Community Blog

Community Blog

Community over Code - why the financial services sector needs to join the open-source community

Scott Logic has recently joined FINOS (Fintech Open Source Foundation), an organisation which promotes open-source within financial services. I thought this would be a good time to share some of my own personal thoughts about the benefits of open-source, and how the financial services industry needs to think more about the community, than the code this community creates.

The road to achieving the value of open source in financial services might be bumpy, but the destination is worth the journey

December 18, 2018

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?

Enabling the Desktop of the Future: Mazy Dar, OpenFin

December 17, 2018

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.

Open source is crossing the chasm in the financial services industry

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.

Support Open Source Community Diversity: Support CS Education on #GivingTuesday

FINOS Community,

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.

Open Source Financial Service: FINOS Voice Program Expands with GreenKey

September 15, 2018

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. 

Glue42 Extends desktop User Experience via Open APIs

August 01, 2018

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: 

A banker and a developer walk into a bar…

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.

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