Industry > Finance

GS1 standards in Finance

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

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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.