on FINOS / The Linux Foundation
FINOS Exceeds 100 Members, Launches Vision for Open Source in Finance
The Fintech Open Source Foundation (FINOS) has announced it now has over 100 members, including new additions Ant Group and Thoughtworks, marking significant growth. As part of its 2025 vision, FINOS aims to promote open source AI in finance, develop industry standards for cloud security, and create solutions for regulatory compliance. These efforts underline the importance of open source as a strategic tool in global finance.
The foundation's roadmap also highlights sustainability through climate-aligned investing and plans for global expansion. With its diverse membership, FINOS aspires to drive innovation and efficiency in financial services through collaborative initiatives.
In 2024, FINOS achieved notable milestones such as a 20% increase in membership and broader adaptation of the FDC3 standards. The release of an AI Governance Framework provided crucial guidance for ethical AI adoption, and its merger with OS-Climate aligned financial services with sustainable practices.
R. H.
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