Efficient Standards: From Idea to Implementation Using Linux Foundation Collaboration

Explore the process of developing efficient standards in finance technology through this informative conference talk. Learn how the Linux Foundation facilitates the journey from idea to standard to implementation using internationally recognized collaboration methods. Discover the challenges faced in banking and finance technical innovation, including the need for interoperability, compliance with mandates, and handling of private data models. Gain insights into how standards projects can benefit technical innovation through common collaboration, interoperability between implementers, and the creation of internationally recognized guidelines. Understand the Linux Foundation's range of project formats, from small community specifications to complex, funded international standards. Examine real-world examples such as PSD2, and delve into topics like technical collaboration, industry challenges, implementation hurdles, and the project ecosystem. Acquire valuable knowledge on navigating the standards development process in the evolving landscape of finance technology.