 How's everyone doing? Good? Excited? Good, good. For you to be as excited by the end of the day, but it's great to see you all back in person. I'm Gabriel Columbro, executive director of Finos, and I'm very excited to invite you to welcome you to the sixth open sourcing finance forum. Last year we were able to do our conference in the sort of two weeks between Delta and Omicron. This year I'm glad to see folks back in person, and we changed our venue. We thought we were a little bit too hipster the last couple of years, so we, you know, went back to a more serious Wall Street type scenario. But this is an exciting year for us, and I hope you're going to find it as well. We've been experiencing a lot of growth, not just Finos, but open sourcing financial services, and we really think we are at the cost of being able to build the new generation of financial applications on open source. So hopefully throughout the day you learn more about our projects. I see many new faces, many old faces, not old as in age, of course. So in case you were wondering, this is the sixth open source in finance forum. You're not seeing that double. We have renamed the conference earlier in the year in a reflection that partly that the strategy of open source is much more understood in finance, and so we don't really have to message as much strategy level, and really we are becoming the recognized umbrella for any open source project in financial services. And that's especially, I showed this slide for those of you who were in London earlier this year, especially interesting to see from where we started. You know, it's almost unbelievable looking five years ago when we were 30 known very diverse folks in a room, and even more amazing if you think that, you know, that's who was gonna, who was pitching this. I mean, I really have to do something about, you know, my appearance, and hopefully it looks a little better. But you know, it's about the substance. So look, today we are 66 members strong. We have over actually 50 projects in the last few days across really all financial services. I mean, this is a huge testament as to the value of what this community can bring to the table. I want to start with thanking our sponsors. We have today over 10 sponsors really making this possible. So a huge shout out to all of our open source and finance forum sponsors today. A couple of housekeeping notes before we get started. You can build your own schedule. We have five tracks. Help me out five or six. We have our project exposed. There's a lot of material you might want to pick and choose. And then help us make some noise. Engaging with us helps promoting the message and the visibility of all of, you know, our activities. And finally, take a look at the health and safety requirements and the events code of conduct. And with that, I want to welcome on stage our chair emeritus. Dov Katz is managing director of Morgan Stanley. He's been a force behind the foundation since the very beginning. Dov, can you give us a state of the community? Thanks, everyone. And thanks for joining us at the open source and finance forum or as I like to call it, FTC three con. Let's start off with some opening remarks. Good morning, everyone. And welcome to the open source. I'm not going to go for that. By the way, these are very credible remarks. And if you do use them, I could have just left. And it's pretty decent. So a lot to say about that in a different session, but really illustrating the power of open source this week. So from a bold vision five years ago and gab brought it up. I posted this in the summer, I think, cleaning up a desk and found the old pitch book that gab showed that lovely picture of himself presenting in the first conference to where we are today. It's clear that Phinos is the place for us in the industry to have as an ecosystem to collaborate. There is no question about it. So I want to give you a state of the community. Phinos is growing fast. The activity in open source and financial services is growing fast. And there doesn't seem to be a limit to the amount of collaboration that can take place, both within us as a group of companies in Phinos, but also in the broader Linux foundation ecosystem. So in a few minutes, gab is going to give more details. But I want to share with you a couple of pieces of information to highlight both the level of the community growth that we've had, the high state of the community, and also the testament that this is really providing value to our organizations. So this year, we want to start with our members. So this year, we've had our record number of members join the foundation. And it's not so much the number of members that joined. It is the diversity of the different types of members. We've got members in the sell side, the buy side, we have technology providers, we have payment processors, we have regulation technology related companies. And this is a true testament to the breadth of different opportunities available for us to collaborate in the industry. And the list goes on. And this is not a complete list as well of what's in the pipeline. Some may close in the next week or two, so I'll let Gavin announce those as they happen. And now let's move on to, while members are great, activity is what drives the value. And so we'll talk a little bit about contribution, and then we'll talk about consumption as well, adoption. So contribution, we've seen massive growth. You'll see in some of the presentations why I was kind of joking about this being FTC3Con. There's a lot going on here. But right now, contributor strength is very high. You need amount of contribution from financial services, still needs, then total contribution with the top plan for traders on banks. And that's very impactful because it's showing this is not just people that are trying to push products to us. This is a bunch of most of the existing value organizations sharing and contributing to China. And we also had a bunch of advisors trying to talk about that as well. But as much of those contributions are cool, but we can all brag about them and share with our technology community, it's the