FINOS’ Post

Mifos and Fineract communities this is the chance for your voice to be heard! Fill out the 2024 State of Open Source in Financial Services survey using the unique link in our post below. It will only take 10 minutes of your time. Demonstrate the vibrancy and diversity of our open source community that is pioneering innovation in retail financial services and consumer fintech - a perspective that is still somewhat underrepresented in FINOS. For the first time, core banking is now one of the options to select for the question, "Which of the following aspects of financial services would most benefit from open source?"

📢 Discover why financial firms are turning to open source databases to drive innovation in a new FINOS blog by Dave Stokes of Percona 📖 Learn how open source solutions reduce costs, eliminate vendor lock-in, and deliver high availability, scalability, and security – all while fostering innovation in financial services. ➡️ Read the full post here: https://hubs.ly/Q02QWspz0 🔗 #OpenSource #FinancialServices #Innovation #FINOS #Percona #DatabaseSecurity #Scalability #HighAvailability

For #techtuesday read the latest Rafiki updates on Alpha 12 and Alpha 13. Read Sabine Schaller’s community blog post to get the inside scoop on the new advancements! https://lnkd.in/ekbDCbWd #techupdates #fintech

Please join the session where we would discuss the important topic around cost and forking as part of FINOS Open Source Readiness!

🎫 Unlocking Secure, Open Supply Chains - Join Emily Fox of Red Hat at our Open Source in Finance Forum on September 30th & October 1st. 🔗 https://hubs.ly/Q02M9wCK0 Talk Abstract Consuming open source is only a risky proposition if you don’t take the time to engineer a process that mitigates risk through security best practices of open source. Building a program for your organization to securely consume and contribute to open source is no different than developing new software. It is entirely determined by the practices, policies, technical controls, risk tolerance, and culture you establish and reinforce. From your software supply chain to your running services, open source can be both a reference and a guide to conducting the necessary diligence so that your investment in open source is a reward for you, your engineers, and your business. In this talk, we’ll explore assumptions about open source and open source security, tactics for managing secure open source consumption, reducing or mitigating risk presented by open source, and how to successfully use triangle composition to drive your efforts. 📆 OSFF Schedule: https://hubs.ly/Q02M9vhv0 Event presented by FINOS & The Linux Foundation #OSFF2024 #OSinFinance #opensource #fintech #financialservices #techevent #conference #opensourcecommunity

🎥 Forking in Open Source Could Be Costing Your Firm Money 🎥 When staff can’t contribute to open source, firms often end up maintaining internal forks of projects. This duplication of effort is costly—engineering time that could be saved if contributions were allowed. Rob Moffat would love to hear your experiences! If you have data or stories on this issue, please get in touch as he’s preparing a report with The Linux Foundation Research for OSFF New York. 📧 Email him: rob.moffat@finos.org 🔍 Check out our Open Source Readiness Maturity Model & Checklist: https://hubs.ly/Q02Kc7jx0 🌐 Learn more about Open Source in Finance Forum: https://hubs.ly/Q02Kc9-l0 #OpenSource #FINOS #OSFF #TechCommunity #FinancialServices #Fintech #Regtech

Keep your SWIFT systems running smoothly with Netlink’s Annual System Support. We adhere to vendor certification standards, providing regular operational checks and comprehensive monitoring to ensure optimal performance. Trust us to manage your SWIFT infrastructure expertly! Click here: https://lnkd.in/dcMHNvUD  #SWIFTSupport #SystemMaintenance #OperationalExcellence #NetlinkTestlabs #TechSupport #InfrastructureDesign

🎫 Join 📚Abdullah Garcia of J.P. Morgan for Exploring a Risk Approach to Software Supply Chain Security at our Open Source in Finance Forum on 26th June in #London 🔗 https://bit.ly/4dA6XBI Talk Abstract Throughout the presentation, I dive into software supply chain attacks and explain how they unfold incrementally. By understanding the latter, attendees will learn how to analyse their firms' internal processes for software ingestion, integration, and testing to account for Supplier Risk both during and after deployment. Attendees will also understand how the risk-based model can respond to software supply chain attacks even when they are not detected until later in the internal software supply chain, and gain critical insight into the kinds of changes needed in their organisations' internal processes and software tools to support this approach. 📆 OSFF Schedule: https://bit.ly/4dB4bwq Event presented by FINOS & The Linux Foundation #OSFF2024 #OSinFinance #opensource #fintech #financialservices #techevent #conference #opensourcecommunity

🚀 Basis Theory’s Production Checklist! 🚀 All of the best practices to go into production with a Basis Theory integration. 🔧 What’s Inside: ♦️ Essential steps for a smooth production rollout. ♦️ Best practices for security and performance. ♦️ Tips to avoid common pitfalls. 💬 Got questions or tips? Let’s discuss in the comments! https://hubs.la/Q02Jnlgv0 #DeveloperTools #ProductionChecklist #Fintech #BasisTheory #SoftwareDevelopment #LaunchReady

Last year, our State of Open Source in Financial Services study found that 88% of respondents considered open source valuable to the future of their organization. Using, contributing to, and participating in open source is a critical part of innovation in FinServ, and our annual reports with FINOS help decision-makers and technologists make sense of trends, gaps, and expectations in this specific industry. Join our efforts for this year's study, and take our survey!