NEWS: Announcing the FINOS AI Fund & Governing Board - Help us Amplify!
Gabriele Columbro
Dear Community, (FINOS Board, FINOS AI Fund Governing Board Technical Oversight Committee bcc),
I am extremely excited to finally unveil today the launch of the FINOS AI Fund and Governing Board, an extension of our Governing Board designed to support our entire AI Strategic Initiative and its projects, consequently fostering responsible AI adoption in financial services through open source collaboration. A huge thank you to DTCC, Natwest, Morgan Stanley and RBC for showing their leadership as Founding Members.
The press release is available here: https://www.finos.org/press/finos-launches-ai-fund
The FINOS AI Fund page is here: https://ai.finos.org/ai-fund/
This is an important milestone for FINOS and for the broader financial services ecosystem. The Fund allows for dedicated AI investments and gives us a mechanism to prioritize shared industry use cases we should focus on, and turn responsible AI from principles into practical, reusable implementation patterns. Though it has a dedicated Governing Board composed of AI FSI Leaders, it provides a unique vehicle for the industry to have a consolidated voice toward all constituencies, whether they are technology vendors, upstream projects or regulators.
The opportunity in front of us is both strategic and technical. As Agentic AI moves from experimentation into production, financial institutions need common foundations for governance, controls, interoperability, observability, and regulatory alignment. The FINOS AI Fund intends to help focus community energy around two pillars:
- Governance-as-Code shared building blocks, like AI Governance Framework, Common Cloud Controls, CALM, Fluxnova, and bringing them to an end to end conformance and assurance pipeline
- Agentic specifications and extensions for this industry, created by this industry.
Call to Action
I would like to ask for your help in giving this launch visibility and, more importantly, converting that visibility into contribution. Please consider doing three things:
Share and amplify the announcement (LinkedIn, Press Release) across your internal and external channels, especially with AI, risk, compliance, engineering, architecture, and open source teams.
Bring concrete use cases and requirements to the FINOS AI Governing Board, particularly around agentic workflows, governance-as-code, runtime controls, model and agent oversight, third-party/vendor AI onboarding, and regulated AI deployment patterns. Raise a PR new use case for prioritization here or reach out to our team (+Olivier Poupeney, +Luca Borella and +Karl Moll)
Encourage contributors to get involved — whether through working groups, specifications, reference implementations, documentation, controls mapping, testing, or implementation feedback. Our brand new AI website has a great collection of learning resources and entry points to get started.
This is exactly the kind of pre-competitive collaboration FINOS was created to support: solving common industry challenges once, in the open, with the right governance and with the right financial services expertise at the table.
Thank you to everyone who has helped bring this initiative to life, and thank you in advance for helping us make it visible, useful, and impactful.
Gab
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