--- title: "FINOS In The News: AFTAs 2020: Best Collaboration Initiative—Finos" description: In a recent article in Waters Technology, FINOS has been awarded the American Financial Technology Awards Best Collaboration Initiative for 2020. image: https://www.finos.org/hubfs/FINOS-in-the-news-waters-afta-25-jan-21.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) - 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[apidays Paris 2025 Videos](https://www.finos.org/apidays) ![FINOS News](https://www.finos.org/hubfs/FINOS/website/banner-backgrounds/Community%20(Teal%2080).png) # FINOS News ## FINOS In The News: AFTAs 2020: Best Collaboration Initiative—Finos January 28, 2021 [**In a recent article in Waters Technology**](https://www.waterstechnology.com/awards-rankings/7735471/aftas-2020-best-collaboration-initiative-finos), FINOS has been awarded the American Financial Technology Awards Best Collaboration Initiative for 2020. [![FINOS-in-the-news-waters-afta-25-jan-21](https://www.finos.org/hs-fs/hubfs/FINOS-in-the-news-waters-afta-25-jan-21.png?width=2000&name=FINOS-in-the-news-waters-afta-25-jan-21.png)](https://www.waterstechnology.com/awards-rankings/7735471/aftas-2020-best-collaboration-initiative-finos) From the article: "Open-source technology has become a fixture on Wall Street, thanks to realities like the downward pressure on margins in financial institutions over the last decade, the rise of cloud technology, and the urgent need for more tech talent to drive innovation. That is why the Fintech Open Source Foundation (Finos) is bringing open source, open standards and collaborative software development to the capital markets, and has won the 2020 AFTA for the best collaboration initiative." [**The full article can be found here**](https://www.waterstechnology.com/awards-rankings/7735471/aftas-2020-best-collaboration-initiative-finos)   **Interested in FINOS open source projects? 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