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201704 - An Introduction to the Symphony Software Foundation

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201704 - An Introduction to the Symphony Software Foundation

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An introduction to Symphony Softwar Foundation, community, projects, open source and open standards focused initiatives for innovation in financial services and fintech.

For more information check out:

Website: http://symphony.foundation
Wiki: https://symphonyoss.atlassian.net/wiki/
Github: https://github.com/symphonyoss/

An introduction to Symphony Softwar Foundation, community, projects, open source and open standards focused initiatives for innovation in financial services and fintech.

For more information check out:

Website: http://symphony.foundation
Wiki: https://symphonyoss.atlassian.net/wiki/
Github: https://github.com/symphonyoss/

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201704 - An Introduction to the Symphony Software Foundation

  1. 1. The Symphony Software Foundation Enabling Open (Source + Standard) innovation in Financial Services Gabriele Columbro (@mindthegabz) Executive Director Symphony Software Foundation

  2. 2. @symphonyOSS Platinum Members Gold Members Silver MembersNew! The Symphony Software Foundation community ~50 Open Source Projects 3 Active Working Groups 22 Member organizations ~40 Project Committers
  3. 3. @symphonyOSS And vendor lock-in prevention Platform influence Superior trust for end user and regulators Security by many eyeballs Leveraging the Community innovation 
 potential Velocity and innovation Solve common industry problems faster and provide app choice to consumers Interoperable ecosystem Hosted and per user / month pricing model Cloud hosted PODs (tenants) With customer only holding decryption key End to end encryption Open vs bundled play Platform, APIs, App store Intra and inter-firm Compliant communication
  4. 4. @symphonyOSS Open Standards are necessary (but not sufficient) Lack of Stickiness if business initiated & abstract, might not solve “real life” problems for the individual Can be fundamentally undermined by “not-so-great team players” Can be too abstract and never implemented Common traits of (not so) successful business-driven Open Standards Quasi-standard implementation Can be fundamentally undermined by vendors who are “not-so-great team players” Waterfall Can be too abstract and never implemented
  5. 5. @symphonyOSS Open Source is necessary (but not sufficient) Limitations of a pure-play open source approach Can be hard to keep strategic roadmap cohesion Very much individual driven, might miss the bigger picture Not all OSS projects are business valuable and easy to engage in Not easy to what, how and when to invest in an OSS project Not Enterprise friendly
  6. 6. @symphonyOSS The 2 worlds are colliding! Open Source and Open Standards virtuous cycle
  7. 7. @symphonyOSS
  8. 8. @symphonyOSS Members and contributors can access Symphony APIs, developer tools and documentation, and an enterprise-grade software lifecycle that ensures high quality, IP and security compliance of its project releases. Open Developer Platform (as of Nov 2016) @symphonyOSS Hosts an ecosystem of open source projects on Github around the Symphony messaging and collaboration platform. Projects are community driven and are licensed under the enterprise-friendly Apache v2 license. Open Source The Symphony Software Foundation is “Open” for business Open Open Standardization Fosters open standardization and interoperability for the industry through transparent Working Groups for the Member organizations. Open Governance Implements an open, inclusive and meritocratic governance model for each of its governing entities, which include a board of directors, engineering steering committee, working group and a project team.
  9. 9. @symphonyOSS Integrations Framework Symphony Platform API Clients Bots, integrations, Apps Desktop Containers Minuet
 SymphonyElectron HelpDesk, RFQ Java, Python, C# iBridge Contribution 
 in progress ReST API Container API Financial
 Objects
 Standardization Security SSF Projects and Working Groups
  10. 10. Proprietary and Confidential Any Container
 (through Interop APIs) Any Container
 (through custom launcher) Legacy App (no Container) OpenFin
 (through custom launcher) SymphonyElectron
