PPRO Appoints Campos as Independent Chairman Former SWIFT CEO Lázaro Campos was appointed the first independent board chairman for PPRO on April 25, according to the provider of digital payments infrastructure technology. SWIFT provides global financial messaging software, services, and systems. Campos was appointed to the board “to strengthen … governance in the next phase… Read More >>
Q&A: Securities Firms Are More Open to Collaboration
(Systems and software based upon open source technology have permeated the securities trading industry even though firms had reservations about the movement for years. In fact, Fintech Open Source Foundation (FINOS), the financial services sector project of the Linux Foundation, had a membership surge in 2021 via a 34 percent increase in new corporate members… Read More >>
Q&A: How Secure Are Open Source Systems?
(Late last year, security concerns about open source software grabbed headlines when the vulnerabilities about a Java library for logging error messages, known as “Log4j,” emerged and many software and systems vendors issued warnings and fixes. This library function was developed by the open source advocacy group, the Apache Software Foundation. There was great concern… Read More >>
Citi & Bloomberg Target ETFs & Other FinTech Briefs
Citi Integrates ACES With Bloomberg’s BSKT Citi and Bloomberg officials report that they have integrated Bloomberg’s service for negotiating fixed income baskets, known as BSKT, with a proprietary platform from Citi known as ACES (Citi Advanced ETF System). The integration is intended to provide better support for Citi’s exchange-traded funds (ETF) clients that use BSKT…. Read More >>
Time to Learn More About Open Source?
Financial services firms are using a lot of open source software but there may be a gap in their understanding of how to manage the “opportunities and potential challenges” of the open source movement, according to the Fintech Open Source Foundation, also known as FINOS. FINOS is an independent, nonprofit organization whose mission is to… Read More >>
Symphony Software Foundation Expands into FINOS
The Symphony Software Foundation is now the Fintech Open Source Foundation (FINOS), a development in response to an industry demand for an organization to support financial services via a wider variety of more collaborative, open source efforts. FINOS is slated to officially launch April 24 in New York City via Nasdaq’s headquarters. The Symphony Software… Read More >>
