IDS’s secure facilities are state-of-the-art and equipped with UL-rated, multi-redundant security systems monitored in real-time, 24/7 by off-site security specialists. Internally, IDS follows a best practices exacting protocol of control measures, including the implementation of stringent “dual control” including perpetual audits (internal and external) on inventory and “separation of duties” methodologies, when processing depository transactions.
All client assets are held in “custody.” As such, they are stored in client specific accounts, off of IDS’s balance sheet. In other words, they are held as bailment, and not as a deposit or consignment. Moreover, they are insured through an all-risk policy underwritten by Lloyd’s of London, the world’s leading provider of specialized asset insurance.