Financial services firms are at a crossroads. The industry is facing unprecedented pressures, from growing customer expectations and fierce competition to stringent regulatory demands. Firms are also challenged to modernize legacy systems while keeping infrastructure costs in check. Staying competitive often means making bold moves—like transitioning to open source database software.
Join us for a recap of our Q3 All Community Call, where we shared exciting updates from across the FINOS ecosystem! In this session, we covered key announcements, upcoming events, and the latest initiatives in open source finance.
Whether you missed the live call or want to revisit some of the insights, we’ve got you covered with the full recording and slides below. Don't miss out on this opportunity to stay connected with the FINOS community and catch up on the latest developments.
Financialservicesinstitutionsworldwidearefacingincreasinglystringentregulations,with added complexity for those operating in multiple regions.
Those operating in Europe will be keenly aware of DORA, the Digital Operational Resilience Act.Thisregulationemphasizesacomprehensiveapproachtomanagingcybersecurityrisks, especially those related to software supply chains.
As active contributors and members of FINOS, Sonatype has observed a rising energy in the communitytocreatevalueforitsmembersandconsumersofitsprojects—especiallyregarding security and compliance for regulations. To better understand the value being created by the community, let’s take a closer look at the complexities of recent regulatory changes.
Author: Aaron Linskens, Technical Writer, Sonatype
The Cloud Native Computing Foundation (CNCF) will be presenting ten talks during the Open Source in Finance Forum in New York on September 30 and October 1. The presentations will drill down on the intersection of cloud native and finance, and will be ideal for enterprise audiences.
Here’s a quick overview of what to expect from the CNCF track at the conference.
The Linux Foundation's Open Source Security Foundation (OpenSSF) Secure Software Development Education 2024 Survey offers crucial insights that are particularly relevant to the financial services industry, including FINOS members such as sell-side banks, buy-side firms, and wealth managers. As these organizations increasingly rely on software to drive operations, the emphasis on secure software development becomes critical.
The report highlights areas where organizations from all industries, including financial institutions, can enhance their security practices to protect sensitive data, manage risk, prevent substantial financial losses, and maintain client trust.
At our Open Source in Finance Forum in London, industry leaders gathered to explore the future of cloud-native incident response in the first FINOS cloud native incident response tabletop exercise (TTX). Watch this recording for an overview of the findings from Francesco Beltramini and Ash Ward from ControlPlane and Laura Penhallow from Qudrature.
Are you a security professional at an FSI organisation? Get involved in our next tabletop exercise at OSFF NYC 2024.
At FINOS, we believe that the right schedule can make or break an event. For the Open Source in Finance Forum (OSFF) New York, we've meticulously crafted a program that not only aligns with industry needs but also maximizes the value for our attendees. Here's a look at why and how we designed the schedule and how you can make the most of it.
I was delighted to host the FINOS’ DEI Special Interest Group (SIG) session at the recent Open Source in Finance Forum (OSFF) London, addressing two seemingly unrelated yet highly connected issues of the day - the business case for diverse teams and how to deploy Responsible AI.
Our DEI group championed by FINOS members such as BMO, Citi, Morgan Stanley and NatWest has an ambitious program of activities that's championing best practices for embedding diversity and inclusivity across financial services institutions.
