Does 2018 already feel like a distant memory? Surely it's been more than a month since you were gathered around a table with friends and families, catching some sun, cruising some slopes or just enjoying time to yourself. At FINOS we did enjoy some time off but have been back to work reflecting on the successes and challenges of 2018 and figuring out how to help the financial services industry move the needle of open source engagement in 2019. It's hard to believe we started this exciting journey only 9 months ago....but we have some evidence, so check out our oldie but goodie, FINOS launch keynote!
Read Q4 2018 highlights below, which include the launch of three new programs and a fantastic OSSF.
2019 is shaping up to be an exciting year and we hope you will get involved. With 11 active Programs (working groups and projects focused on a specific area) and new Members and participants joining every month there is plenty to discover and deliver. Look for more announcements soon about our programs and events and get in touch if you have questions or can't find what you are looking for.
From the introduction:
"The financial technology industry is moving into a new era of engagement with open source technologies and communities. Having used open source components for decades to build their products and run their data centers, financial services and fintech firms are increasingly realizing that active participation in open source development is necessary to fully realize their goals to spur innovation, reduce development costs, and attract top talent. This paper outlines how."
#OSSF2018 had a fantastic turnout and excellent sessions, which served to both accelerate the open source readiness of our Members and wider Community and reinforce the global nature of our Community. We launched new FINOS programs, provided valuable networking, and our speakers delivered substantive talks and guidance on open source integration within financial services. There was also a good amount of Nespresso and Twinnings consumed in the process.
We received overwhelmingly positive feedback on the conference, and for the many of you who asked, we have shared videos and presentations from the majority of the talks and presentations.
Please be on the lookout for announcements on #OSSF2019 and if you are interested in hosting or speaking don't hesitate to let us know!
In case you missed it, here are some concrete examples of the FINOS Community embracing open innovation. Between October and December, FINOS announced three new open source + fintech programs. Here's a little bit about each of them:
The past few months have been action packed at FINOS. Here's a sampling of some articles and podcasts about the foundation, and our members:
‘This is not a big boys club’: FINOS seeks to open up open source
Read this thoughtful article that delves deeply into the problems financial services face when it comes to adopting open source. With input from industry experts Jim Adams from JP Morgan, Amber Baldet from Clovyr and Gabriele Columbro from FINOS, a key takeaway is that it's valid for organizations to want to keep their "secret sauce" but there are large amounts of software that do not confer commercial advantage and offer great opportunities to collaborate in a trusted environment to deliver solutions to cross-industry challenges.... READ MORE
Amber Baldet, Rob Underwood, open source and blockchain in Fintech
Amber Baldet, Co-founder and CEO at Clovyr and Rob Underwood, SVP & Director of Program at Finos offer their perspective, and simplify the debate, on blockchain and open source in Fintech, from New York to London... READ MORE
Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats
Clovyr’s Amber Baldet was at the FINOS Open Source Strategy Forum to announce a partnership with IHS Markit on the FINOS Decentralized Ecosystem Growth Program and here discusses the specific needs of enterprises and the potential of open, decentralized systems... LISTEN HERE
’What’s the future of open development platforms? Find out at an upcoming FINOS forum.
How Open Source 'Can Become The Default' In Financial Services Collaboration
The finance industry is going through a technological revolution — sometimes in fits and starts.
Amid the waves of change that have come with the advent of mobile, cloud and blockchain technology, a group of industry players have embraced open source technology as an accelerator of technological innovation.
Those players, including Wall Street’s largest banks, gathered at the Open Source Strategy Forum in London Nov. 14... READ MORE
We're busy filling our events calendar with meet-ups, webinars, blogs, white papers, training sessions and more so check back regularly for additional detail. And if you'd like to partner with us on any of these activities please email marketing@finos.org.