adoption of the least efforts. And now we're talking about using these blocks to create a lot of value. A couple of interesting ones here is mentioned, perspective, jib and orient has a web assembly, high performance, the utilization library, massive growth, this year and since its inception when 30 years old. And we also had FTC3, which we heard about a lot today as well. A lot of world will be able to use standard and be released, all that we're all talking about in more detail, but it is another huge example of a major value provided. And I know we've done this, one of the key drivers is the hand-to-hand bi-site and cell-site, new projects, a lot of them, and this is mostly what we're 11 projects, the list road, we have that. And similar to the membership, this is not just about members, this is also about the variety of projects that join. We have projects focusing on some of our four fingers like FTC3, and we have similar ones with data visualization, but we also have new space, especially really wrong, a great kind of space. First of all, I'm not a single outboard extended, we just pleased that he would weigh the coverage ratio, which is the first could fully function on the presentation, you have the coverage ratio, you see it from the LCR, you see it from the heat finish technology involvement source, and that's a collaboration of the business problem with CRT. And then we also want to talk about can you get out of the other new projects coming out that like the legend, a lot of them, the system, are here about that, kind of moving on. And it's really exciting, new area where we're really seeing how they can take over the grades that that's going to feed the CRT to them. So talking about seeing how we're going to hear from the industry bodies, that they're coming out to give keynotes as well from each of them is, is a nice, but this is a very big deal for us. So the first time we have three industry groups getting together, three in a dream to collaborate in the side of a new source point of view. They are seeing the value in developer first way, it's about the box, a lot of things to solve, standardize and become a great model and they are using, so there's two elements of that. One, that they're taking the open source punch and that is the opinion of itself, they lost them to any trace of issues. And the other is that their first call after assigning it over, we've been in each other's library, was the thing of the same game. This is the place to go to the neutral repository that's allowed for the most library. And that validates those across the source. So it's really exciting to show my conviction. We've got a lot of people here, I think it was a regular tournament, I was looking at numbers right before. I think it would be possible to use the record turnout, record registration, since we started this. But more than that, it's being programed. A lot of people are going to have a very important site where they go. The content today is unlike any of the conferences I've ever been to, but I think it was an issue in the past. So I encourage you to split up, take notes, figure out what you can do for people's lock-up and all of them. I'm really excited about it. Hang it over to beyond the Toronto content just in case. Thank you so much. Thank you to all of us. We're really excited. So we had a couple of exciting announcements, and I'm going to share with you what's going on. Looking forward, we'll wait. It's going to be three years now. And the time might be as we just get it started. Because the reality is not just the game of it. It's kind of being grown fast. Maybe the movement will go away. So it's financial services. We went out the five years ago. We had a different conversation. It's not in terms of the size of the problem and the breadth of the project. You wouldn't get a resource in money. You wouldn't get a major cover if you weren't, we was living tonight in the finance class. You can't have recordators from the world. And you can't have institutions to engage in our business. So this is not just that kind of thing. So some of you might remember last year, we launched our first state of open source and financial services 30. We are divided. Today we announced the second state of open source and financial services 30. And you might wonder, so what's the year? It's the same announcement that we last year. But the premise that thanks to all of our partners at the Javons Foundation research, we now have year-to-year, we have a competitive information. And the finance are really interesting. As I said, this is not about finance, but a catalyst for what's in the industry, but we are seeing across the board financial solutions allowing an inquiry that develops more on it to consume, but finally to contribute to what we're still seeing. And this really matches with the qualitative information that we gathered this year. I can count already over 20 financial institutions who have rolled out an open source program office this year. And I'm not going to spoil the whole panel that follows me with this survey, with talking about the survey, but the reality is that when you have an Ospo, you're much more likely to get value and to be able to engage in open source safely and efficiently. This is one of my favorite ones. Again, sorry for stealing the next panel thunder, but commits are growing across the board. This is not just in finance. This is, again, globally, we work with our Platinum Member GitHub to pull out these numbers. This type of growth is only the beginning because the firms, again, across the whole value chain are seeing value in open source. And one of the values that they're seeing and they think they should engage in open source more for is improving security. I'm sure it's not lost on you that we lived in a post-Log4Shell era. Many of you have dealt with it throughout the year. We have a really interesting session today from the Sonotype CTO's Brian Fox, which is an authority in this field. And I actually want to say something. I think this industry has stepped up when it comes to responding to Log4J in two major ways. 97% of financial