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Blog posts tagged
"financial-services"

Kris Sharma
29 September 2023

Digital innovation in finance – the open source imperative

Financial Services Article

Digital innovation is transforming finance. Advances in financial technology such as mobile money, peer-to-peer (P2P) or marketplace lending, robo advice, and insurance technology (InsurTech) are reshaping many areas –  from payments to wealth management. Over the past decade, fintechs have already driven enhanced access to financial serv ...

Kris Sharma
23 August 2023

Machine learning in finance: history, technologies and outlook

Financial Services Article

In its analysis of over 1,400 use cases from “Eye on Innovation” in Financial Services Awards, Gartner found that machine learning (ML) is the top technology used to empower innovations at financial services firms, with operational efficiency and cost optimisation as key intended business outcomes.  ML is a branch of artificial intelligen ...

Kris Sharma
1 May 2023

Accelerating the adoption of AI in banking with MLOps

Financial Services Article

There is rapid adoption of artificial intelligence (AI) and machine learning (ML) in the finance sector. AI in banking is reshaping client experiences, including communication with financial service providers (for example, chat bots). Banks are exploring ways to use AI/ML to handle the high volume of loan applications and to improve their ...

Kris Sharma
7 February 2023

Secure open source MLOps for AI/ML applications in financial services

Financial Services Article

The adoption of AI/ML in financial services is increasing as companies seek to drive more robust, data-driven decision processes as part of their digital transformation journey. For global banking, McKinsey estimates that AI technologies could potentially deliver up to $1 trillion of additional value each year. But productionising machine ...

Canonical
5 December 2022

Join Canonical and the financial services open-source community at OSSF NY

Financial Services Article

OSFF is a global conference hosted by the Linux Foundation FINOS that brings together experts across financial services, technology, and open source to engage in stimulating and thought-provoking conversations about leveraging secure open source to solve financial services industry challenges. This event showcases recent developments and ...

Kris Sharma
21 February 2022

Open source Machine Learning toolkit for financial services

Financial Services Article

The financial services sector is adopting Artificial Intelligence technologies at a growing rate. Areas such as asset management, algorithmic trading, credit underwriting, blockchain based finance solutions, fraud detection and claims processing have all seen increased adoption of Machine Learning to drive more robust data-driven decision ...

Kris Sharma
20 October 2021

Finserv open source security

Financial Services Article

The fintech ecosystem is flourishing and exciting things are happening these days at the intersection of digital technology and financial services – thanks in part to an infusion of global fintech investment that reached US$98 billion across 2,456 deals in H1’21. This far outpaces last year’s annual total of $121.5 billion across 3,520 de ...

jiashiuan
27 September 2021

Meet Canonical at Open Source Strategy Forum on 5th October in London

Canonical announcements Article

What is Open Source Strategy Forum? The Open Source Strategy Forum (OSSF) is a one-day conference for experts across financial services, technology and open source to deepen collaboration and drive innovation in the financial services industry. This year, Open Source Strategy Forum is live and in-person in London organised by the Linux Fo ...

Kris Sharma
9 August 2021

Open source in Banking – Building the bank of the future, today

Financial Services Article

Banking is at a pivotal moment. New regulations like virtual banking licensing frameworks, advances in open banking and big techs rapidly gaining ground in financial services, are dramatically changing the banking landscape, forcing incumbents to reinvent themselves. To be successful, the bank of the future will need to embrace emerging t ...

Kris Sharma
6 July 2021

Finserv open source infrastructure powers digital transformation

Financial Services Article

Covid-19 pandemic has presented unprecedented challenges and opportunities for financial institutions to embrace digital transformation initiatives at pace and scale.  Finservs are enhancing their purview of digital transformation initiatives to stay relevant and create a technology foundation that enables them to quickly bounce back from ...

Leia Ruffini
27 April 2021

Ubuntu in the wild – 27th of April 2021

Ubuntu Article

The Ubuntu in the wild blog post ropes in the latest highlights about Ubuntu and Canonical around the world on a bi-weekly basis. ...

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