Expansion Opportunities The company's recent expansion of secure storage facilities in Spring Valley, Nevada, and Aston, Pennsylvania, indicates a growing demand for premium precious metals custody services and potential upselling opportunities for enhanced storage solutions and logistical support.
Market Growth With annual revenues ranging from $10 million to $25 million and over 25 years of industry experience, Delaware Depository is well-positioned to attract clients seeking trusted and established precious metals custody providers, especially as metals markets expand.
Technological Compatibility Utilizing modern technologies such as Microsoft 365, Nginx, and ASP.NET, the company demonstrates a readiness to integrate advanced digital solutions, offering opportunities to provide secure, technology-enabled custody solutions for tech-savvy investors and institutions.
Industry Resilience Despite COVID-19 related disruptions in securities processing, Delaware Depository continued to operate and expand, showcasing resilience and an ability to adapt. This stability makes them a reliable partner for clients seeking secure and consistent custody services.
Competitive Positioning As a boutique firm with fewer than 10 employees yet significant facility expansion, Delaware Depository can differentiate itself through personalized service offerings and tailored storage solutions, appealing to clients demanding high-touch custody services in a competitive market.