FINOS
IT Services and IT ConsultingNew York, United States51-200 Employees
FINOS (The Fintech Open Source Foundation) is a nonprofit industry organization based in New York, New York that operates within the IT services and IT consulting sector. It focuses on uniting financial services participants to develop open technologies and standards, aiming to improve resilience, drive operational excellence, and accelerate innovation for financial institutions and related firms. As part of the Linux Foundation, FINOS provides a governed, neutral home for open source collaboration across a global community of member organizations, including major financial institutions and technology firms, with a stated emphasis on measurable ROI from open source adoption. FINOS supports production-grade open source in finance and integrates open standards into core workflows, platforms, and policies used by financial institutions. Its activities are oriented toward solving industry-wide challenges and building an ecosystem that fosters governance, collaboration, and open innovation in financial services. A recent development includes the launch of several AI-related initiatives and governance frameworks through its AI Readiness Special Interest Group, underscoring ongoing efforts to address AI readiness, governance, and common controls for AI services.