institutions fixed the Log4J three days after the patch was released. And that talks to the consumption side of the house. You need to have professional consumption in place. This is one of the industries that have the highest risk involved. But on the other side, we have seen institutions engaging not only in finance, but upstream in projects like the Open Source Security Foundation, really starting to understand that it takes a village to secure our open source supply chain. This is something that will continue investing as finals and I encourage you to do the same as members. Last spoiler here, as I said, ultimately, this growth is driven by a much higher perceived value even in the last 12 months. And again, much of this is related to having a structured internal organization like an OSPO that helps directing traffic and helps bubbling up the value at the executive and strategy level. What kind of value? I want to be clear here. We have learned as a vertical foundation that Open Source doesn't deliver value just, and I don't mean as a limitation here, a technology in IT value, your typical cost savings, developer and talent development, vendor lock-in prevention. I think we're all familiar with those beautiful side effects of Open Source. But we are seeing value being delivered across the whole value chain and this is going to be a theme that I hope comes very clear today. We have our project exposed, again another spoiler, to really show you how our projects are used in production in improving time to market, in directly connecting market counterparts, in improving your regulatory efficiency, your regulatory implementations. And of course, as Dov hinted to, being a neutral place for intellectual property that this intermediates either of you and creates a true commons that we can all invest in. But it all starts with maturity, I hinted to that. The value and the ROI that you can get out of Open Source is wildly dependent on your internal maturity. There's certainly things that you can do by consuming and evaluating, but really the full value is unleashed when you're able to contribute. So today, to my second announcement, we're happy to announce that we are rolling out an Open Source maturity model that was built in collaboration with our Gold member, Wipro, that really helps you assess your organization's organizational maturity when it comes to Open Source across many different dimensions, from strategy to management to consumption. It is a survey, it's online, it's free. We would like to start building not only a base that can help your organization grow, meaning not only will assess where you are, but also recommend how can you move forward, but really a better picture of where the industry is as far as maturity goes. So you got the QR code there, you can point to it, take the survey right now. I want to switch gears here and I'm definitely going long, so let me switch to a fast gear. The trend that I'm seeing this year is that finally we're seeing FinTechs waking up to this idea of commercial open source or using open source as part of the go-to-market and business model. The article on the left is from Andriessen Horowitz. If you haven't read it, I suggest you take a look. I'm glad they're finally aligned to the message. But really this is an important element because we need their participation and even their commercialization of our open source projects to really create the virtuous cycle. We start from project, we have commercial entities commercializing it and largely if they're based on our projects, they will likely reinvest in growing our community, whether it's by developer time or contributions. Look, don't get me wrong, there are some examples of companies that are starting this way. I personally am involved in a few of them and it's exciting. I think there's a huge potential to really start creating building blocks that are not just available in the open but they provide professional support. And on this, I think one of the main factors though that I want you to be aware is the concept of open washing. How many of you know the word open washing? Yeah, not that many. So I keep seeing in the industry a conflation of the word open. There's open banking, open finance, they're very appropriate users of that word, don't get me wrong. But I continue to see the word open source being overloaded in a way that really has nothing to do with open source. And I think one of the roles of the foundation that we can play is making sure that for you as consumers, we are a trusted entity where you know that if something is in finesse, is truly open source, is an under open source license, is developed under an open governance, which brings me to my next presenter, which is our senior technical architect Rob Moffat, who's actually going to talk what we are doing in such a mature standard like FDC3 and what roles foundation can play for you. Welcome Rob. Hi everyone. So yes, it's really exciting here to be stood here in New York and to tell you I've got two interesting pieces of news on FDC3. So I'm going to give you a quick recap, but it sounds like pretty much everyone knows what this is. FDC3 is a standard for desktop interop. So if you're a trader, you might have a whole bunch of apps. You want all those apps to work together. So you can say show me a graph of this stock and move from one app to another. And this is what FDC3 solves. So this slide here shows the basic parts. We've got the spec on the left. And in London, we announced the new version of the FDC3 spec, which is 2.0. So we have two versions of that. We have various vendors providing desktop agents, which kind of acts as the postman between all the different apps that I've talked about. And there are various vendors. And we also have FDC3 sale now, which is a Finos project, which is an open source desktop agent. And we have app directories as well in the apps and an app directory being like a collection of apps that you're going to use. So there's a lot of bits of the puzzle here. There's a lot going on. And one of the problems that people have is how do you keep these things in line? How do you