Introduction
FINOS, the Fintech Open Source Foundation, and Linux Foundation Research have partnered with GitHub, Red Hat and Scott Logic for the last four years to study the state of open source adoption, contribution, and readiness in the financial services industry. Download this year’s report to learn how the industry is evolving and innovating, along with the challenges that remain.
Report Abstract
The 4th annual FINOS research report analyzes quantitative and qualitative data to understand industry-wide trends in open source adoption across the financial services industry, including banks, asset managers, hedge funds, fintechs, and more.
This year’s report explores the industry’s progress in enabling contributions, showing a significant increase in contributions but slower growth in the number of contributors as organizations continue to work on the policies and tools needed to streamline contributions while mitigating risks. The report also delves into policies and practices around open source consumption, including the importance of selection and maintenance of OSS to reduce vulnerabilities, security risk, and technical debt.
It examines the crucial role that foundations play in fostering collaboration in this highly regulated industry and how this has led to the development of projects, standards, and shared frameworks that solve industry-specific challenges. It further drills into the industry’s open source engagement in strategic areas including AI, cloud, interoperability, and regulatory compliance.
This report offers essential insights for everyone—from developers to senior executives—on the strategic role of open source in financial services. With year-over-year data and fresh perspectives, it explores how open source drives innovation and resilience. Whether you're new to open source or a seasoned pro, you'll find actionable guidance to elevate your organization’s open source practices.
Questions
If you have questions regarding the survey or report please email us at info@finos.org.
