We also compared financial services with other industries by value of open source, establishing policies, and working on looking at results from a recent survey that spanned multiple awareness, they are further behind in developing and imple- FIGURE 19) show that sectors. The numbers in that survey ( menting the requisite tools and processes that streamline financial services still lags behind other industries in openly open source contribution. As one individual close to open encouraging contribution. (This is the case despite there source at his organization told us, “We think it’s important being a slight difference in survey results, with 30% openly to be able to contribute to upstream projects. If you can’t encouraging contribution in our survey compared to 25% in patch, you may have to fork internally and then keep merging the cross-sector survey.) upstream changes and rebuilding, so it’s inefficient. It’s also the right thing to do and is consistent with our values. We still This finding is consistent with our assertion that although have work to do to make our processes more scalable, but we financial services firms are increasingly understanding the 24 see the value.” FIGURE 19 Variations in contribution policy based on the sector Contribute if it is Contributions Contribution is required by the open are not Don't know openly encouraged source licence No clear policy permitted or not sure Information Technology 61% 6% 25% 2% 6% Professional, Scientific, 58% 8% 24% 0% 12% and Technical Services Telecommunications 48% 22% 13% 7% 11% Public Sector 29% 3% 58% 3% 6% Education 28% 0% 67% 0% 5% Finance and Insurance 25% 4% 53% 6% 13% 2022 WORLD OF OPEN SOURCE: EUROPE SPOTLIGHT SURVEY, Q8 X Q20, SAMPLE SIZE = 760 THE 2022 STATE OF OPEN SOURCE IN FINANCIAL SERVICES 29
The State of Open Source in Financial Services Page 28 Page 30