--- title: FINOS Fall 2019 Newsletter description: In this issue of the FINOS newsletter we highlight key activities from the last quarter including project announcements, new members joining, great events and informative reports. It’s been an exciting year of growth with 7 new members joining, an increase of over 100% in community participants and 5 new projects contributed to the Foundation. We hope you’ll stay involved (or get involved) as we do even more to accelerate open source development in financial services in 2020. image: https://www.finos.org/hubfs/finos-fall-2019-newsletter.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/) - [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) - [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) ![Newsletter](https://www.finos.org/hubfs/FINOS/website/banner-backgrounds/Community%20(Teal%2080).png) # Newsletter ## FINOS Fall 2019 Newsletter December 19, 2019 ### WRAPPING UP A YEAR OF GROWTH In this issue of the FINOS newsletter we highlight key activities from the last quarter including project announcements, new members joining, great events and informative reports. It’s been an exciting year of growth with 7 new members joining, an increase of over 100% in community participants and 5 new projects contributed to the Foundation. We hope you’ll stay involved (or get involved) as we do even more to accelerate open source development in financial services in 2020. [Read on to learn more](https://www.finos.org/newsletter/finos-fall-2019-newsletter) ### PROJECT UPDATES Goldman Sachs announced that they are contributing a logical modeling language, internally named “PURE”, along with a platform and visual model tool that generates PURE-based models, known within Goldman as “Alloy”. The open sourcing is occurring in iterative phases and we're in the process of preparing for a pilot involving several banks and other financial institutions to begin in Q1. More info: [https://www.finos.org/pure-alloy](https://www.finos.org/pure-alloy) ![Hadouken-Logo-300x300](https://www.finos.org/hs-fs/hubfs/FINOS/website/logos/program-logos/Hadouken-Logo-300x300.png?width=130&name=Hadouken-Logo-300x300.png)ScottLogic contributed OpenFin React Hooks to the Hadouken project. This open source library provides OpenFin functionality via the recently released React Hooks API, making it much easier to implement applications with snapping, docking, inter-app communication and a whole host of other features. Raise issues (or feature requests) via GitHub - and code contributions are, of course, most welcome. More info: [https://github.com/finos/openfin-react-hooks](https://github.com/finos/openfin-react-hooks)   ![2018\_DT\_Logo\_IconColor](https://www.finos.org/hs-fs/hubfs/FINOS/website/logos/program-logos/2018_DT_Logo_IconColor.png?width=130&name=2018_DT_Logo_IconColor.png) Scott Logic launched a significant new release (v2.0) of the DataHelix Generator with lots of great new features. These include a large catalogue of new data types; an interactive online playground so you can try out the generator without downloading/installing it; and a new “getting started” guide. WhiteSource checks have also been recently integrated through the ongoing work in the [ODP](https://www.finos.org/open-developer-platform). More info: [https://finos.github.io/datahelix/](https://finos.github.io/datahelix/).   ### MEMBER & COMMUNITY HIGHLIGHTS ### New FINOS Members We are very excited to welcome three new FINOS members. ![epam-for-finos](https://www.finos.org/hs-fs/hubfs/epam-for-finos.png?width=140&name=epam-for-finos.png)[EPAM](https://www.epam.com/) joined in October and is a leading global provider of digital platform engineering and software development services. They have extensive experience in financial services and are a top open source contributor. Read why they think (and we wholeheartedly agree) [open source software is critical to the future of financial services.](https://www.finos.org/blog/why-open-source-software-is-critical-to-the-future-of-financial-services) ![](https://www.finos.org/hs-fs/hubfs/NF_Shared_Brand_Assets_logo_stacked_positive.png?width=130&name=NF_Shared_Brand_Assets_logo_stacked_positive.png)[NearForm](https://www.nearform.com/) joined in November and are highly-regarded leaders in the open source community, building enterprise solutions and contributing to open source sustainability. They are currently one of the largest contributors to Node.js, the world's fastest growing open source project. They are also strong proponents of InnerSource, which you can hear more about in this [recent podcast](https://www.nearform.com/blog/journey-to-innersource-danese-cooper-james-mcleod/).     [![cloudbees](https://www.finos.org/hubfs/FINOS/members-logos/cloudbees.svg)CloudBees](https://www.cloudbees.com/) joined in December and provides continuous delivery software services enabling enterprise software delivery teams to focus on what they do best: build stuff that matters. With open source “in their DNA” and a passion to revolutionize how technologists work we’re excited to have them onboard.     ### WHITESOURCE & FINOS WEBINAR ![whitesource-software](https://www.finos.org/hs-fs/hubfs/whitesource-software.png?width=140&name=whitesource-software.png)In this webinar, “[Empowering Financial Institutions to use Open Source with Confidence](https://resources.whitesourcesoftware.com/webinars-videos/finos-amp-whitesource-webinar)”, Jeff Crum, Senior Director of Product Marketing at WhiteSource and James McLeod, Director of Community at FINOS, discuss how to address some of the challenges the financial services industry faces when using open source software. Watch the webinar to learn about the state of open source vulnerabilities management and how FINOS uses WhiteSource to ensure the security and IP compliance of FINOS-produced open source software.   ### FINOS news and updates ### New FINOS BOARD DIRECTOR Join us in welcoming our new FINOS board member David Jones, Head of DevOps, Open Source and Development Practices at Credit Suisse. See all of [FINOS Board Directors](https://www.finos.org/board-of-directors) on our website.   ### New FINOS DIRECTOR OF COMMUNITY We recently welcomed James McLeod to the team as the new FINOS Director of Community supporting the growth of our foundation and community. If you haven’t already spoken to him please feel free to reach out at [james@finos.org](mailto:james@finos.org). You can also learn more about James [here](https://www.finos.org/blog/on-a-mission-to-grow-the-financial-services-open-source-community).   ### Spreading the Word ### Open Source Strategy Forum NY 2019 ![ossf-hs-banner-2](https://www.finos.org/hs-fs/hubfs/ossf-hs-banner-2.png?width=130&name=ossf-hs-banner-2.png)At this year’s OSSF we brought together 450 individuals at the cross section of finance, open source, and technology to share thoughts, knowledge, and insights on the direction of open source and open standards in financial services. With representatives from nearly 150 companies (almost half representing financial services institutions) we think it’s clear that the financial services industry is embracing all that open source has to offer. Check out the recap to learn more and [access presentations and photos from the conference](https://www.finos.org/ossf-2019-recap). ### REPORT: Technology Trends in Capital Markets: From Secret Sauce to Open Source [![aite group](https://www.finos.org/hs-fs/hubfs/aite%20group.jpeg?width=140&name=aite%20group.jpeg)](https://www.finos.org/technology-trends-in-capital-markets-report)This report highlights the adoption of open-source software among capital markets participants, including drivers and challenges to adoption, the level of consumption and contribution at firms ahead of the curve, and how these firms are measuring progress and engaging with the community. The survey, produced by Aite Group, identifies several areas where financial firms can accelerate open source engagement, and in some cases, drive profound change within organizations. Download the survey [here](https://www.finos.org/technology-trends-in-capital-markets-report). ### REPORT: Is the Future of FinServ Open Source? [![](https://www.finos.org/hs-fs/hubfs/VoxPop_OS.png?width=140&name=VoxPop_OS.png)](https://www.fintechtalents.com/githubopensource/#FinancialIT)FinTECHTalents, along with their partner, GitHub, gathered a snapshot of viewpoints from senior leaders in the industry to look at whether Open Source is the Future for Financial Services. They