In this week’s update we're highlighting major announcements from last week's OSFF event: our North America Community Award winners, the exciting launch of Fluxnova, CDM’s move to active project status, and the release of our 2025 State of Open Source in Financial Services report! Details below.
During last week's Open Source in Finance Forum (OSFF) in New York, we had the honor of recognizing some of the outstanding individuals making meaningful contributions and driving positive impact across the open source in financial services ecosystem.
📰 Fluxnova Launch Announcement
We’re thrilled to announce Fluxnova, a new open source orchestration platform developed under FINOS governance in collaboration with Fidelity Investments, NatWest Group, Deutsche Bank, and Capital One. Fluxnova empowers financial institutions to modernize their infrastructure, reduce vendor dependency, and build long-term industry resilience.
🌟 CDM (Common Domain Model) Becomes an Active Project
In under three years since its open-sourcing, the CDM has evolved from a collaborative proof of concept into a production-grade open standard that is helping financial institutions streamline trade processing, regulatory reporting, and data management across global markets.
➡️ Read about the Major Milestone
📘 2025 State of Open Source in Financial Services Report
This year's report by FINOS, The Linux Foundation Research, GitHub, and Scott Logic is available to download! 93% of respondents say open source improves software quality and 87% see business value to their organization. View all the results today.
WEEK OF 27 OCTOBER - MEETINGS
Here's what's happening during this week in the FINOS community, visit the calendar here for meeting links:
Monday, October 27
- 09:00 AM NYC / 01:00 PM UK - Labs - CyberThirdEye - Sign Up
- 10:00 AM NYC / 02:00 PM UK - SDLC Governance Framework Working Group - Dev Ops Automation - Sign Up
- 11:00 AM NYC / 03:00 PM UK - CDM Steering Working Group - Sign Up
Tuesday, October 28
- 10:00 AM NYC / 02:00 PM UK - CDM Collateral Working Group - Sign Up
- 11:00 AM NYC / 03:00 PM UK - AI Readiness SIG - Sign Up
- 11:00 AM NYC / 03:00 PM UK - Architecture as Code Working Group - DevOps Automation - Sign Up
- 08:30 PM NYC / 12:30 AM UK - Open Financial LLM Leaderboard (OFLL) Working Session - Sign Up
Wednesday, October 29
- 06:30 AM NYC / 10:30 AM UK - Spring Bot Project Meeting - Sign Up
- 12:00 PM NYC / 04:00 PM UK - FINOS Technical Oversight Committee Public Meeting - Sign Up
- 05:00 PM NYC / 09:00 PM UK - FINOS Ambassador Event: Introduction to FINOS and Evolution @ Scale in Montreal - Sign Up
Thursday, October 30
- 06:30 AM NYC / 10:30 AM UK - FDC3 Sail Project Meeting - Sign Up
- 10:30 AM NYC / 02:30 PM UK - Architecture as Code Office Hours - Sign Up
- 11:00 AM NYC / 03:00 PM UK - FINOS Morphir Project Meeting - Sign Up
Friday, October 31
Visit the FINOS Calendar to stay informed of the most recent updates and calendar invitations.
FINOS EVENTS
📆 FINOS Evolution @ Scale - Ambassador Event
October 29 | Montreal
Join us at Morgan Stanley Montreal to explore how the Evolution @ Scale working group (within the DevOps Automation SIG) is tackling code complexity and scaling challenges in financial services.
➡️ Register Here (required to enter)
Community EVENTS
LF Europe Roadshow
October 29 | Ghent, Belgium
This one-day public event connects open source contributors and industry leaders to discuss AI, digital sovereignty, and the practical implications of the Cyber Resilience Act, hosted by LF Europe in partnership with the OpenSSF.
InnerSource Summit 2025
November 13 | Virtual
Join InnerSource Commons for a truly global celebration as they mark their 10th anniversary with a 24-hour Summit spanning Yokohama, Berlin, and New York. The agenda is packed with inspiring keynotes, in-person sessions, and online talks from leading InnerSourcerers around the world.
Have a great week and please contact marketing@finos.org if you have any questions or you would like to take part in any marketing related activities.
Kind regards,
FINOS Team
