Project Updates: Financial Objects - Product Control Common Template - FINIOS TEAM 17 November

There is a lot happening within our SIGs and Projects, and we want to highlight some, including Financial Objects.The FINOS Financial Objects SIG (Special Interest Group) is a community-led forum to discuss and identify the need for new, open financial object standards as well as modifications to existing standards, and The goal of the Financial Objects SIG is to provide a neutral forum for individuals across the financial services industry to collectively identify the need for new, open, financial objects standards as well as modifications to existing ones. The Financial Objects SIG also aims to promote the adoption of financial object definitions and models that support common industry workflows and use cases.In January 2021, The FO SIG proposed and launched two projects: the Commodities Payout and the Product Control Common Template. It became evident that after the launch of the two working streams, there were overarching, common elements to these work streams (modeling financial objects, using Legend & the FINOS hosted Legend Studio instance, and leveraging the ISDA CDM); every workstream has specific requirements that warrant separate governance structures.

Collaborate, Don't Fork - Peter Smulovics

The concept of forking has become synonymous with branching out independently on a project. While forking serves its purpose in certain scenarios, it's essential to recognize when it may not be the most effective approach. Now, we'll explore the benefits of active innersourcing and why developers should consider collaboration before taking the fork in the road.

Blog: Unlocking the Future of Finance IT

Unlocking the Future of Finance IT: Discover key insights from The 2023 Open Source in Financial Services Report, highlighting the growing importance of open source, the rise of Open Source Program Offices, and actionable insights for organizations in the financial sector.

Post-OSFF Announcements #2 - Rob Moffat

Read our Open Source Readiness weekly update

Congratulations to the FINOS Community Award Winners 2023

During our recent Open Source in Finance Forum, we had the opportunity to recognize many of the incredible individuals and companies making significant contributions and creating a positive impact in open source in financial services. We're extremely grateful for all of their work, along with so many others, and want to give them another shout out in this post!

Open Source Readiness – Weekly Update – 8 November 2023

Unless you’ve been living under a rock for the last couple of weeks, you should be aware of the OSFF conference that happened on the 1st November in grand style in the Marriott Marquis hotel in New York. Open Source Readiness was featured heavily not only in the keynotes and at our project table (thanks to Brittany Istenes, Cara Delia and Mimi Flynn for their staffing duties) but also in the press release on the state of open source in financial services.

5 Lessons for Organizations Starting Their Open Source Contribution Journeys - Andy Smith, Discover

While Discover® Financial Services has a long history of using open source, in 2021, I joined Discover to formally drive the open source strategy. I have spent the past year listening to our business units, collaborating with our legal team, and working within our developer community to develop a framework for open source contribution. The blog post shares some of the fundamental principles I’ve learned that can help organizations that are charting their open source contribution path for the first time.

Optimizing Cloud Efficiency for FinServ Enterprises with FinOps – Shua Shim & Andrew Nhem, Discover

In the dynamic landscape of the financial services industry, cloud technologies have become the catalyst of innovation for enterprises. However, optimizing cloud resources and managing costs in a highly regulated environment poses unique challenges.

LF Course & FSOSD Exam - Rob Moffat

This year at FINOS we are focusing on one of FINOS' key existing projects: Open Source Readiness. This is FINOS' term for helping the finance industry "do open source properly".

Preparation for OSFF & Big Boost Mondays NYC

This year at FINOS we are focusing on one of FINOS' key existing projects: Open Source Readiness. This is FINOS' term for helping the finance industry "do open source properly".

Open Source Readiness Exam & OSFF Reminder - Peter Smulovics

This year at FINOS we are focusing on one of FINOS' key existing projects: Open Source Readiness. This is FINOS' term for helping the finance industry "do open source properly".

Supply Chain Security - Rob Moffat

This year at FINOS we are focusing on one of FINOS' key existing projects: Open Source Readiness. This is FINOS' term for helping the finance industry "do open source properly". It’s been all-go in the world of Open Source Readiness again this week. This week, let’s talk about Supply Chain Security.

Learning Paths - Rob Moffat

This year at FINOS we are focusing on one of FINOS' key existing projects: Open Source Readiness. This is FINOS' term for helping the finance industry "do open source properly". It’s been all-go in the world of Open Source Readiness again this week. This week let's focus on learning paths!