There is now a significant shift towards open source adoption and contribution in the financial services industry. Open source is enabling financial institutions to modernise their applications, build more cost effective and compliant clouds and tap into new artificial intelligence use cases.
Open source also delivers strategic advantages to financial institutions that are developing and driving digital transformation initiatives. The ability to easily incorporate commercial-grade open source software building blocks in their technology landscape allows financial firms to build a strong digital foundation. However, in a highly regulated industry, it’s key to ensure that the open-source stack has the right security requirements in place.
This whitepaper explores:
- How financial services industry leaders can build a secure foundation for open source adoption
- The role of open source in building the key technology pillars that are essential for sustainable digital transformation in the financial services sector: hybrid clouds, cloud-native infrastructure and AI/ML
- The role of an enterprise Linux in helping financial services industry leaders establish a secure foundation for open source