No, Your Subscription Didn’t Expire
By Gabriele Columbro
If you thought your email filters had finally won, think again.
It has been a while since our last FINOS community newsletter, but the inbox silence did not mean the community was quiet. Quite the opposite. Across FINOS, members, maintainers, contributors, and partners have been busy building the open source infrastructure that the financial services industry increasingly depends on.
In the past few months alone, we have seen major acceleration in our projects across AI governance, high-performance computing, architecture as code, cloud controls, workflow orchestration, interoperability, data standardization and more. We have welcomed new members and celebrated significant member upgrades, launched and advanced strategic projects, and continued to see the community turn open collaboration into practical industry value, now clearly on a global scale after our inaugural OSFF Toronto was a huge success.
With less than a month to OSFF London, one theme continues to come through clearly: ROI. Open source is helping firms reduce duplication, improve resilience, accelerate innovation, and regain greater control over their technology future.
Open collaboration is no longer a “nice to have.” It is a necessity. And no doubt our community is rising to the challenge, accelerating and maturing at the speed of AI.
And yes, we are back in your inbox to stay.
1. OSFF London Is Next Month
Open Source in Finance Forum London takes place on June 25, 2026.
Join us for 50+ sessions spanning 7 tracks covering the latest in open source AI, governance, process automation, cloud, interoperability, culture, and much more.
We’ve just announced two standout keynote speakers: Greg Kroah-Hartman, who will share how Linux kernel maintainers are responding to the surge in AI-generated bug reports, and Craig Kitching of Fidelity Investments, who will discuss how Fluxnova is changing the landscape of process orchestration for mission-critical financial infrastructure at scale.
Register now to save £100. FINOS member tickets are free until June 10. [Non-members use Code TWAFOSFFLN20 for 20% Off]
2. The FINOS HPC Ecosystem Is Expanding
The FINOS high-performance computing portfolio continues to grow, with new contributions from Morgan Stanley, AWS, and RBC Capital Markets joining the broader ecosystem pioneered by Citi and others. Recent additions include Open Resource Broker (ORB) and 5-Spot, which support more open, efficient, and cost-conscious compute infrastructure across hybrid environments.
3. OSFF Toronto Confirmed the “Agentic Shift”
Our inaugural Open Source in Finance Forum Toronto brought together more than 300 leaders from across financial services, technology, and open source. One of the clearest themes: AI is moving quickly from experimentation to implementation. As firms explore agentic workflows, sovereign cloud, and AI-enabled infrastructure, open source is becoming foundational to how financial institutions build, govern, and scale safely. Conference videos are available!
4. TOC Elections Are Live
Nominations are open for the FINOS Technical Oversight Committee (TOC), which plays a critical role in guiding the technical direction of FINOS, supporting project health, and helping oversee our growing portfolio of projects and initiatives. If you are ready to dig-in and contribute, now is your chance to submit your self-nomination.
5. All Community Call: Recording & Slides Available
Did you miss the latest FINOS All Community Call, or want to revisit the highlights? The recording and slides are now available, covering foundation updates, project news, TOC priorities, upcoming events, and the latest ways to get involved across the FINOS community.
The FINOS ecosystem continues to grow, with new and expanding member participation across financial institutions, technology providers, open source companies, and industry innovators.
New Platinum Members
We are thrilled to welcome two Platinum members:
New Gold and Silver Members
Please join us in welcoming an incredible new cohort of FINOS members, including:
Gold Members: BrightQuery, Chainguard, MariaDB, Oracle
Silver Members: Moderne, Octopus Deploy, Summit58
A special welcome as well to Jose Plehn from BrightQuery, who joins as a new Gold representative on the Governing Board.
This wave of new participation brings additional expertise across AI, cloud, databases, DevOps, security, modernization, software intelligence, open source infrastructure, and more.
New Contributions
The FINOS HPC ecosystem continues to expand with two major project contributions:
Open Resource Broker: Contributed by Morgan Stanley and AWS, ORB helps firms bridge legacy grid environments and modern cloud infrastructure through a unified open source API, enabling hybrid cloud bursting, elastic scaling, and more cost-optimized compute capacity management.
5-Spot: Contributed by RBC Capital Markets, 5-Spot helps firms reclaim idle on-prem compute capacity by automatically scheduling when machines join and leave Kubernetes clusters, improving utilization, reducing unnecessary cloud spend, and bringing “spot instance” economics to physical infrastructure.
