Open Source Strategy Forum London 2021

Open Source collaboration holds the promise of enabling faster, more efficient, and safer innovation. The challenge lies in leading an organization to leverage its Open Source investment to drive tangible business transformation. Maximizing the value your institution derives from it is far more than a technical consideration; it requires a committed shift in your organization’s cultural approach to the ethos of Open Source and community. Learn: - Why embracing the OSS community and participating in industry-focused projects leads to the biggest business benefits - How investing and reinvesting in contributor communities accelerates long-term innovation - Best practices and tips for maximizing your investment Attend this session to understand how your organization can contribute to and reap the benefits of open source adoption.

Prometheus has taken the cloud-native world by storm and is the widely adopted standard for anything metrics in the cloud-native world. And "metrics" is just another word for "numeric data", "timeseries" just another word for "track changes over time". There's a vast ecosystem of implementations, Open Standards, compatible software, analysis and visualization.  Similar to how Industry 4.0 is disrupting whole industries with technology that's somewhere between standard and borderline obvious in other fields, there are systems in the cloud-native ecosystem which deal with orders of magnitude more data than other fields. There are roughly 41,000 listed companies in the world. CNCF's Prometheus is a standalone data engine which can handle 100,000,000+ time series. CNCF's Cortex, a Prometheus sister project, can scale to 600+ million time series per cluster.  If you're looking for the intersections of FinTech and cloud-native, this is a major one.

To stay ahead of the competition, teams need the ability to innovate and deliver rapidly. Modern container based platforms such as Kubernetes can help teams deliver change faster, without compromising platform integrity. However, there is a sometimes-overwhelming choice in what Open Source projects to include, and endless possibilities in how they’re implemented. During this session, we will walk through numerous real life case studies and show how financial companies of all sizes contained the chaos and realised the benefit of Kubernetes and Kubernetes Management. We will approach this discussion from an Open Source technology standpoint, and give you an overview of the different Kubernetes based platform offerings out there, while giving an evidence based comparison between the most popular choices. You will also learn how a Kubernetes based platform can enable multi and hybrid cloud capabilities within the finance sector, based on real life success stories.

Consuming Open Source in your business is fundamentally different from consuming proprietary software from traditional providers. In particular, consuming Open Source implies being a community member and contributing as well as consuming. We propose a set of challenges that need to be addressed by any commercial consumer of Open Source software, and how close control as well as more direct involvement with the supply chain can address them. We also demonstrate the feasibility of this by linking it to the efforts of other communities, especially the Open Source Security Foundation (OpenSSF), which are making progress in enabling safer Open Source supply chains.

This session will describe the concept of Open Banking around the world through a regulatory and policy lens. It will then move into the technical standards that different jurisdictions are pursuing, notably the difference between different API messaging standards being proposed. The session will then describe how Open Banking concepts work well with Open Source collaboration and how even regulatory policy in some jurisdictions is shifting to an open source style of transparency and input. The presenter will also contrast the differences between Open Source and Open Standards and why the two are not the same and have profound differences in how organizations should respond.

Since we last gathered in person, FDC3 usage has seen incredible growth. This talk will provide an overview of FDC3 usage across the industry, highlighting both internal and external usage. We will cover high-impact FDC3 usage and identify some key themes and trends. I’ll share some predictions about the next year of FDC3 growth, and identify missed opportunities.

Financial software is an amazing feat of collaboration between two groups of experts who speak entirely different languages. Imagine what they could achieve if they spoke the same language! Morphir is a single language for business and technology that shapeshifts into a familiar form whether that is a flow diagram or your favourite programming language. In his talk, Attila will show how domain and technology experts can work together to build and test a solution in minutes. Then he is going to show how the same business logic can be executed on multiple different technology platforms without manual coding. Finally, Attila will give you real-world examples of how Morphir facilitates collaboration between different technology teams even if they work in wildly different business domains.

As desktop interoperability gains momentum, app vendors must prepare for expectations from clients who look for FDC3-enabled applications to join their integrated desktops. Meeting FDC3 standards allows your app to easily interoperate with other applications (without the need to coordinate with their developers first) and therefore secure a spot on clients' smart desktops. Getting your application FDC3-enabled is easier than ever with the new FINOS-contributed project, FDC3 Workbench. This new developer tool makes it easy to verify that your application communicates correctly with other apps using FDC3 protocol, while additionally providing a fully-featured desktop agent—Finsemble—to develop in. Don’t be left out of the interop movement—join this session to see how this open-sourced workbench can assist you today.