know that everyone's going to build stuff that works across this suite? And so as a user, you want to know that if you're using an app, it's going to work in your desktop agent. Or if you're an app writer, you want to know that it's going to work on all the different desktop agents. And again, we've got different versions of the spec. Do you know you're going to work on the different versions of the spec? So how do we solve this problem? How do we align all these together? And so we've been working hard on the FDC3, 1.2 and 2.0 desktop agent conformance programs. We announced them in the summer. And today, I'm really pleased to say that five months later, we actually have the first 1.2 conforming desktop agents. And we're going to announce those later on today in the awards part of the program. But the way this works is that effectively, the conformance program is a suite of apps that talk to each other and exercise that whole part of the stack. So yes, we're also very close to having 2.0 conformance testing working. We'll be looking at that at the start of 2023. So the second bit of news I want to talk about is the Finos FDC3 app directory. So this is something, as I said on the previous side, there's lots of different app directories out there. Every different installation of FDC3 is a different directory. And what we wanted to do is provide a common one, a place where people can start. And to fill this gap, we've created directory.fdc3.finos.org. And this is kind of a seed, if you like. We want to try and get a collection of apps together, put them in the open and allow people to use them. So at the moment, we have chart IQ, symphony, nextJ, connectify, adaptable, and obviously the FDC3 conformance framework. We've got all of those in the Finos app store. So yeah, check it out. You can have a writer PR if you have an app you want to add. We're hoping that this will act as a seed and people will start to contribute apps maybe from behind their firewalls. We'll get some apps from some of the big FDC3 users out there. And yes, if you want to see this in action, just to plug a talk today, Nick Colbert and Seb Mbarek will be doing a presentation of the Finos FDC3 sale desktop agent later on today at 3.15. And that actually uses the Finos app directory to provide all its apps. So it all joins together. So yeah, please come along to that. And yes, I think that's basically it. Those two things, directory and conformance. Thank you very much. Back to you, Gab. Thank you, Rob. Yeah, so you got to stick together, stick with us until the end of the day to know who is actually certified, suspense. And so before I wrap with 15 seconds left, I, what's on the horizon? What are we looking forward to? Besides continuing investing on you know, supply chain security and providing the highest standards of security and compliance to our projects, we are not oblivious to the fact that we want to produce financial services grade open source. I think there's a lot for us to do. First of all, we continue to expand globally. You've seen our logos. We think there's a huge potential for open source to build bridges not only within the United States, but of course across the different regions. I recently have taken a second role as the general manager of Linux Foundation Europe. So if you are interested in collaborating across the Atlantic, this is a really great place to do so. I talked about the importance of creating a commercial ecosystem or fostering an open source, open core, SaaS services, whatever business model you have that is based on open source because this is going to drastically accelerate our growth and the support that many of organizations that are maybe not ready just yet to consume open source directly can interact. This is a huge opportunity for all of you here, whether you are a services company, a vendor company, a finter company, there's a first move advantage here. This is just the beginning. And then finally, we'll hear it more later in the day, but we're starting to really onboard projects that can make a drastic change. As I said, not only at IT level, but truly as to how this industry, the very functioning of this industry. Last year we announced an open digital currency initiative that we'll be following up on this year. Of course, the CDM onboarding, that is something that touches across the board. And again, with my Linux Foundation hat on, we're seeing even collaborations that are across industries. The Open Wallet Foundation is bringing together not only finance, but automotive, healthcare. This is the convening power that we can put at your disposal within us and the Linux Foundation. So I think it's going to be exciting, but it's going to be depending on you and your contributions. So as we look to today, there's something for everyone. I'm actually very excited that this year we have an OpenJS in finance track with some amazing speakers from our sister foundation, OpenJS. We have FDC3con and so many other great, you know, hopefully inputs for your 2023. We have a round table for our Ospo folks. Talk to James McCloud, the director of community, if you'd like to be involved. Stick around for the award and for the closing reception. And yes, we do have an after party. And I know some of you have received some unofficial invitation. This is the one and only finance after party. So make sure that you stick around or that you register to actually show up. As I wrap, full three minutes late, this is the slide that I showed in London two months ago, three months ago, July I guess. It all starts from you. But it struck me that it's not just about you sharing your opinions today and you sharing where do you want this community to go. But OpenSource gives you a way to actually turn those opinions into actions. Raise an issue. Raise a pull request. Even if it's not code, your input in terms of use cases and strategies and areas that are a priority for you next year will greatly help to focus our direction and, you know, in turn deliver more value back to you. So thank you so much. I hope you'll have a great time today and let me bring in the next speakers. Thank you.