Open innovation has given rise to many of the software innovations that are rapidly transforming the financial services industry—from the cloud, to big data, to blockchain. But all of these came from outside of financial services. To spur this kind of innovation within our industry, we first have to create the right environment for it. Our goal is to break down barriers to collaboration—between financial services firms and even within individual firms—to enable the cross-pollination of ideas necessary to spark transformative solutions to shared problems.
As a non-profit organization, our Members' contributions are the fuel that helps us garner contributions, adoption of our projects and enable faster innovation in the industry by collaborative resolution of financial services wide challenges.