Isda's CDM leaves banks questioning the way forward; the rise of virtual-desktop infrastructures; generic business intelligence tools become more popular.
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
Gabriele Columbro, founder and executive director of the Fintech Open Source Foundation (Finos) joins the podcast to talk about open source technology.
Driven by common industry pain points and unforeseen complications, capital markets firms have begun using open-source technology more widely.
The nonprofit is reaching out to regulators to determine where open source could ease regulatory burdens on financial institutions, while keeping them competitive with tech companies.