Open Source Renaissance in Financial Services - A Strategic Perspective

Explore the remarkable transformation of open source adoption in the financial services industry through this insightful 30-minute conference talk by Gabriele Columbro, Executive Director of FINOS. Discover the key milestones, critical factors, and successful strategies that have led traditionally conservative financial institutions to embrace open collaboration. Learn about the industry's journey from lagging behind in open source contributions to experiencing a renaissance, with major firms like Goldman Sachs, JPMorgan Chase, and Citi making significant contributions to the Fintech Open Source Foundation (FINOS). Gain valuable insights into the motivations behind this shift, the proven tactics employed, and the impact of regulatory and competitive environments on open source engagement. Additionally, get a sneak peek at the initial findings from the first annual State of Open Source in Financial Services survey, conducted in collaboration with the Linux Foundation Research in 2021.