Page 33 - Bullion World Volume 03 Issue 07 July 2022

Bullion World | Volume 5 | Issue 09 | September 2025

Data Island the video analytics space, by alerting and aiding the
Traditionally, the bullion sector has and continues command centre monitoring, with its ability to identify
to rely heavily on manual processes that includes unusual or unauthorized movements in sensitive areas.
handling physical documents, verification against Vaults today are no longer passive storage units,
manual authorization letters and registers, physical but are evolving into an active technology-enabled
certificates, packing list, release / delivery order custodians.
etc to name a few. At best, some of these physical
documents have evolved from physical paper to PDFs Client Experience and New Opportunities
and shared via emails, which is actually still ‘manual’ Technologies that enhance real-time capturing
from a digital exchange & intervention standpoint. Even and sharing of transactions (or critical milestones),
the use of highly secured and time-tested information significantly enhances client experience. Our platforms
exchange formats such as encrypted QR Codes and today allows clients to securely access ‘near-real-time’
secured APIs are yet to make its way into our sector in updates, access documents and reports, and track
a significant manner. Imagine the speed and accuracy their assets.
with which a vault manager or the consignee can verify
and receive a bulk consignment, if information were to The integration of digital vault accounts with the
be available in a such secured, digital formats. exchange and fintech platforms, are creating new
and exciting opportunities for companies and their
Physical Processes with Digital Oversight customers to view, trade and collateralize their bullion
Given where our sector is currently, and as we assets, without having to deal with or worry about the
collectively aspire to harness the plethora of physicals.
technology options available in the market today, Given how Gold and Silver have reclaimed its rightful
to fortify the internal processes and controls, the place as a leading asset class, both legacy and new-
suggested approach would be to: age companies have already started to harness this
1. Securely digitize the information that is received opportunity by partnering with Sequel Logistics as their
manually. secure, phygital custodian.
2. Simplify and streamline the existing physical steps
and processes. About Sequel Logistics
3. Select not just the right tech product, but the right Founded in 2004 and headquartered in Bangalore,
tech partner. Sequel is India’s leading Supply Chain Management
4. Integrate the physical process with the appropriate company specializing in comprehensive solutions,
tech stack. services, and products within the Critical Logistics
Such integration not only streamlines the operation in segment. As a market leader in niche and specialized
terms of speed and accuracy, but also provides long- domains, Sequel Secure provides end-to-end
term cost optimization in real and tangible ways. logistics solutions for precious and valuable cargo to
Metal Exchanges, international and domestic banks,
Reimagining Vaulting refiners, bullion traders, and jewellery retailers.
Nothing can symbolise physical security more than With secure hubs across 60 cities, including 22 bank-
a fortified Vault made of thick concrete and metal. approved vaults and a fleet of 500+ secured vehicles,
However in the modern context, this is just the Sequel’s domestic network extends to more than 700
beginning. Subsequent layering of this physical cities across India.
fortification with multiple and integrated digital security
Key Certifications & Memberships:
is vital. At Sequel Logistics, our focus is to constantly • Approved Vault Manager at IIBX (India International
work on designing and implementing multiple layers of Bullion Exchange), certified by SEBI and IFSCA
physical and digital security, over laid on existing infra. • Approved Vault Manager for the Domestic Gold Spot
Exchange, certified by SEBI
• Approved Vault Manager for MCX, NSCCL, and BSE
From the end-user (asset owner’s) standpoint, use • Certified member of LBMA (London Bullion Market
Association)
of certain existing and proven technologies has the
• Certified under TAPA’s TSR (Transported Asset
potential to transform the audit processes. What takes Protection Association – Trucking Security Requirements)
hours in manual counting and verification can be • Certified member of RJC (Responsible Jewellery Council)
• Executive member, CCA (Currency Cycle Association)
accomplished in a few minutes with digital precision. • Certified member of IATA (International Air Transport
Artificial intelligence has significantly transformed Association)

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