office will be able to use the "Swiss Gold Integrity a solution partner based on its proven track record
Database" to conduct targeted and efficient quality and and extensive precious metals expertise. To note, the
risk controls of ASFCMP members. project is currently in its 2nd phase – requirements
engineering, and therefore various elements
“The “Swiss Gold Integrity Database” will enhance are currently under discussion with all relevant
accountability and transparency among our Swiss stakeholders.
members while reinforcing their competitive edge.

Christoph WIld, President – ASFCMP

Key takeaway 4: A success story from a leading refiner

"Have we achieved the vision the WGC and LBMA had automation by 2026. As part of the global GBI pilot in
in 2021? Yes, we have!", Sanet Janse van Rensburg, IT 2022, Rand Refinery has since worked hand in hand
Business Analysis Manager – Rand Refinery. with aXedras to achieve this milestone.

Rand Refinery began their digital transformation in During the presentation, Sanet Janse van Rensburg
2019 with their first digital product integrity certificate. illustrated the material transformation process
Now in 2025, Rand Refinery has achieved full mine of a refiner with the actions carried out via the
to market digitalisation and is setting sail towards full aXedras platform. She reiterated the importance

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