asked senior leaders a series of questions around adoption (or lack of adoption), open source evangelism, the types of projects that work well in an open source environment and more. Find out how NatWest Markets, HSBC, OCBC Bank, Santander UK, Finastra, FINOS and GitHub answered these questions by downloading the Vox Pop report [here](https://www.fintechtalents.com/githubopensource/#FinancialIT). ### VIDEO: The Rise Of Open Source Software Check out this [CNBC video](https://www.cnbc.com/2019/12/14/how-open-source-software-became-the-new-industry-standard.html) highlighting the pervasiveness of open source software in the world's major companies. “This software is freely available, and is developed collaboratively, maintained by a broad network that includes everyone from unpaid volunteers to employees at competing tech companies. So how did a business model that essentially revolves around giving away information and products take over the world?”   ### FINOS in the news [CNBC: Goldman Sachs is Planning on Giving Some if its Most Valuable Software to Wall Street for Free](https://www.finos.org/news/finos-in-the-news-cnbc-goldman-sachs-is-planning-on-giving-some-of-its-most-valuable-software-to-wall-street-for-free) [Goldman Sachs Open Sources Data Modeling](https://www.finos.org/news/finos-in-the-news-markets-media-goldman-sachs-open-sources-data-modeling) [Wall Street’s War for Tech Talent is Ending as Rivals Like Morgan Stanley and Goldman Sachs Embrace Open-Source Code](https://www.finos.org/news/finos-in-the-news-business-insider-wall-streets-war-for-tech-talent-is-ending-as-rivals-like-morgan-stanley-and-goldman-sachs-embrace-open-source-code) [Goldman Sachs to Make Modeling Software ‘Alloy’ Open Source](https://www.ibtimes.com/fintech-news-goldman-sachs-make-modeling-software-alloy-open-source-2870404)  [Open Source Project of the Week: Perspective](https://www.finos.org/news/finos-in-the-news-sd-times-open-source-project-of-the-week-perspective) [Open Innovation in Financial Services: An Interview with FINOS](https://www.finos.org/news/finos-in-the-news-open-innovation-in-financial-services-an-interview-with-finos)   ### JOIN US ### London Open Source FinTech Meetup Join us on 30 January 2020 for the inaugural event of the London Open Source Fintech Meetup, co-hosted by Scott Logic. Our three speakers from Barclays, Adjoint and FINOS will be discussing all things DevOps in financial services including how it fits into the FINOS Open Developer Platform (ODP). Register [here](https://www.finos.org/hosted-events/2020-01-30-london-open-source-fintech-meetup). ### OSSF 2020 Next year we will hold an Open Source Strategy Forum in both London and New York, that’s right we’re doing it twice! We’re finalizing dates now but are planning on May in London and November in New York. [Submit your talk now!](https://opensourcestrategyforum.org/cfs-london-spring-2020/)   ### GET INVOLVED [FINOS Activity Catalog:](http://finos.github.io)Search our Programs, Projects and Working groups [Programs Meeting Calendar](https://calendar.google.com/calendar/embed?src=finos.org_fac8mo1rfc6ehscg0d80fi8jig%40group.calendar.google.com&ctz=America%2FNew_York): Scroll through the calendar to find a meeting to join [Program Status Dashboard:](https://metrics.finos.org/goto/7bfcb03f027a1406c997d731d4715ea7) See a live snapshot of our community contributors and activity [Events](https://www.finos.org/events): Check out our upcoming events or email [marketing@finos.org](mailto:marketing@finos.org) if you'd like to partner with us or have an event idea. [OSSF:](https://opensourcestrategyforum.org)Planning for next year’s Open Source Strategy Forum is underway. [Sign-up](https://opensourcestrategyforum.org/sign-up/) to get the latest updates. [![BECOME A MEMBER](https://no-cache.hubspot.com/cta/default/2419532/1ec5cb3e-c6a6-4b00-a558-0cbe6b835bd2.png)](https://cta-redirect.hubspot.com/cta/redirect/2419532/1ec5cb3e-c6a6-4b00-a558-0cbe6b835bd2)   ### Share this: - [Tweet](https://twitter.com/share) [← FINOS July 2019 Newsletter](https://www.finos.org/newsletter/finos-july-2019-newsletter) [FINOS Q1 2020 Newsletter →](https://www.finos.org/newsletter/finos-q1-2020-newsletter) [![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)