As a Gold Member of FINOS, Red Hat is a proud sponsor of OSFF and will be speaking on several industry topics lead by industry leaders Richard Harmon, Monica Sasso, Marius Bogoevici and Sam Marland, with the rest of the Red Hat team available for chatting with you on the exhibit show floor throughout the duration of the event.

Insights and Expertise on Display

There is little debate that open source technology is accelerating its influence in the financial services sector, yielding tangible benefits including lowered development expense, enhanced security, and accelerated innovation. The 2025 OSFF speaking sessions have been carefully selected specifically for principal decision-makers in the financial sector, including C-suite and managing directors, to spotlight groundbreaking advancements, deliver insights on best practices, and provide exclusive access among leaders shaping open source in finance.

Red Hat is proud to showcase three planned speaking sessions:

Topic 1 : DORA: How to balance compliance with innovation

Monica Sasso, Red Hat, Global Financial Services Digital Transformation Lead; IBM Industry Diamond, Banking & Financial Markets; Global Chairwoman,Women's Leadership Community

The Digital Operational Resilience Act (DORA) is a game-changer for the EU financial services industry, establishing uniform ICT risk management, incident reporting, and third-party risk regulations. Unlike previous sector-specific frameworks, DORA mandates a horizontal implementation across entire firms, ensuring a ‘Minimum Viable Bank’—continuity of critical services amid disruption.

• DORA aligns with the financial sector’s shift toward decentralized technology models, where hybrid cloud adoption has introduced operational complexity. A successful DORA implementation hinges on open hybrid cloud platforms, enabling interoperability, scalability, and AI-driven innovation. 
• Regulatory compliance may seem burdensome, but DORA presents an opportunity by fostering a tech-first mindset, enhancing resilience, and driving strategic modernization. 
•  Open-source software can be leveraged for compliance,  supporting regulatory transparency, interoperability, and secure threat intelligence sharing - adding future proofing capabilities to financial services operations.

DORA isn’t just a compliance mandate—it’s an opportunity to build a more secure, adaptable, and modern financial ecosystem. Rather than a regulatory checkbox, it is an industry-wide resilience strategy, securing financial services for the future.

More information on Monica Sasso:  LinkedIn page 

Topic 2 : Using Artificial Intelligence to Fight the Environmental Crisis

Richard Harmon, VP & Global Head of Financial Services, Red Hat, General Board Member OS-Climate

Steven Tebbe, Strategic Advisor, FINOS | OS-Climate Fund, former CEO Global Footprint Network

The EU AI Act represents a key regulatory advancement by incorporating environmental sustainability into AI governance.  It introduces principles for eco-friendly AI development, necessitates energy logging for high-risk AI systems, and demands lifecycle environmental impact assessments, with an emphasis on green AI, resource monitoring, and efficiency benchmarks. While these advancements are well-intentioned, the Act's reliance on voluntary standards may hinder compliance, and its primary focus on energy consumption could diminish attention to wider ecological consequences. Challenges persist, but this legislation signifies progress toward sustainable AI and underscores the necessity for more robust enforcement better aligning AI development with environmental objectives.

Numerous avenues exist for AI to boost environmental sustainability: 

• Green Investment Analysis – analytics can assess the environmental impact of investments, helping banks allocate funds to sustainable projects and companies with strong Environmental, Social, & Governance (ESG) credentials.
• Carbon Footprint Tracking – analysis of transaction data estimating carbon footprints for businesses and consumers. 
• Energy Efficiency Optimization – reduce energy usage in bank branches, data centers, and ATMs by predicting and adjusting energy consumption.
• Sustainable Lending Decisions – AI-driven credit risk models can integrate environmental impact factors, by prioritizing loans to eco-friendly loans  and projects.
• Regulatory Compliance & Reporting – automate ESG reporting, helping comply with sustainability regulations through efficient analysis of environmental data.
• Fraud Detection in Greenwashing – detect misleading sustainability claims (greenwashing) by analyzing corporate disclosures and supply chain data
• Climate Risk Assessment – models to predict climate-related risks, such as extreme weather events, and their impact on assets, loans, and insurance policies. 

More information on Richard Harmon and Steven Tebbe : 

Richard Harmon: LinkedIn page & Steven Tebbe: LinkedIn page

Topic 3 : An Open-Source Data Platform for Financial Institutions

Marius Bogoevici, Director, Red Hat, Chief Architect Team, Field CTO Organization

Financial institutions require solutions for creating and sharing high quality data sets, internally and externally for analytics and AI/ML.

As a practical exercise, exploration will be conducted of the foundational piece of OS-Climate Data Commons: the data platform providing producers and consumers of data - with a toolbox for sharing datasets, as well as easily creating and sharing new datasets on the platform.

• Discussion centers on Data-as-Code, GitOps, and CI/CD to data ingestion, transformation and publishing.  Based on the conceptual framework of the Data Mesh, a demonstration of a Data Platform built with open source components such as Apache Airflow, Spark, Apache Iceberg, Trino, Unity running cloud-natively on Kubernetes. 
• This discovery path has wide industry appeal facing problems common to services institutions in the data space  - e.g., self-servicing data infrastructure for running ETL pipelines, and decentralizing data product ownership while preserving security and regulatory compliance in a federated governance model.

More information on Marius Bogoevici: LinkedIn page

OSFF and Red Hat

As a Gold Member of FINOS, Red Hat will be participating throughout the event with multiple opportunities for interaction and engagement with attendees. As a leader in open source technology, Red Hat is uniquely positioned to highlight the pivotal role it will play in shaping the future of financial services. Organizations will continue to evolve and adapt, and the collaborative spirit of open source remains a driving force, unlocking new possibilities and ensuring a resilient and innovative future for the financial services sector. 

Author: Red Hat Team