FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster the adoption of open source, open standards, and collabora- tive software development practices in financial services. It is a regulatory GitHub is the developer company. We make it easier for developers compliant platform at the center of open source, enabling the financial to be developers: to work together, solve challenging problems, and services industry to develop new technology projects and standards that have create the world’s most important technologies. We foster a collabora- a lasting impact on business operations. FINOS counts over 60 major financial tive community that can come together—as individuals and in teams—to institutions, fintechs, and technology consultancies as part of its membership. create the future of software and make a difference in the world. FINOS is also part of the Linux Foundation, the largest shared technology organization in the world. twitter.com/finosfoundation Red Hat is the world’s leading provider of enterprise open source solutions— www.linkedin.com/company/finosfoundation including Linux, cloud, container, and Kubernetes. We deliver hardened www.youtube.com/c/FINOS solutions that make it easier for enterprises to work across platforms and environments, from the core datacenter to the network edge. github.com/昀椀nos At Scott Logic, we love difficult. Our 300 U.K.-based consultants collaborate Founded in 2021, Linux Foundation Research explores the growing scale with some of the world’s biggest enterprises, providing a pragmatic approach to of open source collaboration, providing insight into emerging technology software development and delivering measurable value through insightful tech- trends, best practices, and the global impact of open source projects. nology advice. Our mission is to help our clients envision, design, build, and run the Through leveraging project databases and networks, and a commitment software applications that meet their needs and deliver the unique services their to best practices in quantitative and qualitative methodologies, Linux customers demand. Foundation Research is creating the go-to library for open source insights for the benefit of organizations the world over. twitter.com/linuxfoundation Copyright © 2022 FINOS facebook.com/TheLinuxFoundation This report is licensed under the Creative Commons linkedin.com/company/the-linux-foundation Attribution-NoDerivatives 4.0 International Public License. youtube.com/user/TheLinuxFoundation To reference this work, please cite as follows: Hilary Carter, Cara Delia, Tosha Ellison, Colin Eberhardt, Stephen Hendrick, Philip Holleran, “The 2022 State of Open Source in Financial Services,” foreword by Gabriele Columbro, The Linux Foundation, December 2022.