Open Source Drives Innovation in Financial Services
The strategic use of open source software can enable a financial services organization to use up to 60-80% open source software in their enterprise and mobility applications so they can do more and develop less. Yet according to Gartner, the average enterprise today uses only 29% open source code. When a financial services organization is able to put strategy, process and automation around finding, assessing, managing and scaling open source software reuse, it can revolutionize software development and increase innovation, flexibility and efficiency to gain a marketplace advantage.
. In this paper, you will:
- Identify the potential challenges of OSS usage, including application security and legal exposure
- Review the competitive advantages for OSS in financial services
- Learn how to develop strategies, policies and processes for effective OSS management
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