FINOS Corporate Membership Benefits and Value
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FINOS Corporate Membership Benefits and Value
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FINOS Corporate Membership Benefits and Value
- 1. finos.orgFintech Open Source Foundation Confidential Become a FINOS Corporate Member Benefits and Value of FINOS Membership
- 2. finos.orgFintech Open Source Foundation FINOS Members SILVER MEMBERS GOLD MEMBERS PLATINUM MEMBERS
- 3. finos.orgFintech Open Source Foundation Why becoming a FINOS Corporate Member? INDUSTRY NETWORK Engage with industry leaders Collaborate with technology and business leaders with extensive expertise and the vision to drive the future of Open Source in Financial Services. Head of Innovation CIO Global Markets Director of Data Science Head of Strategy & Solutions Head of Platform Director Cloud Infrastructure Head of Client Technology MEMBER SUCCESS Focus on achieving member goals Benefit from our member-only initiative dedicated to maximizing member value from all stages of engagement with FINOS. OSS strategy High-value opportunities Policy advice Readiness assessment Member OSS metrics Training sessions and workshops Bespoke member reports Exert significant influence over the strategic direction of FINOS programs and future focus areas. STRATEGIC DIRECTION Steer Programs and focus areas Open Data Distributed Ledgers Common financial objects Signals and Hashtags Voice enabled technology Bots, bots and more bots Application interop
- 4. finos.orgFintech Open Source Foundation Member benefits Member organizations get several benefits in addition to contributors: ▪ Access to FINOS Board ▪ Propose new programs ▪ Influence Foundation strategy and corporate governance ▪ Attract talent through brand positioning with Foundation ▪ Access member only events and resources ▪ Faster value through Open Source with our proactive Member Success initiative https://www.finos.org/become-a-member
- 5. finos.orgFintech Open Source Foundation FINOS 2019 Strategic Member Initiatives Member Success Initiative OSR Program Informs Priorities Success criteria (everyone’s ready) Contribution opportunities Enablement Content FinServ compliant OSS toolchain OSS Policies and Processes
- 6. finos.orgFintech Open Source Foundation The FINOS Open Source Readiness Program Ad Hoc Consumption No Contribution Ad Hoc Tracked consumption No Contribution Tracked Tracked consumption Minor contribution Managed Tracked Consumption and Contribution Minor contributions Small proprietary contributions Standardized Consume Contribute Lead Automated rule based consumption All level of contributions including managing own open source software Strategic Open Source Readiness Assessment helps you identify where you are on the maturity scale. Awareness (People) Policy (Process) Technology (Tools) OSS Readiness Assessment Benefits & Business Value of OSS Whitepaper Open Source Engagement Strategies Reference FOSS policy for FinServ OSS Decision-maker Councils How to set up OSS Program Office Surveillance solutions for open source engagement OSS events & basic trainings Compliant OSS engagement infrastructure FinServ OSS program office knowledge sharing Continuous IP compliance / security validation tools Compliant infrastructure for FINOS projects Open source license guidance Open source project governance guidance Programs Community Self-Promotion tools
- 7. finos.orgFintech Open Source Foundation The Member Success Initiative Introduces a new level of interaction with our members dedicated to maximizing value from all stages of engagement with FINOS. We take an integrated approach working with our members to define their success criteria and path to achieving success across all FINOS programs.
- 8. finos.orgFintech Open Source Foundation Our approach to Member Success Understand Current State Identify Goals and Focus Areas Agree Approach Drive Results Understand the current state of open source consumption, contribution and awareness along with associated policies and processes. Clearly identify goals for engaging in FINOS and with open source more generally, understanding what”success” means for the specific member firm. Define a roadmap that progressively moves the member firm towards “success” including specific milestones and an agreed approach. Execute on the approach, establishing appropriate metrics or reports to track progress and identify challenges or roadblocks sooner rather than later.