These projects build on the broader FINOS high-performance computing ecosystem, including HTC-Grid and OpenGRIS. Together, they support a more open, interoperable, and cost-efficient approach to compute infrastructure in financial services.
Updates
Project Lifecycle 2.0: The FINOS Technical Oversight Committee, in collaboration with FINOS staff and the Governing Board, has rolled out an updated Project Lifecycle, providing clearer guidance for projects as they move from early-stage experimentation through graduation. The refreshed lifecycle makes project progression more transparent, rigorous, and useful for maintainers, contributors, and adopters.
Common Cloud Controls: Common Cloud Controls continues to gain momentum as the community works toward reusable assurance for cloud adoption in financial services and close engagement with the Foundation’s AI initiatives. The project also recently announced an updated Steering Committee with representation from organizations including Citi, LSEG, Morgan Stanley, RBC, and BlackRock.
AI Governance Framework: The FINOS AI Governance Framework continues to evolve and the framework is expanding to address risks associated with agentic AI, including the security, governance, and control considerations needed when AI systems act with greater autonomy in regulated environments. Additional work is also underway around reference architectures, mitigations, and tooling, including the FINOS AI Governance Framework MCP server. In London we’ll roll out our first AIGF Leadership Training, so make sure you sign your AI leaders up today.
Fluxnova 2.0: Fluxnova maintainers announced the availability of the 2.0 release, focused on enterprise-ready adoption, as well as launching the Fluxnova Partner Program offering training, certification, and operational support, with Scott Logic, elevenai, and Summit58 as founding partners. Look out for an important Fluxnova announcement at OSFF London on June 25th.
CALM: The Common Architecture Language Model (CALM) suite of tools and ecosystem integration continues to grow at a rapid pace. Recent highlights include the release of CLI v1.40.0 and the development of the CalmHub MCP server, which enables AI agents to interpret and validate architectural schemas directly.
FDC3: FDC3 2.2.3 is officially live, enabling browser-based interop without plugins, and the FDC3 3.0 roadmap prioritizes metadata enhancements, zero-trust security features and better support for AI agents to securely trigger financial workflows and intents. Catch the latest FDC3 six-month strategic briefing video for an update on roadmap, adoption, and community priorities.
Common Domain Model: Application of the CDM in regulatory reporting is proceeding at a brisk pace, with two more financial institutions announcing go-lives in the last quarter: LSEG and Natixis. The community is exploring CDM’s applicability across a diverse set of use cases, including retail banking and its role in supporting shared data standards across the industry. Additional use cases including Collateral management, exotic confirms, and tokenized assets are in development. Contact Eteri Dvalishvili with queries.
GitProxy 2.0: GitProxy helps firms apply custom Git policies and workflows to meet security, legal, and compliance requirements before code is published. The latest release includes a number of new features including GitLab and multi-fork support, and email-based commit association for more accurate policy enforcement. The maintainer team is also active in a cleanroom Java based implementation.
FINOS Labs: FINOS Labs continues to be the launchpad for high-impact innovation. Recent activity includes new contributions from the DTCC hackathon.
For the full schedule of project working groups and technical meetings, check out the FINOS Community Calendar.
💻 Hack at AWS Builders
June 8 | New York
This hands-on hackathon hosted at AWS JFK27 in New York is your chance to innovate, collaborate, and build with FINOS open-source projects like ORB, Fluxnova, CALM, AI Governance Framework, Common Clouds Control, and more. Register Here.
🇬🇧 OSFF London: Schedule is live!
June 25 | London
Join us in London for our flagship UK event, featuring sessions on AI, engineering, open standards, interoperability, cloud, controls, and more. Register Here with Code TWAFOSFFLN20 for 20% Off
🗽 OSFF New York
November 4-5 | NYC
Join us in New York for our flagship US event, featuring sessions on AI, engineering, open standards, interoperability, cloud, controls, and more.
Register Here with Code TWAFOSFFNY20 for 20% Off
That is a lot, and yes, that is exactly the point.
The FINOS community is growing, collaborating, delivering, and tackling some of the most important technology challenges in financial services. Whether you are a maintainer, contributor, member, sponsor, adopter, regulator, engineer, architect, or just open source curious, there has never been a better time to get involved.
See you at the next working group, community call, or OSFF.
And we promise not to wait so long before the next newsletter. In the meantime, make sure you sign up for our weekly “This Week at FINOS” updates, in case you aren’t already.
Kind regards,
FINOS Team
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