FINOS

A huge milestone for the adoption of #FDC3 in the #buyside sector ?? We’re excited to welcome BlackRock’s Aladdin into the open ecosystem for desktop #interoperability in #capitalmarkets ?? Congratulations to all involved, especially Sitija Sarkar, Lance Braunstein, Michele Narbonne, Michael Bowen, and the incredible FINOS FDC3 maintainers for making this possible ?? Read the full announcement here: https://lnkd.in/epNdfGgh and get involved with the project: https://fdc3.finos.org/

??BIG ANNOUNCEMENT?? For those who work for a financial services company, is a FINOS member, or FS-ISAC member, the team that maintains Common Cloud Controls (CCC) needs help! We are looking for some folks to sign up for our Change Management Board to review our controls catalogs! ?? Y’all get to opportunity to provide us with some critical feedback on whether you find these controls helpful or not. ???? If you’re interested, shoot me or ?? Eddie Knight a DM, and we will definitely get back with you with more information. ?? ?? If you want to learn more about CCC, check out the project below ?? https://lnkd.in/gkk4C7We #helpwanted #cloudsecurity #finos #commoncloudcontrols

According to our report, 77% of European respondents believe open source benefits outweigh the costs. And yet we still see a gap between open source users and contributors. Learn more: https://hubs.la/Q02Hpk9J0

???Open Source, Ethics & Innovation in AI?is fast approaching! We’re thrilled that our Senior Technical Architect, Rob Moffat, will be on a panel on?November 25th. Don’t miss it! #OpenSource #AIgovernance #AIreadiness #AIethics #FINOS

?? Join us for an Upcoming Webinar: Accelerated As-Of Reporting Without The Hassle – Modern Databases, Bitemporal Data, and XTDB with FINOS member JUXT ?? Zoom Registration: https://hubs.ly/Q02ZbNtq0 ?? December 11th at 11am ET / 4pm GMT ?? Speaker: Jeremy Taylor, Head of Product, JUXT (developers of XTDB, an open-source bitemporal SQL database) What You’ll Learn: ?? The basics of bitemporal data systems ?? Recent advances in modern database technology ?? Common pitfalls to avoid when implementing these systems Tech leaders in banking and financial services know the challenges of generating accurate "as-of" reports. From end-of-day client reporting to real-time post-trade systems and middle-office platforms, delayed and fragmented data isn’t just a regulatory risk—it can cost billions in lost revenue. Join this webinar to learn how open source database technology can simplify the process and deliver cost-effective, cloud-native solutions. #FINOS #Webinar #OpenSource #Finance #Fintech #BitemporalData #Databases #Innovation #CloudNative #FinancialServices

?? OSFF Insights: How Can Modern Database Software Simplify Reporting? Building on recent discussions at the Open Source Strategy Forum (OSFF) in NYC, JUXT's Jeremy Taylor delves into a critical challenge facing financial services: the inefficiencies in managing data for reporting and regulatory compliance. ?? Read the full blog: https://hubs.ly/Q02Z3svk0 ?? Webinar on Dec 11th: Accelerated As-Of Reporting Without The Hassle: Modern Databases, Bitemporal Data, and XTDB ?? https://hubs.ly/Q02Z3lKs0 #FINOS #FinancialServices #RegTech #FinTech #OpenSource #Innovation #DataManagement #Compliance #ModernDatabases

??? FINOS Technical Oversight Committee (TOC) Welcomes New Chairs and Members! We are delighted to announce the appointment of: ? ?? Eddie Knight (Sonatype) as the TOC Chair ? Peter Smulovics (Morgan Stanley) as the TOC Vice Chair Their leadership and expertise will guide the TOC in shaping the technical direction of FINOS, fostering open collaboration, and ensuring project alignment with the FINOS mission of innovation in financial services. We’re also excited to introduce our 5 newly elected TOC members: ? Elspeth Minty - RBC (re-elected for a 2nd term) ? Jamie Slome - Citi ? Andrew Aitken - Individual Contributor ? John Arroyo - Citi ? Flamur Gogolli - Amazon Web Services (AWS) A huge thank you to the entire FINOS community for your continued support and contributions. Let’s work together to drive innovation! ?? ?? Learn more about the TOC: https://hubs.ly/Q02Z1tKn0 ?? Explore the TOC GitHub repo: https://hubs.ly/Q02Z1tzZ0 #FINOS #OpenSource #TOC #FinancialServices #Innovation

?? ICYMI - On the FINOS Community Blog: Banks Harness Open Source Innovation to Transform Regulatory Reporting ?? The financial sector is facing increasing regulatory demands, and firms need new approaches to maintain compliance while driving operational efficiency. In this blog, JWG Group CEO PJ Di Giammarino shares insights from October’s FINOS OSSF 2024 event in NYC, where industry leaders like BNP Paribas, JP Morgan, and RBC explored how open-source solutions like the Common Domain Model (CDM) and Digital Regulatory Reporting (DRR) are reshaping compliance. With growing regulatory demands, CDM and DRR provide financial institutions a path to more efficient, cost-effective, and transparent reporting, aligning global standards and reducing complexity. This collaborative approach, powered by partnerships with ISDA and FINOS, is set to drive transformative change across the industry. ?? Read more here: https://hubs.ly/Q02Y_6Fb0 #FINOS #CDM #DRR #OpenSource #RegTech #Compliance #Innovation #OSSF2024 #FinancialServices #ISDA #OSinFinance #CommonDomainModel #RegulatoryReporting

?? TBF On The Go: Conference Series -?went live from the Open Source in Finance Forum 2024 hosted by FINOS! We had an incredible conversation with D - Daryan D. from Protect AI, diving into the future of ML SecOps and AI security. Protect AI is reshaping the way we think about securing AI systems from end-to-end, helping organizations manage security risks and protect AI assets like machine learning models. ?? We explored how AI security has evolved, the parallels between securing traditional software and AI models, and how Protect AI is transforming the landscape. Stay tuned for our upcoming Tech Behind FinTech podcast episode featuring D, where we dive even deeper into AI-SPM and the critical role of security in AI development. About the Tech Behind FinTech: Understanding the technology that powers the money is essential. Knowing the business drivers that inspire how the money is made is crucial. Bridging the gap between the mind of the technologist and the mind of the business while celebrating and highlighting disruptive FinTech startups is monumental. Nnamdi Osuagwu, hosts the 'Tech Behind FinTech' show and is the CEO and Founder of Strategic Generation, a Cybersecurity Consulting firm serving the FinTech industry. #TechBehindFinTech #TBFOnTheGo #FINOS #OpenSourceFinance #OSInFinance #OSFF2024 #AIsecurity #FinTechInnovation #MLSecOps #ProtectAI #StrategicGeneration #stratgen

?? 50% of organizations include security & vulnerability testing in their OSS contribution practices ?? Learn more in the 4th Annual State of Open Source in Financial Services report. Conducted by FINOS in collaboration with GitHub, The Linux Foundation Research, Red Hat, Scott Logic, and Sonatype the report explores how financial services professionals are increasingly contributing to and driving innovation in open source. ?? Download the FREE 2024 report now: https://hubs.ly/Q02WZFcd0 #FINOS #OpenSource #OSS #FinancialServices #GitHub #OSPO #Fintech #DeveloperContributions