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🔑 Scaling Open Source Readiness in Financial Institutions | OSFF New York 🇬🇧 Register for OSFF London 2026! Join us on June 25, 2026, at the Queen Elizabeth II Centre. 🎟️ Register Now: https://hubs.ly/Q041YV9Z0 🔥 20% OFF CODE: 26YTOSFFLN20C 📚 OSR Body of Knowledge: https://osr.finos.org/ 🌐 More about FINOS: https://www.finos.org/ 🚀 Explore insights from #OSFFNewYork by FINOS – the leading open source in finance conference. 📧 Join our newsletter: https://www.finos.org/sign-up 📥 Download the State of Open Source in Financial Services report: https://www.finos.org/state-of-open-s... 🎙️ Listen to our Open Source in Finance Podcast: / @finos 🗣️ Attend the next Open Source in Finance Forum: https://hubs.ly/Q03z9D9D0 LinkedIn: / finosfoundation In this high-level panel, Peter Smulovics (Morgan Stanley), Brittany Istenes (Fannie Mae), and Elspeth Minty (RBC Capital Markets), moderated by Rob Moffat (FINOS), share the "battle-tested" blueprints for taking open source from a developer-led hobby to an enterprise-grade strategic asset. 🏛️ The Infrastructure of Readiness "Open Source Readiness" (OSR) is the foundational ability of a firm to consume and contribute to open source while managing regulatory, legal, and security risks. The panelists outline the evolution of a firm's maturity: The OSPO as a Catalyst: How an Open Source Program Office acts as the "connective tissue" between Legal, Risk, Cyber, and Engineering. Maturity Modeling: Moving from passive Usage (SCA scanning) to active Contribution and eventually Strategic Leadership in the ecosystem. The "Security Sandwich": Balancing the speed of open source adoption with the rigorous supply chain security standards required by regulators. ⚙️ Scaling Contribution: The Morgan Stanley & RBC Playbooks The leaders discuss how they’ve automated the "toil" out of open source contribution to empower thousands of developers: Frictionless Approval: Using tools like GitProxy and automated CLA (Contributor License Agreement) management to shorten the distance from "Idea" to "Pull Request." InnerSource as a Stepping Stone: Brittany Istenes explains how InnerSource (applying open-source patterns internally) builds the "muscle memory" needed for external contribution in a safe environment. Policy-as-Code: Leveraging frameworks like CALM (Common Architectural Language Model) to embed compliance and architectural standards directly into the development lifecycle. 🛡️ Navigating the Regulatory Landscape In 2026, regulatory scrutiny of open source has intensified. The panel addresses how they meet these evolving standards: The OSR Body of Knowledge (BoK): Utilizing the FINOS-curated BoK to standardize "what good looks like" for auditors. Cyber Resilience Act (CRA) & Liability: Preparing for new global laws that hold software producers—including financial institutions—accountable for the security of their released code. SBOMs & Transparency: Transitioning from "knowing what we use" to "proving how we secure it" through high-fidelity Software Bills of Materials (SBOMs). The takeaway: Scaling open source readiness is no longer a technical choice; it is a business imperative for resilience and talent. By operationalizing OSPOs and contributing back to common standards, financial institutions can reduce redundant development costs, attract top-tier talent, and proactively satisfy the most demanding global regulators. #FINOS #OSFF #OpenSourceReadiness #OSPO #InnerSource #MorganStanley #RBC #FannieMae #FinTech #RegTech #SBOM #cyberresilience About FINOS FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster the adoption of open source, open standards, and collaborative software development practices in financial services. It is the center for open source developers and the financial services industry to build new technology projects that have a lasting impact on business operations. As a regulatory compliant platform, the foundation enables developers from these competing organizations to collaborate on projects with a strong propensity for mutualization. It has enabled codebase contributions from both the buy- and sell-side firms and counts over 50 major financial institutions, fintechs and technology consultancies as part of its membership. FINOS is also part of the Linux Foundation, the largest shared technology organization in the world. Get involved and join FINOS as a Member.