Community Blog

In the vibrant setting of the FINOS Open Source in Finance Forum 2024, industry leaders gathered to discuss the future of financial technology and open source collaboration.

Gabriele Columbro, FINOS Executive Director, along with special guests Rhyddian Olds from Citi and Madeleine Dassule from Wellington Management, and Emily Kei Kei Cheung from UBS, presented key initiatives and welcomed new members to the community.

At interop.io, we are thrilled to announce our elevation to Gold Membership status within the Fintech Open Source Foundation (FINOS). This milestone is a testament to our unwavering commitment to FDC3, open source collaboration, and innovation within the financial services industry. Our journey with FINOS began in 2017, and today, as a Gold member, we intend to further our contributions and leverage the extensive benefits included in the Gold membership.

Summary of Previous Calls and Meetings: 

• 29th of May: FINOS kicked off the FINOS LLM Exploration Project, looking to identify areas of collaboration for Financial Services Institutions to build and fund collaborative research and infrastructure. The call was well-attended with a high level of engagement. 
• 12th of June: the feedback received during the kick-off call - “Don’t try to solve the world!” - was embedded in the presentation. In the second half of the call, the following “prior art” was presented: 
  • FinBen (Financial Benchmarking), by Yanglet (Columbia University) 
  • OS-Climate Data Commons, by Cara Delia (RedHat) 
  • Zenith Open Data Repository, by Keith O'Donnell (Feynic Technology)

The Why

How prepared do Financial Services Institutions (FSIs) feel regarding cloud native threat detection and response? 

As part of its continuous effort to identify and address challenges across its member base, the Fintech Open Source Foundation (FINOS) and Silver member ControlPlane decided to focus on cloud native incident response readiness and address that question pragmatically and engagingly.

On June 26th we successfully hosted our annual Open Source in Finance Forum (OSFF) in London at the Park Plaza, Westminister. With nearly 600 participants, this event marked our largest event in the UK yet. A special thanks to our sponsors: FinOps Foundation, Hedera, and GitLab, as well as our community, digital, and partner sponsors; Canonical, ControlPlane, Syntasso, turntabl, GResearch, NatWest Group, Scott Logic and Red Hat. 

Watch the recordings now on our YouTube channel. Here are some of the highlights: 

During our recent Open Source in Finance Forum, we had the opportunity to recognize many of the incredible individuals making significant contributions and creating a positive impact in open source in financial services. We're extremely grateful for all of their work, along with so many others, and want to give them another shout out in this post!