Open Innovation in Financial Services

By • on May 8, 2018

The IT Business Net website reported that the Symphony Software Foundation, a nonprofit organization promoting open innovation in financial services, announces its launch as the Fintech Open Source Foundation (FINOS). The FINOS brand reflects the Foundation’s expanded mission of providing an independent forum for high-impact collaboration across the entire financial services community. “FINOS’ commitment to fostering open collaboration in the financial services sector will be crucial as financial technologies continue to evolve,” said Jason Warner, GitHub’s VP of technology. “As open source use has increased in banking technology, it is encouraging to see leading finance and technology companies come together to create open communities to help shape the next generation of financial institutions,” said Chris Wright, Red Hat’s vice president and chief technology officer.

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