ORGANIZATION AND CULTURE By actively participating in open source, organiza- Market demands are pushing organizations to rethink some tions demonstrate that they invest in supporting talent. truly fundamental notions and in some cases, prompting them Organizations can also interact with potential hires in the to reconsider how they operate. Openness is becoming increas- project’s community and get a preview of how prospective ingly central to how groups and teams of all sizes are working candidates engage with others, leading to both better fits in together to achieve shared goals. FIGURE 3 shows that over half the hiring process, and aiding in talent retention. (54%) of respondents report that contributing to open source improved the quality of the software they are currently using. When asked how open source efforts fit into how their firm recruits and retains IT talent, one global technical architect Technology alone isn't enough to sufficiently tackle any set shared, “Talent recruitment is HUGE for us. We purposely of challenges. Doing the same things with different tools isn't publish our APIs to a lot of projects for contribution but also 4 an effective strategy for change. Another approach incorpo- for talent acquisition.” Another senior technologist shared rates people and practices within the platforms. a similar view: “Being part of the open source community is FIGURE 3 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 12