Community Blog

Community Blog

Banking Tech Awards: Best FinTech Partnership - Goldman Sachs and FINOS for Legend

December 02, 2021

We are honored to win the 2021 Banking Tech Awards for Best Fintech Partnership Award with Goldman Sachs, for our collaboration on the Legend project.

 

FINOS-award-winner-banking-tech-2021

 

BEST FINTECH PARTNERSHIP

In November 2019, at the FINOS flagship Open Source Strategy Forum, FINOS Platinum member Goldman Sachs announced their intention to open source its internally developed Legend data management platform into FINOS.

Legend provides an excellent opportunity to bring subject matter expertise to data models, as its single, visual platform enables engineers and non-engineers - regardless of their technical background - to develop data-centric applications and data-driven insights.

Between April and September 2020, Goldman Sachs led several data modeling efforts as part of the FINOS Legend Studio Pilot to develop extensions to the International Swaps and Derivatives Association's Common Domain Model (ISDA CDM).

The Legend Pilot established a model for future collaboration, where:
  • FINOS provides a secure environment for the financial services community to seamlessly develop open source code and standards
  • Financial services organizations contribute use cases and code
  • Standards bodies consolidate industry-wide input in a transparent and efficient way.

Legend was open sourced and contributed into FINOS in late 2020 and is available on GitHub for anyone to use and contribute to. 

Earlier in 2021, Goldman Sachs announced the creation of an Open Source Program Office and the launch of the Goldman Sachs Developer Blog. They recently contributed the CatchIt Secret Scanner into FINOS. We look forward to continuing our collaboration with Goldman Sachs, and to fostering the growth of open source in financial services.

Legend Website

Legend Repo

Legend Case Study

Legend 101

Legend Feature Deep Dive

CatchIT Secret Scanner Contribution

CatchIT Repo

Goldman Sachs Developer Blog

 

See all of the Banking Tech Award winners here

 

 

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