firm’s technology stack, such as developers, engineers, and reliability, support, security, and a more predictable release architects, are stakeholders in the organization’s success. cadence. The challenge for leaders in financial services is Retaining these stakeholders and growing their skills is a key ensuring that they are taking full advantage of all the inno- opportunity to stay competitive in today’s market. vative potential of open source in a way that does not impede developers or put the organization at risk. This being said, as In thinking of your organization, how many are innovative, FIGURE 5 below shows, 77% of survey respondents report that engaged, and producing outcomes that were not previously contributing to open source software improves the security seen? of the projects they are working on (48% strongly agree, and 29% somewhat agree). SECURITY Financial institutions want the innovative benefits of open Due to regulatory, compliance, and security reasons, certain source without the risks—that is, with the promise of open source communities might not be the right place to FIGURE 5 Organizational reasons for contributing to open source I feel my organization should contribute to open source in order to: Improve the overall quality of the open source software that they are currently using Be a more attractive place to work Improve security Fulfill its moral obligation Strongly disagree Somewhat disagree Neither agree nor disagree Somewhat agree Strongly agree 2022 FINOS STATE OF OSS IN FINANCIAL SERVICES SURVEY, Q26, SAMPLE SIZE = 188-193, DKNS EXCLUDED THE 2022 STATE OF OPEN SOURCE IN FINANCIAL SERVICES 14