Press Releases

Madeleine Dassule, Co-Head, Technology at Wellington Management joins Board of Directors

New York, NY – May 3, 2022 – The Fintech Open Source Foundation (FINOS) today announced Wellington Management (Wellington), one of the world’s largest independent investment management firms, as its newest Platinum member. In addition, Wellington’s Co-Head, Technology, Madeleine Dassule will join the FINOS board of directors. This membership highlights the value and long-term benefits that open source collaboration brings to buy-side firms, with FINOS being recognized as the neutral umbrella for all industry constituents of the financial services ecosystem to leverage and contribute to open source technology.

Registration opens for FINOS’ Open Source in Finance Forum (OSFF) London, taking place alongside partner event Fintech Week London 

London, UK – March 8, 2022 – FINOS, the Fintech Open Source Foundation and financial sector arm of the Linux Foundation, and The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced its partnership with Fintech Week London. Their annual event, Open Source in Finance Forum (OSFF), will take place in London on 13 July, during Fintech Week London, which will run from 11 - 14 July.

SAN FRANCISCO, February 3, 2022 --  FINOS, the Fintech Open Source Foundation and financial sector project of The Linux Foundation, and The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the name change of its event dedicated to driving collaboration and innovation in financial services through open source software and standards from Open Source Strategy Forum to the Open Source in Finance Forum. The event started in 2017 under the auspices of FINOS prior to it joining the Linux Foundation in 2020 and has since then grown to become the flagship event for the fast growing open source movement in financial services and its unique challenges. The name is being changed to better reflect the focus of the event within the larger landscape of open source events produced by The Linux Foundation and its projects.

• Contribution and collaboration measured by commits jumps 30% percent YoY

• Added 19 New Members last year with 34% percent member growth YoY

• Received 11 new projects open sourced by members

New York, NY -- January 20, 2022 -- FINOS, the Fintech Open Source Foundation and financial sector project of the Linux Foundation, today announced its 2021 annual results showing unprecedented growth throughout the year. Led by the more than 1,200 contributors working on FINOS projects and a 34 percent increase in new corporate members, FINOS had their largest yearly growth on record. In total, FINOS now has 53 members leveraging its open source collaboration forum, including the most recent additions of Bank of Montreal (BMO), Fannie Mae and NatWest Markets in addition to 16 more fintech and financial services organizations this past year.

Latest Class of Members Underscores the Development of a Modernized Financial Technology Landscape and its Commitment to Open Source Technology

Compliance Processes to be Automated with the CDMC Standard through an Open Source Testing and Configuration Framework.

Experts and industry leaders from financial services, technology and open source will gather for thought-provoking insights and conversations about how to best leverage open source software to solve industry challenges.

Open Source Programs in Financial Services Stand to Benefit Greatly from C-Suite Commitment, Policies, and Internal Communication

Experts and industry leaders from financial services, technology and open source will gather for thought-provoking insights and conversations about how to best leverage open source software to solve industry challenges.

Rooted in FINOS’ Origins, Symphony’s CIO is Elected Board Director Along with a Marketing Leader from GitLab