Press Releases

Press Releases

FINOS Launches AI Fund to Amplify the Collective Voice of the Financial Services Industry and Accelerate Responsible Agentic AI Adoption

June 23, 2026

Founding premier members DTCC, Morgan Stanley, RBC and NatWest join forces to collectively invest in open source AI, to advance common governance, controls, specifications, reference implementations, and intra and inter-firm agentic workflows for financial services, helping the industry shape safer AI adoption, reduce fragmentation, and accelerate real-world implementation.

Major Banks, Cloud Providers, and Technology Leaders Announce Unified Open Source Fabric for Next-generation High-performance Computing (HPC) to Enable Faster Decisions and Breakthrough Efficiency

April 21, 2026

The FINOS community, including members Citi, Morgan Stanley, RBC, AWS, and Oracle, is advancing open HPC initiatives that deliver faster, smarter, more accessible, and drastically more efficient compute technologies for the financial services industry, through a unified, hybrid, and AI-ready fabric.

TD Joins FINOS as Platinum Member to Accelerate Open Orchestration and AI Governance in Financial Services

April 13, 2026

Rajesh Raman joins the FINOS Governing Board as the Bank’s membership investment underscores its commitment to innovation and applied AI leadership.

Fidelity Investments Upgrades FINOS Membership to Platinum, Reinforcing Its Strategic Commitment to Open Source Collaboration in Financial Services

February 11, 2026

Following its leadership in launching Fluxnova, Fidelity’s appointment to the FINOS Governing Board underscores the growing recognition of the ROI of open source for all market participants

Tetrate Expands FINOS AI Governance Framework to Cover Agentic AI Risks, Bolstering Enterprise Defenses Against Agent Hacking

October 22, 2025

New reference architecture and six new mitigations strengthen protection for AI agents beyond retrieval-based models

FINOS Launches Fluxnova with Fidelity Investments, NatWest Group, Deutsche Bank and Capital One - An Open Source Orchestration Platform to Scale Process Automation

October 21, 2025

Announced at the Open Source in Finance Forum (OSFF), Fluxnova empowers financial institutions to modernize their infrastructure, reduce vendor dependency, and build long-term industry resilience.

FINOS Welcomes New Governing Board Leadership and Global Industry Members to Accelerate Innovation Through Open Collaborations on Cloud Compliance, AI Governance, and Industry Interoperability

August 27, 2025

New members Accenture, Commonwealth Bank of Australia, EQTY Lab, FossID, Hitachi, Tetrate and Tokenovate reflect the growing demand for truly open, industry-wide, broadly supported software and standards across financial services.

Global Financial Institutions and Technology Leaders Collaborate Under FINOS to Launch Open Source Common Controls for AI Services

June 24, 2025

BMO, Citi, Microsoft, Morgan Stanley, RBC, Bank of America, Google Cloud, Red Hat, AWS and others join forces to set secure, standardized AI controls for financial services.

FINOS Welcomes Microsoft as First Cloud Provider to Join Governing Board, Deepening Cross-Industry Open Source Collaboration in Financial Services

June 04, 2025

Together with GitHub, Microsoft elevates its membership to Platinum to accelerate critical initiatives to foster compliant open source, cloud and AI adoption in financial services.

FINOS Surpasses 100 Members as it Unveils 2025 Vision to Drive AI, Cloud Interoperability, and Regulatory Innovation in Financial Services

January 31, 2025

FINOS caps a year of unprecedented growth by welcoming Ant Group, Thoughtworks, Artian AI, G-Research, Here™ (formerly OpenFin), JUXT, Kosli and Temporal.