--- title: Open Source in Finance Podcast: FINOS Announces Formation of an Open Source Standard Project for Financial Services Common Cloud Controls description: In this episode of the podcast, we return to our FINOS Debrief episode as a wrap-up to the past few months and look forward to what's to come! image: https://www.finos.org/hubfs/Open%20Source%20in%20Finance%20Podcast/Open%20Source%20in%20Finance%20Podcast%20-%20Aaron%20Grizz%20Griswold-2.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) - 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[Community](https://www.finos.org/engage-with-our-community) - [FINOS Community Calendar](https://www.finos.org/calendar) - [Community Quickstart](https://www.finos.org/get-involved) - [FINOS Community Site](https://community.finos.org/) - [Contribute](https://community.finos.org/docs/governance/Software-Projects/contribution) - [Unable to Contribute?](https://www.finos.org/open-source-readiness) - [Join our Slack channel](https://finos-lf.slack.com/messages/finos-community/) - [Recognize a contributor](https://github.com/finos/community/issues/new?assignees=mcleo-d&labels=community-recognition&template=Community-Recognition.md&title=FINOS+Community+Recognition) - [Ambassador Program](https://www.finos.org/ambassador-program) - [Membership](https://www.finos.org/membership-benefits) - [Members](https://www.finos.org/members) - [Inquire](https://www.finos.org/membership-benefits#become-a-member) - [Join](https://joinnow.platform.linuxfoundation.org/?project=finos) - [Member ROI Summary & Calculator](https://www.finos.org/roi-report-calculator) - [Dependency Consumption Analysis](https://www.finos.org/dependency-consumption-analysis) - Resources - [2025 Mission & Vision](https://www.finos.org/2024-in-review-2025-vision) - [Research & Case Studies](https://www.finos.org/research-case-studies) - [Training](https://training.linuxfoundation.org/finos/) - [Open Source Maturity Model](https://osr.finos.org/docs/bok/OSMM/Introduction) - [Contributions Live Dashboard](https://metrics.finos.org) - [Our Github Organization](https://github.com/finos/) - [Our Developer Toolchain](https://odp.finos.org/) - [FINOS Store](https://store-finos.myshopify.com/) - News & Events - [This Week At FINOS](https://www.finos.org/this-week-at-finos) - [Community Blog](https://www.finos.org/blog) - [Newsletter](https://www.finos.org/newsletter) - [Podcast: Open Source in Finance](https://www.finos.org/open-source-in-finance-podcast) - [Press Releases](https://www.finos.org/press) - [FINOS Events](https://www.finos.org/hosted-events) - [Community Events](https://www.finos.org/featured-events) - [Community Spotlight](https://www.finos.org/community-spotlight) - [Stay Informed](https://www.finos.org/sign-up) - [About](https://www.finos.org/about-us) - [Stay Informed](https://www.finos.org/sign-up) - [FAQs](https://www.finos.org/faq) - [Contact Us](https://www.finos.org/contact-us) - [Governing Board](https://www.finos.org/governing-board) - [Technical Oversight Committee](https://www.finos.org/technical-oversight-committee) - [Team](https://www.finos.org/team) - [Governance](https://www.finos.org/governance) - [Code of Conduct](https://www.finos.org/code-of-conduct) - [OSFF + Videos](https://events.linuxfoundation.org/open-source-finance-forum) - [OSFF 2026](https://events.linuxfoundation.org/open-source-finance-forum/) - [OSFF Toronto 2026 Videos](https://www.finos.org/osff-toronto-2026-videos) - [OSFF New York 2025 Videos](https://www.finos.org/osff-nyc-2025-videos) - [OSFF London 2026 Videos](https://www.finos.org/osff-london-2026-videos) - [apidays Paris 2025 Videos](https://www.finos.org/apidays) ![Community Blog](https://www.finos.org/hubfs/10.04.19.FINOS_WebsiteBanners_3.png) # Community Blog # Open Source in Finance Podcast: FINOS Announces Formation of an Open Source Standard Project for Financial Services Common Cloud Controls August 01, 2023 [Grizz Griswold](https://www.finos.org/blog/author/grizz-griswold) In this episode of the podcast, we discuss the formation of a new major project in FINOS around common cloud controls for financial services. Episode show notes and transcript are available below. Audio Podcast Version 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  Get involved now [here](https://www.finos.org/common-cloud-controls-project) Read the Press Release [here](https://www.finos.org/press/finos-announces-formation-of-common-cloud-controls) [US Department of Treasury Cloud Report](https://home.treasury.gov/system/files/136/Treasury-Cloud-Report.pdf) [UK HMT Critical 3rd Party Finance Sector Policy Statement](https://www.gov.uk/government/publications/critical-third-parties-to-the-finance-sector-policy-statement) [European Council DORA](https://www.consilium.europa.eu/en/press/press-releases/2022/11/28/digital-finance-council-adopts-digital-operational-resilience-act/) [Monetary Authority of Singapore Cloud Advisory](https://www.mas.gov.sg/-/media/MAS/Regulations-and-Financial-Stability/Regulatory-and-Supervisory-Framework/Risk-Management/Cloud-Advisory.pdf) All Links on Current Newsletter [here](https://www.finos.org/newsletter⁠⁠⁠) NYC November 1 - [Open Source in Finance Forum](⁠⁠https://events.linuxfoundation.org/open-source-finance-forum-new-york/⁠⁠) 2023 [State of Open Source in Financial Services Survey](https://www.research.net/r/NX3VVXM⁠) 