Another milestone for quality and transparency
By joining the London Platinum and Palladium Market (LPPM), Helveticor is expanding its international position in precious metals trading. Being recognised as an affiliate member underlines our commitment to meeting the highest standards of security, compliance and transparency – along the entire supply chain.
In times of increasing ESG obligations and global transparency requirements, this membership is a clear signal in favour of future-oriented corporate governance.
LPPM membership is a strategic step for us to further strengthen our quality promise and to expand our role in the global market for platinum and palladium with a view to the future.
Logistics meets global standards - and responsibility in precious metals trading
Global precious metals trading is a sensitive business. For white metals such as platinum and palladium in particular, more is needed than just secure transport routes. Transparency, traceability and compliance with international standards are required – across the entire supply chain.
With its new membership as an Affiliate Member of the London Platinum and Palladium Markets (LPPM), Helveticor is now part of a global institution that sets precisely these standards. For us, this is more than just a seal of quality: it is a clear commitment to integrity – in one of the most demanding markets of all.
Joining not only strengthens our international credibility, but also reinforces our commitment to traceable processes – from source to destination.
What is LPPM - and why is it relevant?
The London Platinum and Palladium Market (LPPM) defines globally recognised standards for the traceability, processing and storage of platinum and palladium. As a central industry organisation, it brings together refineries, banks, traders, supervisory authorities and logistics companies.
The focus is on:
- Transparency and traceability in the supply chain
- Technical standards such as the ‘Good Delivery List’
- Practical and ethical guidelines for global trade
The LPPM thus acts as a reference framework – for industry, the financial world and supervisory authorities at the same time.
How it all started - a brief look back
The history of platinum and palladium is surprisingly recent. While gold and silver were already traded in ancient times, platinum was only classified as a precious metal in 1751. Palladium was only isolated less than 200 years ago and has since developed into a key factor in science, industry and mobility.
Trade also began later:
- In 1973, London introduced the Platinum Quotation – a price indicator that reflected market sentiment for the first time.
- In 1979, retailers from London and Zurich agreed common standards for delivery capability for the first time – a milestone.
- In 1987, the LPPM was officially founded on the initiative of the Bank of England in order to institutionalise the previously informal network.
- In 1989, official price fixings for platinum and palladium were introduced.
- Since 2014, the London Metal Exchange (LME) has managed the price benchmarks on behalf of the LBMA.
What began as a market mechanism is now a globally recognised set of rules for integrity, responsibility and quality. And that is precisely why joining Helveticor is more than just a formal step – it is a conscious decision in favour of living standards.
A network is only as strong as its members.
By joining the LPPM, we are not only assuming responsibility – we are also committing ourselves to a common goal: more transparency, more traceability, more integrity in precious metals trading. Not as a duty. But as a conviction.
Why we joined - and what that means
LPPM membership is not an end in itself for us. It stands for our claim to be part of a responsible industry – and to bring this claim to life:
- Internationally recognised standards in compliance and security
- Transparent logistics processes in the precious metals sector
- Responsible market participation
- Reliable partnerships in the global network
This not only strengthens our position in the market – but also our customers’ trust in our services.
Structures create security – attitude gives them direction. The LPPM provides the framework. But it is the companies that bring to life what is written on paper. For us, this means not only accepting standards – but actively supporting them. Because trust is created where rules and conviction come together.
Precious metals logistics: sensitive, regulated and demanding
The highest standards apply, especially when handling white metals: from complete documentation to the operational safeguarding of every detail. Anyone who takes on responsibility here needs more than just infrastructure – they need attitude.
Our LPPM membership is therefore also an internal sign:
We are prepared to continuously measure and improve our processes – and to share them transparently with the industry.
1. traceability and transparency in the supply chain
The origin and further processing of platinum and palladium must be fully traceable – from the mine to storage.
Our solution:
- Digital traceability and structured documentation processes
- Compliance with KYC (Know Your Customer) principles and AML (Anti-Money Laundering) regulations
- Integration of international standards from the LPPM regulations
2. risk minimisation in physical handling
The transport and storage of precious metals are safety-critical – both in operational and regulatory terms. Errors in the process can lead to a loss of trust or regulatory risks.
Our solution:
- High-security logistics with controlled transfer points
- Documented audit trails for all shipments
- Certified employee training & safety concepts
Living up to international standards requires more than just polished PowerPoint slides.
How our customers benefit from this
LPPM membership is not just an internal seal of quality – it brings concrete benefits for our business partners:
- More transparency: traceable standards along the entire supply chain
- More security: processes that are regulated and tested
- More credibility: international recognition and benchmark affiliation
- More future-proof: preparation for ESG requirements and market changes
For banks, institutional investors, traders and custodians, this means:
orientation, trust and a solid basis for long-term cooperation.
We work with precious metals - but for people.
Whether bank, retailer or investor: behind every order is a genuine need for security and trust. We never lose sight of this. Because at the end of the day, it’s not just about platinum or palladium – it’s about what our customers make of it.
Creating the future - with responsibility in our luggage
LPPM membership is both a milestone and a starting point for us. Because global trust doesn’t happen overnight. It arises when aspiration meets realisation. When standards are not only met, but lived.
For us, this means: thinking processes further. Not just documenting transparency, but making it tangible. And not delegating responsibility – but actively bearing it.
Our goal: precious metal logistics that is not only secure – but also points the way forward. For our partners. For our industry. And for the future.
