FINOS UPDATE
23 OCTOBER 2024
FINOS UPDATES
JOIN US FOR OUR OPEN SOURCE IN FINANCE WEBINAR HOSTED BY PERCONA
Join us tomorrow Thursday, October 24th at 11am ET / 4pm BST for an exciting session in our Open Source in Finance Webinar Series, featuring experts from Percona. Learn how open source databases can drive innovation and efficiency in the financial sector.
Find more information and register here
OPEN SOURCE IN FINANCE FORUM NEW YORK - HIGHLIGHTS & ANNOUNCEMENTS
The 2024 State of Open Source in Financial Services Report
Congratulations to the 2024 FINOS NYC
Announcements
- BlackRock and Morgan Stanley Achieve FDC3 2.0 Conformance
- FINOS Releases First Draft of AI Governance Framework
Sessions are available on the FINOS YouTube Channel. Further recordings will be posted in the upcoming weeks. View the OSFF Flickr photo album here.
ENROLL NOW: INTRODUCTION TO THE COMMON DOMAIN MODEL (CDM)
We're excited to launch a new training course in collaboration with TradeHeader and The Linux Foundation, "Introduction to the Common Domain Model (CDM). This course offers an overview of the CDM, covering its significance, scope, purpose, and its application in financial markets. Whether you're new to CDM or looking to deepen your understanding, this course is designed for all levels—no prior knowledge of CDM is required!
Enroll today
LAUNCH OF THE OPEN REGULATORY REPORTING PROJECT (ORR)
Earlier this year we launched the Open Regulatory Reporting (ORR) project to simplify Digital Regulatory Reporting (DRR). Built on the Common Domain Model (CDM) and cloud technology, ORR aims to enhance transparency and efficiency in regulatory reporting. We encourage the community to explore the project, share feedback, and engage with the repository. You can find the project’s README in the Open Source Regulatory Reporting GitHub repository.
HTC-GRID CONTRIBUTION TO FINOS
We're delighted to announce the successful contribution of HTC-Grid to FINOS. Developed at AWS, HTC-Grid is a high-throughput HPC solution designed to run complex risk calculations with scalable, cloud-based services. The project offers massive scale, high throughput, and seamless infrastructure orchestration. We invite the community to explore the project, contribute feedback, and help enhance its features.
Blog posts & updates
Blog Posts:
- FINOS DEI SIG Advances Responsible AI - Rimma Perelmuter & Karl Moll, FINOS
- Rune Contribution - Leo Labeis, REGnosys
- Innersource And Enterprise: Win Win Collaboration - Anuj Agarwal & James McLeod, NatWest Group Open Source Program Office
- OSFF NYC 2024 Highlights
- September 12th: In person Coding Session at Microsoft Times Square
- Futurespective: The Evolution of Open Source And Cloud Native in FSI - Francesco Beltramini, ControlPlane
- Why Financial Services Firms Are Choosing Open Source Databases to Drive Innovation - David Stokes, Percona
- Q3 2024 All Community Call Recording
Podcast Episodes:
- Future of Banking with Open Source - Ann Schlemmer, Percona
- Exploring Interoperability - Dan Schleifer, interop.io
- Regulatory Challenges in Finance - Leo Labeis, REGnosys
- Securing AI: Exploring ML SecOps and AI-SPM - Daryan Dehghanpisheh, Protect AI
- Building Open Source Excellence - Stoirm Arnold, turntabl
- Unlocking FinTech's Future with Cloud Native Solutions - CNCF, Jake Pineda
- Securing Financial Services with Open Source - Anthony Tortola, Suse
finos in the news
- Banker-led group shares advice on gen AI's hallucinations, other risks - American Banker
- JPMorgan Chase leads banking sector in AI adoption: report - CIO Dive
- Open Source: Winning Over the Financial Services Industry - The New Stack
- Blackrock & Morgan Stanley Embrace Desktop Integration Standard - FTF (Financial Technologies Forum)
- FDC3 2.0 Conformance for Aladdin - Lance Braunstein, Head of Aladdin, BlackRock, LinkedIn
- FINOS Enlists Industry in AI Governance Framework Launch - FTF
- Banking tech alliance drafts enterprise AI adoption guidelines - CIO Dive
- FINOS Drafts AI Governance Framework for FIs - Finadium
- AI Surge Transforms Finance as Banks, Governance and Trading Evolve - PYMNTS
- Democratizing technology through AI - Moody's
- NextGen Reg Reporting: An open path forward has emerged - JWG
- Europe's Tech Future Hinges on Open Source AI - The New Stack
EVENTS
OPEN SOURCE IN FINANCE WEBINAR SERIES: PERCONA
"Cloud Native, Cost Conscious, No Compromise: Leveraging Open Source Databases in Financial Industry"
October 24th (Virtual): Join us for an exclusive webinar tomorrow Thursday, October 24th at 11am ET / 4pm BST hosted by FINOS member, Percona's Lori Lorusso and Sergey Pronin.
CITI INDIA HACKATHON, SUPPORTED BY FINOS
October 25th - November 15th (in person, Pune, India & Virtual): Citi is proud to launch the very first FINOS supported hackathon in India! This hybrid event is open to employees from FINOS Member Companies and students in India, offering a fantastic opportunity to innovate and contribute to the global fintech community. Prizes and global recognition await the winners! Hurry, registration closes today!
Find more information and register here
FINOS TECH SPRINT IN-PERSON CODING SESSION
September 12th: Join us for an in-person coding session as part of the FINOS Tech Sprint. Bring your laptops and contribute to open-source projects that build functional proofs of concept and reference architectures for real-world financial services use cases.
Secure your spot here
Stay tuned for upcoming events! If you haven't already, sign up now for regular updates.
LEARN MORE
FINOS Good First Issues - Looking for a place to contribute? Take a look at good first issues across FINOS projects and get your feet wet in the FINOS community.
State of Open Source in Financial Services Report 2024 - Learn about what is happening around open source in FSI.
This Week at FINOS Blog - See what is happening at FINOS each week and if you'd like to subscribe to the email, please send a note to community+subscribe@finos.org and you'll be added to the mailing list.
FINOS Landscape - See our landscape of FINOS open source and open standard projects.
Community Calendar - Scroll through the calendar to find a meeting to join.
FINOS Slack Channels - The FINOS Slack provides our Community another public channel to discuss work in FINOS and open source in finance more generally.
Project Status Dashboard - See a live snapshot of our community contributors and activity.
Events - Check out our upcoming events or email marketing@finos.org if you'd like to partner with us or have an event idea.
FINOS Open Source in Finance Podcasts - Subscribe and listen to the first open source in financial services and banking podcast.
Interested in FINOS open source projects? Click the link below to see how to get involved in the FINOS Community.