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Goldman Sachs Open Sources its Data Modeling Platform through FINOS

Goldman Sachs Open Sources its Data Modeling Platform through FINOS

New YorkOctober 19, 2020—The Fintech Open Source Foundation (“FINOS”), together with platinum member Goldman Sachs (NYSE: GS), today announced the launch of Legend, Goldman’s flagship data management and data governance platform. Developed internally and used by both engineers and non-engineers alike across all divisions of the bank, the source code for five of the platforms’ modules have today been made available as open source within FINOS.

“We are extremely pleased to collaborate with FINOS and Goldman Sachs to further promote the development of industry standards, such as the ISDA CDM, which has stood the test of working across platforms,” said Leo Labeis, CEO, REGnosys.

Open Sourced Codebase Contribution Addresses Data Efficiency and Governance Challenges in the Financial Services Industry.

Read the full press release here.