2022 State of Open Source in Financial Services [Download](https://www.finos.org/state-of-open-source-in-financial-services-2022⁠⁠⁠) A huge thank you to all our sponsors for [Open Source in Finance Forum New York](https://events.linuxfoundation.org/open-source-finance-forum-new-york/⁠) [⁠](https://events.linuxfoundation.org/open-source-finance-forum-new-york/)that will take place this November 1st at the New York Marriott Marquis, especially to our Leader sponsor: Databricks. And our Contributor and Community sponsors: Adaptive/Aeron, Discover, FinOps Foundation, instaclustr, mend.io, OpenJS, Open Mainframe Project, Perforce, Red Hat, Sonatype, and Tidelift. Registration is now open and early bird pricing is available till August 18th. [Join us in NYC!](https://events.linuxfoundation.org/open-source-finance-forum-new-york/) If you would like to sponsor or learn more about this event, please send an email to [⁠sponsorships@linuxfoundation.org⁠](mailto:sponsorships@linuxfoundation.org). [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) -=-=-=-=- ### Transcript Coming soon.. -=-=-=-=- ### 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? Take a look at good first issues across FINOS projects and get your feet wet in the FINOS community. [**State of Open Source in Financial Services Report 2021**](https://finos.org/state-of-open-source-in-financial-services-2021) - Learn about what is really happening around open source in FSI. [**This Week at FINOS Blog**](https://finos.org/this-week-at-finos?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo) - See what is happening at FINOS each week. [**FINOS Landscape**](https://landscape.finos.org/?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo) - See our landscape of FINOS open source and open standard projects. [**Community Calendar **](https://calendar.google.com/calendar/embed?src=finos.org_fac8mo1rfc6ehscg0d80fi8jig%40group.calendar.google.com&ctz=America%2FNew_York&utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo)- Scroll through the calendar to find a meeting to join. [**FINOS Slack Channels**](https://finos.org/blog/finos-announces-new-community-slack?utm_campaign=20210428%20-%20FINOS%20All%20Community%20Call%20-%20Q2%202021&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo) - The FINOS Slack provides our Community another public channel to discuss work in FINOS and open source in finance more generally. [**Project Status Dashboard**](https://metrics.finos.org/goto/7bfcb03f027a1406c997d731d4715ea7?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo) - See a live snapshot of our community contributors and activity. [**Events**](https://finos.org/news-and-events?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo) - Check out our upcoming events or email [**marketing@finos.org**](mailto:marketing@finos.org) if you'd like to partner with us or have an event idea. [**FINOS Virtual "Meetups" Videos & Slides**](https://finos.org/knowledge-base?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo#finos-event-videos) - See replays of our virtual "meetups" based around the FINOS Community and Projects since we can't all be in the same room right now. [**FINOS Open Source in Finance Podcasts**](https://anchor.fm/finos?utm_campaign=20210428%20-%20FINOS%20All%20Community%20Call%20-%20Q2%202021&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-9Zgn2rjI2nlAwd4d3Mf5LKC8CmqUJ1wzZYFYOTKgWIuCxaowceMq1Y0ZiFrWPAcWoelavo) - Listen and subscribe to the first open source in fintech and banking podcasts for deeper dives on our virtual "meetup" and other topics.   ### Share this: - [Tweet](https://twitter.com/share) [← Open Source Readiness - Weekly Update - 25 July 2023](https://www.finos.org/blog/open-source-readiness-weekly-update-25-july-2023) [Open Source Readiness - Weekly Update - 1 August 2023 →](https://www.finos.org/blog/open-source-readiness-weekly-update-1-august-2023) [![FINOS Logo](https://www.finos.org/hs-fs/hubfs/sofin%20assets/SOFIN%20LOGOS/FINOS_Icon_Wordmark_White.png?width=689&height=971&name=FINOS_Icon_Wordmark_White.png "FINOS Logo")](https://www.finos.org/) [![Twitter logo](https://finos.org/hubfs/2419532/FINOS/website/logos/social-logos/twitter-blue-social-panel.png)](https://twitter.com/finosfoundation) [![GitHub logo](https://finos.org/hubfs/2419532/FINOS/website/logos/social-logos/github-black-social-panel.png)](https://finos.github.io) [![LinkedIn logo](https://finos.org/hubfs/2419532/FINOS/website/logos/social-logos/linkedin-blue-social-panel.png)](https://www.linkedin.com/company/finosfoundation) [![SlideShare logo](https://finos.org/hubfs/2419532/FINOS/website/logos/social-logos/Homepage%20Social%20Panel/slideshare-logo.png)](https://www.slideshare.net/finosfoundation) [![YouTube logo](https://finos.org/hubfs/2419532/FINOS/website/logos/social-logos/Homepage%20Social%20Panel/youtube_logo-1.png)](https://www.youtube.com/channel/UCfJAdRALzJ7J7snubrb_Y-Q) [Contact Us](https://www.finos.org/contact-us) [info@finos.org](mailto:info@finos.org) +1 (650) 665-9773 [Privacy | ](https://www.finos.org/privacy-policy)[Terms of Service |](https://www.finos.org/terms-of-service)[Community Code of Conduct |](https://www.finos.org/code-of-conduct)[Email Preferences](https://www.finos.org/hs/manage-preferences/unsubscribe-simple) ![](https://px.ads.linkedin.com/collect/?pid=537250&fmt=gif)