SAN FRANCISCO, CA – FEBRUARY 6, 2024 – The Fintech Open Source Foundation (FINOS), in collaboration with Linux Foundation Training & Certification, has introduced the FINOS Financial Services Certified Open Source Developer (FSOSD) certification tailored for the financial services sector.
As outlined in the 2023 State of Open Source in Financial Services report by the Linux Foundation, a staggering 94 percent of financial services firms endorse the utilization of open source technology. The FSOSD certification serves as a crucial instrument for confirming the proficiency of IT teams in navigating open source technology adeptly, all while ensuring adherence to regulatory standards.
“I’ve worked in financial services for decades and to me it’s clear that the prospect of enabling the developer community in these firms to contribute to open source software is a complete game-changer,“ said Rob Moffat, Senior Technical Architect, FINOS. “I’m really hoping that this new certification becomes broadly accepted by both developers and financial services firms alike, resulting in broad-based, cross-industry collaboration on our common tech problems.”
“In light of open source technology’s critical role in the financial services industry, it is important that IT professionals with industry experience can prove their open source knowledge,” said Clyde Seepersad, SVP, General Manager, Training & Certification, Linux Foundation. “With the FSOSD both professionals and employers have a reliable means to verify this vital skill set.”
Tailored for software engineers, open source developers, DevOps engineers, FinOps practitioners, and information security teams, the FSOSD showcases proficiency in both utilizing and contributing to open source projects specific to the financial sector, with a keen emphasis on regulatory compliance.
Aligned with FINOS' Open Source Readiness initiative, the FSOSD aims to enhance the integration of open source technologies within the financial services industry.
The 90-minute, multiple-choice FSOSD exam’s domains are:
- Ethics & Behavior - 10%
- Open Source Licensing - 18%
- Consuming Open Source - 26%
- Contributing to Open Source - 28%
- Regulatory Impact on Open Source - 18%
Those who successfully complete the FINOS Financial Services Certified Open Source Developer (FSOSD) certification exam receive a certificate as well as a digital badge.
Interested in this FINOS open source project, or any of our other projects? Click the link below to see how to get involved in the FINOS Community.
