Once taboo, open-source skills now sought by Goldman Sachs, Morgan Stanley and other top sell sides

The world’s biggest banks want the new talent to possess at least some open-source technology skills, which was unthinkable a decade ago. It’s a win for advanced open-source practitioners, but how did it materialize? The answer is likely a not-so-even split between compulsion and choice.

Open-source software—finally—is reveling in its own renaissance era on Wall Street. In its first life, circa 2009, the would-be movement was dogged by salacious headlines featuring a familiar name, one-time Goldman Sachs programmer Sergey Aleynikov, and themes of theft, crime and misappropriation. Over the last decade, this perception has been all but overwritten. The world’s biggest sell-side institutions have gone from skeptics (if not outright naysayers) to some of the most active

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Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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