--- title: "Open Source in Finance Podcast: Durable Execution & Open Source Innovation, Max Fateev, CTO Temporal" description: In this episode of the FINOS podcast, Grizz Griswold interviews Max, the Co-Founder and CTO of Temporal, which is a new member of FINOS. They delve into the concept of durable execution, a groundbreaking approach that allows processes to persist despite system failures, significantly improving developer productivity and resiliency. image: https://www.finos.org/hubfs/Open%20Source%20in%20Finance%20Podcast/Open%20Source%20in%20Finance%20Podcast%20%20Background%20%286%29.png --- [![FINOS](https://www.finos.org/hs-fs/hubfs/sofin%20assets/SOFIN%20LOGOS/finos-logo.png?width=543&height=126&name=finos-logo.png "FINOS")](https://finos.org) - [Projects](https://www.finos.org/projects) - [Artificial Intelligence (AI)](https://ai.finos.org/) - [Common Domain Model (CDM)](https://www.finos.org/common-domain-model) - [FDC3](https://www.finos.org/fdc3) - [Fluxnova](https://fluxnova.finos.org) - [FINOS Common Cloud Controls](https://www.finos.org/common-cloud-controls-project) - [High Performance Computing (HPC)](https://hpc.finos.org) - [OSERA](https://osera.finos.org/) - [Open Source Readiness Initiative](https://www.finos.org/open-source-readiness) - 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They delve into the concept of durable execution, a groundbreaking approach that allows processes to persist despite system failures, significantly improving developer productivity and resiliency. Max shares his extensive journey, from his early days at Amazon to co-founding Temporal, and the insights gained along the way. The discussion also explores the open-source model, the importance of security in financial services, and how Temporal's technology is revolutionizing the industry. Tune in to learn about the challenges and triumphs of building and managing a tech company, especially in the open-source ecosystem.     Find all of our podcasts at [**Anchor.fm**](https://anchor.fm/finos), [**Apple Podcasts**](https://podcasts.apple.com/us/podcast/finos-open-source-in-fintech-podcast/id1512371068), [**Spotify**](https://open.spotify.com/show/431XdfX2fBdCUsopwh8td3), and all podcast platforms. -=-=-=-=- ### SHOW NOTES [Max Fateev](https://www.linkedin.com/in/fateev/) [Temporal](https://temporal.io/)   [2024 State of Open Source in Financial Services Download](https://www.finos.org/state-of-open-source-in-financial-services-2024) [FINOS Current Newsletter Here](https://www.finos.org/newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)   [Grizz's Info](https://www.linkedin.com/in/aarongriswold/) | [grizz@finos.org](mailto:grizz@finos.org) ►► [Visit FINOS www.finos.org](https://www.finos.org/) ►► [Get In Touch: info@finos.org](mailto:info@finos.org) #### [SUBSCRIBE TO THIS WEEK AT FINOS](mailto:community+subscribe@finos.org) ►► [Visit FINOS www.finos.org](https://www.finos.org/) ►► [Get In Touch: info@finos.org](mailto:info@finos.org) -=-=-=-=- ### time stamps 00:00 Introduction to Business Logic Simplification 01:01 Welcome and Guest Introduction 01:46 Max's Career Journey 04:11 Building Temporal and Its Evolution 06:13 Challenges and Successes in Open Source 07:33 Managing People vs. Technology 13:20 Durable Execution Explained 17:55 Temporal's Impact on Financial Services 23:01 Open Source Security and Business Model 27:38 Upcoming Events and Future of Open Source in Finance 32:09 Closing Remarks -=-=-=-=- # **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.   **Interested in FINOS open source projects? Click the link below to see how to get involved in the FINOS Community.** [![Get Involved](https://no-cache.hubspot.com/cta/default/2419532/89037a0a-24fa-4ef5-bbf8-34d9a45ea1d3.png)](https://cta-redirect.hubspot.com/cta/redirect/2419532/89037a0a-24fa-4ef5-bbf8-34d9a45ea1d3)   [**FINOS Good First Issues**](https://github.com/search?q=org%3Afinos+is%3Aopen+label%3A%22good+first+issue%22&unscoped_q=is%3Aopen+label%3A%22good+first+issue%22) - Looking for a place to contribute? 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