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Open Source in Finance Podcast: Debunking Common Fears About Open Source - Danese Cooper

September 09, 2021
In this episode of the podcast Danese Cooper, Founder & Chair of InnerSource Commons, and long time open source veteran discusses Debunking Common Fears about Open Source (a great segway into our Open Source Strategy Forums upcoming in London and New York in October and November - that deal with open source in the regulated industry of financial services). 
 
 
Episode show notes are available below.
 

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SHOW NOTES 

 

How can a regulated-industry business get ready for Open Source? That’s really a multi-layered question because of special requirements created by those regulations. The process of developing Open Source readiness through an internal InnerSource practice has been a focus in FinTech for most of the past decade, thanks to success stories from the likes of Lloyd’s Bank. How does the fact that FinTech companies are subject to strict regulation play into undertaking such a transformation? FINOS’s James McLeod was tweeting with Danese Cooper about a podcast they’d recorded when a follower asked that seemingly simple question, and out of the resulting conversation comes this webinar! We’ll be looking at issues such as PCI-compliance, GDPR-compliance, distributed-ledger systems such as Blockchain, and new regulations surrounding Transfer Pricing and exploring strategies to mitigate risk and what lessons can be learned from innovative new companies.

Slides PDF Link

 

Danese's Bio:

Ms. Danese Cooper has been the Head of Open Source Software at PayPal, Inc. since February 2014. She has served as inaugural Chairperson of the Node.js Foundation from June 2015-2017. Ms. Cooper previously served as the CTO of Wikimedia Foundation, Inc., as Chief Open Source Evangelist for Sun and as Sr. Director of Open Source Strategies for Intel. She concentrates on creating healthy open source communities and has served on the Boards of the Drupal Association, the Open Source Initiative, the Open Hardware Association and has advised Mozilla and the Apache Software Foundation. She also runs a successful open source consultancy which counts Bill & Melinda Gates Foundation, SETI Foundation, Harris Corporation and Numenta as clients. She has been known to knit through meetings.

Danese's Twitter | Danese's LinkedIn | InnerSource Commons

 

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About the Open Source in FINANCE Podcast

 
The FINOS Open Source in Finance Podcast celebrates open source projects and interesting topics at the cross section of financial services and open source. So far, our industry experts have discussed practical applications of and their real-world experiences with a range of open source projects including desktop interoperability, low code platforms, synthetic data, and data modeling. They’ve also discussed best practices for inner source, common myths about open source and why commercial companies choose to introduce open source offerings. Tune in and subscribe to hear what comes next.
 

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