Manage episode 297078798 series 2949258
In this ninth edition of the FINOS Open Source in Fintech Podcast, FINOS Director of Community James McLeod interviews Nearform's VP of Strategic Initiatives, Danese Cooper after their FINOS Virtual Meetup presentation on July 1, 2020. Head to the FINOS.org site to see the video of the presentation, along with Danese's slides.
How can a regulated-industry business get ready for Open Source? That’s really a multi-layered question because of special requirements created by those regulations. The process of developing Open Source readiness through an internal InnerSource practice has been a focus in FinTech for most of the past decade, thanks to success stories from the likes of Lloyd’s Bank. How does the fact that FinTech companies are subject to strict regulation play into undertaking such a transformation? FINOS’s James McLeod was tweeting with Danese Cooper about a podcast they’d recorded when a follower asked that seemingly simple question, and out of the resulting conversation comes this webinar! We’ll be looking at issues such as PCI-compliance, GDPR-compliance, distributed-ledger systems such as Blockchain, and new regulations surrounding Transfer Pricing and exploring strategies to mitigate risk and what lessons can be learned from innovative new companies.
FINOS VIRTUAL "MEETUPS"
The FINOS Open Source in Fintech Podcast celebrates open source projects and interesting topics at the cross section of financial services and open source. So far, our industry experts have discussed practical applications of and their real-world experiences with a range of open source projects including desktop interoperability, low code platforms, synthetic data, and data modeling. They’ve also discussed best practices for inner source, common myths about open source and why commercial companies choose to introduce open source offerings. Tune in to hear what comes next.