State of Open Con 2025

Finance may not be the first industry that comes to mind when thinking about open source, but open source software is core to much of what we do. This session will look at the advantages and challenges of open source in finance, from the point of view of the developers who work with it every day. It will cover:
- How and where we use open source, What are some of the things we need to think about when choosing to use open source in a project.
- Encouraging an open source mentality in developing our own proprietary code. Open source is as much a mindset as it is software and we can bring that mindset to proprietary development.
- Examples of successful collaborations across the financial industry in developing open source solutions to industry problems. In particular the Open RegTech initiative that is bringing together finance companies, regulators, industry bodies and technology companies.
- Importance of organizations, in particular FINOS, the FinTech Open Source foundation, in fostering these collaborations.

Join this session to discover why and how Git Proxy, an open source data leakage prevention tool, hosted by FINOS, has become so popular. We’ll cover real-life examples of how it’s made developer’s lives easier, allowing them to get code out of their organisations quicker and more securely, and what has helped to grow the Git Proxy community of users and contributors.

GitProxy recently won the OpenUK Finance Award 2024. Find out how the award winning project could help your organisation!

Open source automation for audits, real-time compliance, and DORA readiness.

An introduction to Tazama, a project in the Linux Foundation that provides real-time transaction monitoring for fraud and money-laundering detection.
We will cover the origins and its roadmap
We will provide an overview on how it is enabling financial inclusion
We will introduce the standards body that will collect and publish standards for reporting, sharing and actioning information on Financial Crime.

In the fast-paced world of fintech, the pressure to deliver innovative solutions while controlling costs is relentless. Cloud-native architectures offer a path to agility and scalability, but the choice of database technology is critical. This talk explores how open source databases, optimized for cloud-native environments, can be the cornerstone of a cost-conscious and high-performing infrastructure.

Many financial institutions rely on open source databases like PostgreSQL, MySQL, and MongoDB. These databases offer in conjunction with Kubernetes and the broader CNCF ecosystem offer powerful tools to optimize resource utilization, automate database management, and significantly reduce operational costs. The next evolution of controlling costs when managing your data on Kubernetes is Percona Everest. Everest is an open source platform that empowers enterprises to streamline database operations across diverse environments, ensuring a seamless user experience without sacrificing features or falling prey to vendor lock-in - a perfect compliment to financial institutions need for scalable, cost effective and efficient solutions.