Keynote: Financial Services Has Embraced Open Source – What Can Europe Learn From the Journey So Far?
summary
Financial services creates FINOS in 2020 after investment banks donate large codebases called Lenon and Morfare, grows to over 100 members, and pivots to prove ROI, resilience and multi‑cloud portability. Works include an open AI governance framework and Common Cloud Controls for oversight and vendor portability. Announces eight new members and aims to make open source standard in finance by producing reusable code, open specs, and governance that regulators and compliance teams can adopt.
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chapters (10)
- 0:00Introduction
- 0:43Open source origins
- 2:06Open source readiness
- 3:50Major code donations
- 4:53Expansion in finance
- 6:39Finos projects
- 8:26AI governance framework
- 9:10Cloud controls and sovereignty
- 10:12Business impact of open source
- 12:21Call to action
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