--- title: Open Source Readiness - Weekly Update - 2 May 2023 description: "This year at FINOS we are focusing on one of FINOS' key existing projects: Open Source Readiness. This is FINOS' term for helping the finance industry \"do open source properly\". " image: https://www.finos.org/hubfs/Community%20Blog/2023-05-03%20OSR%20Blog%20Post.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) - [OS-Climate](https://www.finos.org/os-climate) - [Try our Projects](https://www.finos.org/project-sandbox) - [All Projects Landscape](https://landscape.finos.org/) - 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[OSFF London 2026 Videos](https://www.finos.org/osff-london-2026-videos) - [apidays Paris 2025 Videos](https://www.finos.org/apidays) - [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) - [OS-Climate](https://www.finos.org/os-climate) - [Try our Projects](https://www.finos.org/project-sandbox) - [All Projects Landscape](https://landscape.finos.org/) - [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/) - [Fluxnova Con at OSFF NY](https://www.finos.org/fluxnova-con-at-osff-ny-2026) - [OSFF NY Workshops](https://www.finos.org/osff-ny-2026-workshops) - [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 Readiness - Weekly Update - 2 May 2023 May 02, 2023 [Rob Moffat](https://www.finos.org/blog/author/rob-moffat) This year at FINOS we are focusing on one of FINOS' key existing projects: [Open Source Readiness](https://www.finos.org/open-source-readiness). This is FINOS' term for helping the finance industry "do open source properly".  Greetings from New York! FINOS has gathered together in (extremely rainy and wet) New York this week for a bumper collection of activities culminating in the [BMO Hackathon on Wednesday and Thursday](https://www.finos.org/hosted-events/2023-05-03-member-exclusive-hackathon-bmo). But before that we have today’s **Banks-Only OSR Roundtable** at **11-12 PM (ET)** or **4-5 PM (BST)** (for Zoom attendees) held under [Chatham House Rule](https://en.wikipedia.org/wiki/Chatham_House_Rule). The votes are in and we will be discussing [Licenses](https://osr.finos.org/docs/bok/Artifacts/Licenses), [CLAs](https://osr.finos.org/docs/bok/Artifacts/CLAs-And-DCOs) and [License Compliance Management](https://osr.finos.org/docs/bok/Activities/Level-2/License-Management). As a SIG, these are topics close to our heart and we’ve been over them previously in many meetings. However, this time we have [extensive](https://osr.finos.org/docs/bok/Activities/Level-2/License-Management) [peer-reviewed](https://osr.finos.org/docs/bok/Artifacts/CLAs-And-DCOs) [documentation](https://osr.finos.org/docs/bok/Artifacts/Licenses) to guide the discussion, so we’ll be reviewing what the SIG has contributed in previous sessions and seeing if we can shoot some holes in it! Join us for some target practice! Event Details are [on Github](https://github.com/finos/open-source-readiness/issues/118) and the [FINOS Calendar](https://calendar.google.com/calendar/u/0/embed?src=finos.org_fac8mo1rfc6ehscg0d80fi8jig@group.calendar.google.com&ctz=America/New_York). ### OSR at the FINOS Synechron Meetup [Synechron](https://www.synechron.com/) has hosted several top-notch FINOS meetups in the past and I was delighted to be a part of this one, taking the stage to talk about the progress made by the OSR SIG since announcing our new strategy at OSFF in December 2022. I talked about how the SIG had come together and written articles across all manner of subjects - training, compliance, managing open source, software inventory, roles, risks, regulations - we’ve achieved a lot in a short time! ![undefined-May-03-2023-12-56-59-5441-AM](https://www.finos.org/hs-fs/hubfs/undefined-May-03-2023-12-56-59-5441-AM.png?width=1600&height=1200&name=undefined-May-03-2023-12-56-59-5441-AM.png)  I was also able to talk about where this is heading - we want to change the narrative around open source in finance - not just small pockets of open source activism but broad-based acceptance across the industry of this new way of working and collaborating. ![IMG\_4764](https://www.finos.org/hs-fs/hubfs/IMG_4764.jpg?width=519&height=389&name=IMG_4764.jpg) I talked about our desire to build training and certification and formalize the open source maturity that we’ve talked about in many of the previous OSR blog articles.   At some point over the next few weeks I’ll make the presentation available on [osr.finos.org](http://osr.finos.org/) for everyone who couldn’t make it in person. ![IMG\_4758](https://www.finos.org/hs-fs/hubfs/IMG_4758.jpg?width=1600&height=1200&name=IMG_4758.jpg) The evening culminated in a passionate discussion about the technicalities of open source in finance - very much like a good OSR SIG session!  A great evening spent with some talented and passionate people. Author: Rob Moffat   **Interested in this FINOS open source project, or any of our other 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)   ### Share this: - [Tweet](https://twitter.com/share) [← Open Source Readiness - Weekly Update - 25 April 2023](https://www.finos.org/blog/open-source-readiness-weekly-update-25-april-2023) [Open Source Readiness - Weekly Update - 9 May 2023 →](https://www.finos.org/blog/open-source-readiness-weekly-update-09-may-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)