Geopolitical Tensions and Supply Chain Transparency

Recent geopolitical tensions have significantly impacted the demand for transparency within global supply chains and financial networks. Issues such as trade tensions between the US and China and restrictions on technology flows to Russia have created a complex environment for businesses. As companies navigate these changes, there's a growing need to understand the layers of suppliers, which has led to an increase in fragmentation as clients diversify their supply chains away from traditional manufacturing hubs like China. This shift complicates tracking and accountability, making it essential for businesses to adapt their strategies to maintain compliance and mitigate risks.