Focus is On FDC3 and Open Source Readiness
NEW YORK CITY (Nov. 1, 2023) – Fintech Open Source Foundation (FINOS) along with Linux Foundation Training & Certification have announced two new financial services industry focused certifications and two new training courses.
For FDC3, the Financial Desktop interoperability standard:
- FINOS Certified FDC3 Practitioner (FCFP): demonstrates understanding of the key design considerations and rationale of the FDC3 standards.
- Developing Solutions with FDC3 (LFD237): a training course teaching the application of FDC3 standards to build and publish FDC3-enabled applications.
For Open Source Readiness, FINOS’ initiative to improve adoption of open source in the financial services industry:
- FINOS Financial Services Certified Open Source Developer Certification (FSOSD): a certification demonstrating understanding of the key concepts underpinning open source consumption and contribution within the financial industry.
- Open Source Contribution in Finance (LFD137): teaches the risks of contributing to open source software in the finance industry and the procedures for doing so safely.
“The financial industry is heavily reliant on open source technologies. These new courses and certifications will help IT professionals build and grow their financial IT skill portfolios and open new career paths,” said Clyde Seepersad, SVP, General Manager, Training & Certification, Linux Foundation.
“FSOSD and LFD137 represent a step-change in the level of formalism around open source engagement within the financial services industry. We hope that over the coming months and years the industry will embrace this course and exam and use them to help demonstrate that source contribution can be done responsibly and safely within financial services. Open source can and should be part of the regular day-to-day work of financial services developers around the world,” said Rob Moffat, Senior Technical Architect, FINOS.
The Financial Desktop Connectivity and Collaboration Consortium (FDC3) standards are created and used by leading organizations across the financial industry. FDC3 enhances interoperability between different applications and systems used in financial workflows. By adhering to FDC3 standards, financial professionals can seamlessly share data, launch applications, and collaborate in real-time, ultimately streamlining their workflows and improving overall productivity in the industry.
FINOS Certified FDC3 Practitioner (FCFP)
The FCFP certification demonstrates understanding and command of the FDC3 standard to colleagues, leaders and prospective employers. Designed for technical business analysts, software developers and FDC3 implementers in the finance, insurance, banking and investment industries, the FCFP demonstrates the ability to deploy FDC3 concepts in real-world use cases.
Developing Solutions with FDC3 (LFD237)
Designed specifically for developers, this course prepares IT professionals to develop applications that leverage FDC3 standards, the competency to build and publish FDC3-enabled applications and the ability to define their own custom contextual objects and intents.
FINOS Financial Services Certified Open Source Developer (FSOSD)
Developers passing the FSOSD certification will have demonstrated an understanding of the key concepts underpinning open source consumption and contribution, including licensing, ethics, community collaboration and open source tooling in the financial industry. They will understand the regulatory framework within financial services and how this intersects with open source in areas such as communication policy, data protection and intellectual property law.
Open Source Contribution in Finance (LFD137)
Designed specifically for developers, this course teaches social media rules, publishing norms, component integration, security and bank regulations for seamless open source contributions enabling developers to contribute to strategic open source projects in the finance industry.
Those who successfully complete a certification exam or course receive a certificate of completion as well as a digital badge. Course participants also have access to discussion forums where they can interact with experts in the field as well as fellow course participants.
Both courses are currently open for enrollment at training.linuxfoundation.org. The two certifications are currently in beta testing, interested IT professionals can sign up to be notified when the certification exams are generally available by visiting FSOSD or FCFP.
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J Scott Punk
About The Linux Foundation
The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world’s infrastructure including Linux, Kubernetes, Node.js, ONAP, PyTorch, RISC-V, SPDX, OpenChain, and more. The Linux Foundation focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org. The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.
FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster adoption of open source, open standards and collaborative software development practices in financial services. It is the center for open source developers and the financial services industry to build new technology projects that have a lasting impact on business operations. As a regulatory compliant platform, the foundation enables developers from these competing organizations to collaborate on projects with a strong propensity for mutualization. It has enabled codebase contributions from both the buy- and sell-side firms and counts over 75 major financial institutions, fintechs and technology consultancies as part of its membership. FINOS is also part of the Linux Foundation, the largest shared technology organization in the world. Get involved and join FINOS as a Member. To stay up to date on FINOS news, events, podcasts, blogs, and more, sign up here.