Terry Thorsen | OS Software Gives Commercial Vendors Power to Protect Niche Interests | FINOS OSSF
Channel: FINOS
Date: 2021-01-07

Terry Thorsen  | Cosaic | How Open Source Software Gives Commercial Vendors the Power to Protect Niche Interests | FINOS OSSF 2019

Terry Thorsen, Co-Founder & CTO, Cosaic

Major open source projects that we all depend upon, like Chromium and Electron, are managed by a small set of individuals who work for west coast technology firms. As big as the multinational banks are, their technology departments don't have the bandwidth or focus to ensure that their interests will be considered as those projecte evolve. Vendors like us—though small—represent the entire finance industry, and because of our focus have the ability to stay tuned in with those projects.

As such, we can ensure that the needs of our constituents are considered in the evolution of those open source projects. This talk discusses this relationship and what it means when small commercial vendors have the power of influence in fintech open-source projects.

Terry Thorsen's BIO

Terry Thorsen is the co-founder and CTO of ChartIQ, a provider of financial charting and desktop interoperability applications. In 1994, Terry wrote the first online trading system which later became Ameritrade. He then went on to found Automated Financial Systems, a provider of financial software to banks and brokerages. Terry has held senior management positions at SunGard and Brokat AG. Terry was a presenter at the October 2017 FinJS conference in NYC, where he discussed building multi-window HTML5 applications.

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This video is from the FINOS Open Source Strategy Forum (OSSF) NYC 2019. 

►►For free access to all 2019 videos from the conference - visit our website here: https://www.finos.org/ossf-2019-recap
 
►► More information HERE: https://events.linuxfoundation.org/open-source-strategy-forum/

Learn more about FINOS and how we deliver the power of open source to financial services:
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