- 9. finos.orgFintech Open Source Foundation Integrated Approach Let Member Success help you ● Identify key projects that will help increase the motivation and drive to reach optimal Open Source Readiness. ● Proactive support to progress through the stages of Open Source Readiness to get full benefit from the Programs. OSR + Programs = Maximum Benefit Full Open Source Readiness enables you to get the most value out of the programs and community. Let Member Success help you ● Learn about the existing programs and which will help you achieve your goals and provide a high level of value ● Identify new programs that are of interest to you and other Members ● Find the right individuals in your organisation to engage in the working groups and projects. Member Success Open Source Readiness Programs
- 10. finos.orgFintech Open Source Foundation An overview of our Membership Tiers
- 11. finos.orgFintech Open Source Foundation finos.org 1117 So. California Avenue Palo Alto, CA 94304 +1 650.665.9773 info@finos.org Become a Member today! finos.org/members finos.org/become-a-member membership@finos.org
Notas do Editor
- I am gabriele Columbro - executive director of the symphony software foundation. While I have spent a life in open source, between community and commercial companies, I don’t come from the financial services industry per se. While you could probably say I come from the Valley, that Italian part of the Valley, I guess :) So when I started as ED of the Symphony Software Foundation less than 2 years ago, I knew a few things about this industry, but had to learn a thing or two about the world of Financial Technology. I knew there’s amazing technology in this ecosystem but I learned that’s still highly siloed. And I learned that post trade workflows can take days if not weeks. I learned about over time consortiums, standard bodies, working groups tried to build co-opetition models - with generally different degrees of success. And finally, I’ve learned that Open APIs were still a quite new thing for the industry, but - and that I already knew - open source was still looked at with diffidence. But, I quickly learned that, between Fintech platforms enabling entirely new channels in the ecosystem and disruptive disintermediation source technologies like blockchain, the industry was in the midst of a revolution, one that is bound to drive entirely new business models. One that requires a deep questioning, from each player in the ecosystem, as to what it means to build and consume financial technology. So, having the luck to seat with some of the largest financial institutions and financial technology vendors, starting a high stake and collaborative in nature use case like the Symphony platform, we realized the massive opportunity to provide an environment where faster innovation could happen by the means of efficient open collaboration between firms on their technology strategies. But one thing I DID know when I joined was that it was not going to be easy. In fact with great opportunities come great challenges, and especially in regulated industries, as we probably all have experienced - there are great challenges in collaborating across the firewall.
- So by now you hopefully know about some (or all) of the benefits available to our members. Propose new programs - e.g. the Data Technologies Proposal put forward by Morgan Stanley, JPMC and Citi. Access to member only events - networking events like this meeting, roundtables on specific topics Marketing Opportunities - press releases, white papers, videos and anything else you can think of Priority access to all FINOS events - our Open Source in Fintech Event Series (new topics each month)
- Understanding current state may involve discussions with a range of interested (or not yet interested but should be interested) individuals and groups across different areas of the firm. Part of understanding current state and identifying goals is also to determine where there is common interest among partners and other firms. An output of which will be roundtables with relevant participants on specific topics of interest, e.g. settlement. It will also help the member success team highlight existing programs that the member firm should be engaged with. Approach may include a number of parallel streams, for example, a specific OSR track with policies and legal guidance, developing training and awareness sessions, identifying the right people to help move things internally. (Just paying $ isn’t enough, there has to be movement internally as well).
- Understanding current state may involve discussions with a range of interested (or not yet interested but should be interested) individuals and groups across different areas of the firm. Part of understanding current state and identifying goals is also to determine where there is common interest among partners and other firms. An output of which will be roundtables with relevant participants on specific topics of interest, e.g. settlement. It will also help the member success team highlight existing programs that the member firm should be engaged with. Approach may include a number of parallel streams, for example, a specific OSR track with policies and legal guidance, developing training and awareness sessions, identifying the right people to help move things internally. (Just paying $ isn’t enough, there has to be movement internally as well).