One of the biggest vindications of open-source software in recent years has been its widespread adoption by the finance sector. By Joe Fay In its 2022 State of Open Source in Financial Services report, the Fintech Open Source Foundation (FINOS) found that 87% of respondents agreed that open source is “valuable to the future” of the industry, with open-source consumption and the use of open standards seen as top factors in increasing productivity. Banks and other institutions have clearly decided it makes no sense to constantly develop their own software from the ground up when open-source alternatives exist. This not... Read more →