“Opening” Wall Street: Seizing The Opportunity Of Open Source In Fintech
summary
Claims that open source is practical for finance rest on measurable moves: the Fintech Open Source Foundation expands from Symphony to sector-wide projects, running a CI/CD pipeline with CLA bot and Maven/NPM namespaces and pursuing a cloud certification to mutualize controls. Regulators and banks face concrete pain — KYC workflows cost about $50M per firm and firms like JPMorgan report ~16,000 developers — so the argument is about reusable implementations, security checks, contribution processes and whether those artifacts actually reduce cost and risk.
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chapters (7)
- 0:00Start
- 1:42Meet the Fintech Open Source Foundation
- 12:59The new Fintech landscape
- 18:39OSS is good for your health
- 32:50Why should regulators care?
- 42:19FINOS Programs at a glance
- 44:18The Open Developer Platform ODPI
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