[FINOS Community] New Project Announcement: AI Governance Framework now Open Source in FINOS

['Colin Eberhardt (He/Him)' via FINOS Announcements]

Dear FINOS Community,

 

I am excited to announce that the AI Governance Framework was successfully contributed to FINOS and hosted at https://github.com/finos/ai-governance-framework - you can see a published version of the framework here: https://air-governance-framework.finos.org/

The governance framework started life as a project within the AI Readiness SIG (https://github.com/finos/ai-readiness), but has subsequently spun out as a separate project, allowing us to wrap the appropriate (open source) governance around it.

 

Our goal is to mutually develop a governance framework that manages the on-boarding, development of, and running AI-based solutions within financial services organisations - allowing us all to unlock the potential of this disruptive technology in a safe, trustworthy and compliant way.

For further context, I'd recommend Luca's recent blog post (https://www.finos.org/blog/building-an-ai-governance-framework-key-takeaways-from-the-nyc-workshop), which highlights some of our recent workshops where we have heard more about the broader industry challenges, as well as refined the framework through working sessions.

Our immediate goal is a v1 release of this framework for OSSF London (24th June). I personally hope to see you all there.

Thank you on behalf of the AI Governance Project Maintainers:

Colin Eberhardt - Scott Logic @ColinEberhardt (https://github.com/ColinEberhardt) Lead Maintainer

Vicente Herrera Garcia - ControlPlane @vicenteherrera (https://github.com/vicenteherrera)

Alvin Shih - Morgan Stanley - @alvin-c-shih (https://github.com/alvin-c-shih)

Chamindra de Silva - Citi @chamindra (https://github.com/chamindra)

Asad Ateeque – NatWest @aateeque (https://github.com/aateeque)

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[Gabriele Columbro]

So great to see this progress so fast! In less than a year we have seen so much progress and I personally look forward to OSFF and the 1.0.

I really believe that between Common Cloud Controls and AI Governance Framework, both accelerating their pace, our contributors have hit a real need for the industry. 

By shifting left the collaboration between financial institutions and technology / AI vendors / CSPs to build truly open, machine readable common controls we can dramatically simplify adoption and compliance in what effectively is a shared responsibility model. IMHO it's a natural win-win-win, for FSIs, for vendors, for regulators.

Case in point, many of you would have seen the Open Letter from Pat Opet, CISO of JPMC: when I saw it, I really felt emboldened we're onto something very big here as we are providing a concrete path to solve these issues at systemic (rather than point to point) level and as a result raise the security posture of the industry at large.

Thanks to the maintainers and all the contributors for all the momentum here!

Gab

 

Gabriele Columbro | Executive Director | FINOS

📱 +1 (404) 432-7652 | 🕊 @mindthegabz

   

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On Tue, May 27, 2025 at 10:03 AM 'Colin Eberhardt (He/Him)' via FINOS Announcements <anno...@finos.org> wrote:

Dear FINOS Community,

 

I am excited to announce that the AI Governance Framework was successfully contributed to FINOS and hosted at https://github.com/finos/ai-governance-framework - you can see a published version of the framework here: https://air-governance-framework.finos.org/

The governance framework started life as a project within the AI Readiness SIG (https://github.com/finos/ai-readiness), but has subsequently spun out as a separate project, allowing us to wrap the appropriate (open source) governance around it.

 

Our goal is to mutually develop a governance framework that manages the on-boarding, development of, and running AI-based solutions within financial services organisations - allowing us all to unlock the potential of this disruptive technology in a safe, trustworthy and compliant way.

For further context, I'd recommend Luca's recent blog post (https://www.finos.org/blog/building-an-ai-governance-framework-key-takeaways-from-the-nyc-workshop), which highlights some of our recent workshops where we have heard more about the broader industry challenges, as well as refined the framework through working sessions.

Our immediate goal is a v1 release of this framework for OSSF London (24th June). I personally hope to see you all there.

Thank you on behalf of the AI Governance Project Maintainers:

Colin Eberhardt - Scott Logic @ColinEberhardt (https://github.com/ColinEberhardt) Lead Maintainer

Vicente Herrera Garcia - ControlPlane @vicenteherrera (https://github.com/vicenteherrera)

Alvin Shih - Morgan Stanley - @alvin-c-shih (https://github.com/alvin-c-shih)

Chamindra de Silva - Citi @chamindra (https://github.com/chamindra)

Asad Ateeque – NatWest @aateeque (https://github.com/aateeque)

The contents of this email and any attachments are intended solely for the addressee and may contain confidential or legally privileged information. If you have received this message in error, please send it back to us, and immediately and permanently delete it. The information may not be used or disclosed except for the purpose for which it has been sent.

Email is susceptible to data corruption, interception, unauthorised amendment, viruses, and unforeseen delays. Although Scott Logic Limited has taken reasonable precautions to avoid these situations, it cannot accept responsibility for any loss or damage sustained as a result of any of these actions and the recipient must ensure that the email (and attachments) are virus-free.

Please note, that we do not accept notification of changes to bank account details by email. This applies to notifications from or to us.

Scott Logic Limited is a limited company registered in England and Wales with registration number 05377430. Registered office address: 6th Floor, The Lumen, St James Boulevard, Newcastle Helix, Newcastle upon Tyne, NE4 5BZ . Our VAT number is 866 1051 30.