 (through custom launcher) Symphony <-> Container Interop APIs Example: Click-to-dial Context: “contact” Action: “dial” Target: “gab@symphony.foundation” A truly inter-bank Open Platform and Ecosystem
  11. 11. @symphonyOSS Open Standards + Open Source = Successful Platform (and Ecosystem)
  12. 12. @symphonyOSS #opensource #Fintech@symphonyOSS #opensource #Fintech Open Developer Platform provides seamless Developer XP Symphony POD API Access Hosted Development Process ✓ Github ✓ Jira / Confluence ✓ CI/CD (container based) Developer Tools ✓ API Clients ✓ Frameworks / components ✓ Hubot, Angular integrations OSS Release Infrastructure ✓ Maven Central ✓ NuGet ✓ NPM foundation-dev.symphony.com Dev Business http://symphony.foundation/docs/201610-foundation-developer-platform-brochure.pdf Contribute and get access to the Open Developer Platform at
 https://symphonyoss.atlassian.net/wiki/display/FM/Foundation+Open+Developer+Platform Enterprise grade project lifecycle ✓ IP Cleanliness (CLA and automated IP Checks) ✓ Security ✓ Software Quality
  13. 13. @symphonyOSS OSS maturity stages http://www.bearingpoint.com/ecomaXL/files/Open_Source_Drives_Innovation_In_Financial_Services.pdf
  14. 14. Proprietary and Confidential http://events.linuxfoundation.org/sites/events/files/slides/State%20of%20the%20Union.pdf The Answer is: Projects with a sustainable ecosystem. And what’s an ecosystem: A rich developer community whose code is used to create value which is in turn reinvested back into the project
  15. 15. Project Lifecycle: Know your open source
  16. 16. @symphonyOSS #opensource #Fintech Develop seamlessly and consume safely on ODP https://symphonyoss.atlassian.net/wiki/display/FM/Open+Developer+Platform Available to all Foundation Committers!
  17. 17. @symphonyOSS Ensuring 
 upstream/downstream Compliance Consumers ● Badges, stats and docs ● High quality, secure, compliant software ● Access to the community Contributors ● Best of breed Infrastructure ● Metrics, KPIs and automation ● Exposure through the community
  18. 18. @symphonyOSS 1. FinServ Open Source readiness • Goal: Support the industry in a standardized contribution policy / SDLC for Financial Services Open Source engagement • Approach: Major event in Q3 including Members, OSS vendors, adjacent enterprise leaders • Working Group focused on Legal, Technical and business ownership 2. Open Innovation Challenge hackathon series • Goal: Grow OSS project portfolio to ~100 projects and focus on delivering high value solutions for our Members • Approach: Public and internal developer events focused on weighted ideas from the Members 3. Partnering with adjacent ecosystems • Goal: Brand and community growth at developer and decision maker level • Approach: FinServ focus on H1, OSS mainstream in H2 4. Member only Surveys / Position Papers • Goal: Provide Members with unique insights on industry trends around Open Source, Interoperability andSymphony • Approach: Execute Member only surveys, in partnership with renowned players (e.g. BlackDuck, Github, etc) 2017 Key Initiatives
  19. 19. @symphonyOSS Future growth horizons Growing the Foundation footprint to enabling ever broader OSS collaboration Symphony Open Ecosystem 01 Symphony Open Core Open For Financial Services Open Enterprise Collaboration 02 03 04 Open Ecosystem Fostering cross-firm OSS collaboration on common bots, apps, 
 integrations on the Symphony Platform Open Source Platforms Transparent and meritocratic governance over FinServ platforms contributed to the Foundation Open FinServ Provide an enterprise grade “safe space” where financial firms can solve common industry collaboration problems Open Enterprise Collaboration Extend the Community to other regulated industries leveraging Symphony as the platform to collaborate and fabric of communication
  20. 20. @symphonyOSS The pattern of Enterprise Open Source engagement Consumption github.com/symphonyoss dev@symphony.foundation symphony.foundation twitter.com/symphonyOSS Contribution Contribute a Project or Idea Join an Existing Project
 Submit PRs & Issues Commitment Become a Foundation Member Join a Working Group
  21. 21. @symphonyOSS@symphonyOSS Thank You. For more information, 
 please visit http://symphony.foundation and join our Community!
 
 twitter.com/symphonyOSS
 github.com/symphonyOSS

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