GS1 currently has an exciting opportunity to leverage its global reach and expertise to meet the needs of the Financial Services sector.

The financial services industry needs traceability

• Not merely tracking the movement of goods through a physical supply chain, but more generally, bringing together information systems of multiple parties in a supply chain for mutual benefit.

• Identification and reference data (master data) are the foundation.

• Global identification standards and accurate reference data will add efficiencies while lowering costs, as well benefiting risk management practices as a whole.