The 2023 State of Open Source in Financial Services

Linux Foundation Research has partnered with the Fintech Open Source Foundation (FINOS) for the last three years to study the financial services industry's use, contribution, and participation in open source.

In its third year, the annual FINOS research report analyzes quantitative and qualitative data to understand industry-wide trends in open source adoption, from banking, to asset management, to hedge funds. In comparison with the 2021 and 2022 reports, this analysis illustrates directional shifts in use and contribution of open source software and acts as a resource for industry leaders to create or refine their open source strategy.

Authors:

• Hilary Carter, Linux Foundation

• Cara Delia, Red Hat

• Tosha Ellison, FINOS

• Colin Eberhardt, Scott Logic

• Stephen Hendrick, Linux Foundation

• Philip Holleran, GitHub

• Adrienn Lawson, Linux Foundation

• With a foreword by Jane Gavronsky, FINOS

Additional Resources:

• Open Data