Introducing FINOS Common Cloud Controls

Learn more about FINOS Common Cloud Controls in this pdf

FINOS CCC Announcement - Money 2020 Interview

This morning during Money2020, The Fintech Open Source Foundation (FINOS), the foundation of open innovation in financial services and part of The Linux Foundation, announced that FINOS Common Cloud Controls (FINOS CCC), a set of open standards that describes consistent controls for compliant cloud deployments in the financial services sector, is now open sourced through FINOS under the Community Specification License.

Common Cloud Controls Homepage

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Common Cloud Controls Interest Form

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Common Cloud Controls Github

Click to view the FINOS Common Cloud Controls (CCC) Github

Building & Validating with CCC: A Vertical Slice Demo – Eddie Knight

Presented at Open Source In Finance Forum 2023 – NYCPresented by Eddie Knight – SonatypeTitle: Building & Validating with Common Cloud Controls: A Vertical Slice DemoAbstract: The entire FINOS community is ablaze with discussion and effort surrounding the Common Cloud Controls project (CCC). In this presentation we will witness the first public demonstration of value from CCC through partnership with its sister project: Compliant Financial Infrastructure (CFI). We’ll explore what it took to create the first iteration of a CCC output, and how the CFI project used that output to build both infrastructure as code and runtime validation tests to streamline a financial services compliance use case. This vertical slice will not only prove the value of CCC initiatives, but it will demonstrate how an effective rallying of open source contributors can rapidly elevate the entire ecosystem.Find more info about FINOS:On the web: https://www.finos.org/Twitter: https://twitter.com/finosfoundationLinkedIn: https://www.linkedin.com/company/finosfoundation/OSFF NYC: https://events.linuxfoundation.org/open-source-finance-forum-new-york/

FINOS CCC – Naseer Mohammad, Google & Simon Zhang, BMO Financial Group

Presented at Open Source In Finance Forum 2023 – NYCPresented by Naseer Mohammad – Google & Simon Zhang – BMO Financial GroupTitle: FINOS Common Cloud Controls – The Need for an Open Source Financial Services Public Cloud StandardAbstract: As the pace of cloud adoption accelerates in a highly fragmented global regulatory landscape, FINOS Common Cloud Controls aims to develop a unified set of cybersecurity, resiliency, and compliance controls for common services across the major cloud service providers.By developing a unified taxonomy of common services and associated threats, the project alleviates the systemic risk of cloud concentration, an issue highlighted in recent reports from the U.S. Department of the Treasury, the UK HMT, the European Council, and the Monetary Authority of Singapore.Join FINOS Common Cloud Controls and Compliant Financial Infrastructure maintainers from the FINOS membership as they explore the FINOS Common Cloud Controls standard and how collaboration between the “OSCAL Representation of FINOS CCC,” “Define Cloud Services Taxonomy,” and “Engage with MITRE Threat Catalogue” delivers an open source standard that Cloud Service Providers adopt for the benefit of the global financial services industry.Find more info about FINOS:On the web: https://www.finos.org/Twitter: https://twitter.com/finosfoundationLinkedIn: https://www.linkedin.com/company/finosfoundation/OSFF NYC: https://events.linuxfoundation.org/open-source-finance-forum-new-york/

Keynote Session: FINOS CCC

Presented at Open Source In Finance Forum 2023 – NYCPresented by Jim Adams, Citi; David Homovich, Google; Kim Prado, BMO Capital Markets & Moderated by Matt Ashare, CIOTitle: FINOS CCC and the Need for an Open Regulatory Blueprint for Financial Services Cloud Cybersecurity, Compliance & Cloud ConcentrationAbstract: As the rate of cloud adoption continues to accelerate, financial institutions, cloud service providers, regulators, and technology vendors have been left with the critical challenge of mitigating many associated risks – even at the federal government level with the recent White House RFI. On this panel, leaders from Citi, Google Cloud, and BMO will discuss updates on the recently open sourced FINOS Common Cloud Controls (FINOS CCC) project, and the need for a set of open standards that describes consistent controls for compliant cloud deployments to alleviate cybersecurity threats, compliance costs, a fragmented regulatory landscape, cloud concentration, and more.Find more info about FINOS:On the web: https://www.finos.org/Twitter: https://twitter.com/finosfoundationLinkedIn: https://www.linkedin.com/company/finosfoundation/OSFF NYC: https://events.linuxfoundation.org/open-source-finance-forum-new-york/