Open source in financial services is here to stay. It has developed into the default industry computing model. But two questions remain. First, where are you on the adoption curve? The other is: what can you do to maximize the benefits?
OpenFin CEO and FINOS Board member Mazy Dar sits down with TABB Group's senior analyst Dayle Scher to discuss trends he's observing in open source and open standards for desktop interoperability, including the FINOS FDC3 Program. Dar is enthusiastic about the use of open source in finance to help resolve workflow and technology issues.
A lot has been going on in the FINOS Community over the last couple of months. So much that, until today, I haven't had a chance to stop and reflect on what our Community has accomplished in less than 7 months since FINOS, the Fintech Open Source Foundation, was launched.
Most importantly, I see that the progress our Community is making will positively impact the global financial services industry, from those who drive and deliver technology across the organizations to those, end users, who consume the services. We all benefit from the improvements and advancements that our open source Community is bringing to the financial services ecosystem.
The tl;dr is quite simple: our industry is increasingly eager and ready to embrace open collaboration as a prime way to deliver innovation and efficiency. It's time to catch up with, and maybe even surpass, Silicon Valley and there's an opportunity for all of you, companies and individuals, to benefit from this shifting paradigm and disrupt the way we build financial technology.
Today is #GivingTuesday, a day when we turn our attention away for a moment from holiday shopping for family and friends and tune into important causes within our communities and around the world.
Perhaps the most important ingredient that makes open source projects successful is diverse and vibrant developer communities. To create thriving open source communities for the long term, we must support efforts to expand computer science education, especially amongst communities that have traditionally been underrepresented in both technology and financial services.
This article originally appeared on IoT Evolution here.
Voice may be the last frontier for cloud, or it may be the best.
While the industry in general has been focused on cloud computing since the turn of the century, voice continues to be the most popular form of communications, becoming even more popular with the advent of voice activated assistants, natural voice technologies, AI integrations and more.
This post was originally published in Yahoo Finance.
Glue42, the company bringing an entirely new desktop experience to capital markets, retail banks, and insurance firms, announced today that developers can now acquire and deploy individual Glue42 services to augment their existing interop frameworks or containers. This new capability was largely made possible because of the emergence of platform agnostic standards, especially the Financial Desktop Connectivity and Collaboration Consortium (FDC3), a program of the Fintech Open Source Foundation (FINOS).This press release features multimedia. View the full release here:
Sounds like the beginning of a bad joke, right? Perhaps, but now that FINOS has officially launched, we’ve been focusing on bridging the gaps in understanding and perspective that exist between traditional front office executives and the growing ranks of technologists within financial services firms, including in the C suite.