--- title: FINOS Welcomes Microsoft as First Cloud Provider to Join Governing Board, Deepening Cross-Industry Open Source Collaboration in Financial Services description: Microsoft joins FINOS as a Platinum Member to enhance open source collaboration in financial services, focusing on AI, cloud standards, and compliance. image: https://www.finos.org/hubfs/FINOS%20Welcomes%20Microsoft%20as%20First%20Cloud%20Provider%20to%20Join%20Governing%20Board%2c%20Deepening%20Cross-Industry%20Open%20Source%20Collaboration%20in%20Financial%20Services.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) - 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[OSFF 2026](https://events.linuxfoundation.org/open-source-finance-forum/) - [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/) - [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) ![Press Releases](https://www.finos.org/hubfs/FINOS/website/banner-backgrounds/Community%20(Teal%2080).png) # Press Releases # FINOS Welcomes Microsoft as First Cloud Provider to Join Governing Board, Deepening Cross-Industry Open Source Collaboration in Financial Services June 04, 2025 *Together with GitHub, Microsoft elevates its membership to Platinum to accelerate critical initiatives to foster compliant open source, cloud and AI adoption in financial services.* **NEW YORK, NY – June 4, 2025** -The [Fintech Open Source Foundation (FINOS)](https://www.finos.org/), part of the Linux Foundation, today announced that **Microsoft is now a Platinum Member, expanding its leadership role within the FINOS community**. This enhanced commitment builds on the longstanding participation of GitHub, one of FINOS’ founding members and a supporter of the financial services open source community. With this expanded engagement, **Microsoft is the first cloud service provider joining the FINOS Governing Board**, represented by **Allison Nachtigal, Vice President, Azure Chief Product Officer, Customer & Field Experience**. Together, Microsoft and GitHub will work to strengthen FINOS’ mission to enable secure, standardized, and scalable open source innovation across the global financial sector. *"Cloud service providers are a critical partner to the financial industry digital transformation journey, even more in the era of Generative AI", said Madeleine Dassule, FINOS Chair and Executive Advisor. "As FINOS standards like FDC3, CDM and CCC become pervasive in financial services, their adoption and support across big tech are a win-win for every industry constituency"* GitHub’s continued participation reflects its deep roots in supporting the financial services industry’s growing open source maturity. Now, with Microsoft’s elevated commitment, both organizations will help advance the collaborative development of open frameworks and foster deeper partnerships between technology providers and financial institutions to better address the complex regulatory and operational needs of modern finance. *"Cloud runs on open source, and open source will be indispensable to how AI will be developed and deployed in regulated industries like financial services," said Allison Nachtigal, Vice President, Azure Chief Product Officer, Customer & Field Experience, Microsoft. "We look forward to working with FINOS and its members to help accelerate secure, open collaboration on AI and cloud standards that support both innovation and compliance."* *"Open source has become mission-critical in financial services, with GitHub at the center of how firms build, manage, and secure the software they depend on every day," said Philip Holleran, Field CTO, Americas, at GitHub. “We have supported FINOS’ mission since its inception, and we’re excited to continue contributing to this organization as open source is now a first-class citizen in the industry."* Through their active participation, Microsoft and GitHub will contribute to key FINOS initiatives, including the [AI Governance Framework (AIGF)](https://air-governance-framework.finos.org/) and [Common Cloud Controls (CCC)](https://ccc.finos.org/). # About FINOS FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster the adoption of open source software, standards, and collaborative development practices in financial services. As part of the Linux Foundation, FINOS provides a regulatory-compliant platform for developers from competing organizations to collaborate on innovative projects that transform business operations. With over 100 members spanning major financial institutions, fintechs, and technology consultancies, FINOS is at the forefront of driving open source innovation in finance. [Get involved](https://www.finos.org/get-involved) and [join FINOS](https://www.finos.org/membership-benefits#become-a-member) as a Member. To stay up to date on FINOS news, events, podcasts, blogs, and more, [sign up here](https://www.finos.org/sign-up). # **Media Contact:** Patrick Doherty FINOS [patrick.doherty@finos.org](mailto:patrick.doherty@finos.org) +1 (206) 245 8574   ### **LEARN MORE** [**This Week at FINOS Blog**](https://finos.org/this-week-at-finos?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD) - See what is happening at FINOS each week. [**FINOS Landscape**](https://landscape.finos.org/?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD) - See our landscape of FINOS open source and open standard projects. [**Community Calendar**](https://calendar.google.com/calendar/embed?src=finos.org_fac8mo1rfc6ehscg0d80fi8jig%40group.calendar.google.com&ctz=America%2FNew_York&utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD)- Scroll through the calendar to find a meeting to join. [**FINOS Slack Channels**](https://finos.org/blog/finos-announces-new-community-slack?utm_campaign=20210428%20-%20FINOS%20All%20Community%20Call%20-%20Q2%202021&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD) - The FINOS Slack provides our Community another public channel to discuss work in FINOS and open source in finance more generally. [**All FINOS Project Good First Issues**](https://github.com/search?q=org%3Afinos%20is%3Aopen%20label%3A%22good%20first%20issue%22&unscoped_q=is%3Aopen%20label%3A%22good%20first%20issue%22&utm_campaign=20210521%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD)- A good place to start contributing to, and making a difference in, open source in financial services is by taking a look at the FINOS Good First Issues (GFI) List on GitHub. [**Project Status Dashboard**](https://metrics.finos.org/goto/7bfcb03f027a1406c997d731d4715ea7?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD) - See a live snapshot of our community contributors and activity. [**Events**](https://finos.org/news-and-events?utm_campaign=20210312%20Newsletter&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD) - 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. [**FINOS Open Source in Fintech Podcasts**](https://anchor.fm/finos?utm_campaign=20210609%20OS%20in%20Finance%20Webinar&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8wcZsTbSBoZirZI2IA1VdKZc6vklvaBGvZj-9ZqOEGBukedSnV05iBvNSgtHfKf_fXONXD) - Listen and subscribe to the first open source in fintech and banking podcasts for deeper dives on our virtual "meetup" and other topics. **Interested in FINOS open source projects? Click the link below to see how to get involved in the FINOS Community.** **[![Get Involved](https://no-cache.hubspot.com/cta/default/2419532/89037a0a-24fa-4ef5-bbf8-34d9a45ea1d3.png)](https://cta-redirect.hubspot.com/cta/redirect/2419532/89037a0a-24fa-4ef5-bbf8-34d9a45ea1d3)**   ### Share this: - [Tweet](https://twitter.com/share) [← FINOS Surpasses 100 Members as it Unveils 2025 Vision to Drive AI, Cloud Interoperability, and Regulatory Innovation in Financial Services](https://www.finos.org/press/finos-surpasses-100-members-as-it-unveils-2025-vision) [Global Financial Institutions and Technology Leaders Collaborate Under FINOS to Launch Open Source Common Controls for AI Services →](https://www.finos.org/press/global-financial-institutions-and-technology-leaders-collaborate-under-finos-to-launch-open-source-common-controls-for-ai-services) [![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) ![](https://px.ads.linkedin.com/collect/?pid=537250&fmt=gif)