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 >>
Is Wall Street Ready for Open Source Software?
Open source software and the open collaboration practices that it engenders are quietly gaining ground among software vendors, securities firms and maybe across Wall Street. One of the biggest proponents of OSS movement, the Symphony Software Foundation, based in Palo Alto, Calif., has been consistently pulling market participants into its camp. Known for its support… Read More >>
Barclays Signs Up for DTCC’s New Liquidity Data Service
New Offering from DTCC Data Products DTCC Data Products, a centralized data provisioning service supporting DTCC’s offerings, is launching the Liquidity Coverage Ratio (LCR) Data Service, which has gotten the thumb’s up from Barclays Bank, officials say. The new LCR Data Service has been designed to “help firms manage their buffer requirements for liquidity facilities”… Read More >>
