Chainguard, the trusted source for open source, today announced it has joined the Fintech Open Source Foundation (FINOS), the financial services vertical of the Linux Foundation, as a Gold Member. Through its membership, Chainguard will collaborate with the community to address industry-wide challenges and advance secure, standardized, and scalable open source innovation across the global financial sector.
AI is accelerating software risk across financial services
Open source software underpins much of the financial services industry, powering everything from trading systems and digital banking platforms to AI infrastructure. As AI reshapes open source and accelerates software development, it is also increasing the volume of code and vulnerabilities entering production environments. At the same time, AI systems like Mythos can now identify and exploit vulnerabilities faster than organizations can patch them, while threat actors increasingly use AI to compress attack timelines and scale exploitation efforts. For highly regulated financial institutions, securing the software supply chain has become foundational to operational resilience.
“Open source is the foundation of both modern software and AI-driven development. As AI accelerates how code is written, financial institutions cannot afford to build on software they can’t trust,” said Dan Lorenc, CEO and Co-founder, Chainguard. “FINOS brings the industry together to solve this challenge collaboratively, and we’re excited to help establish secure, trusted foundations that allow developers and AI agents to build safely at scale. The future of software development will be AI-native, which requires it to be secure by default.”
“Financial services is entering a new era where AI, open source, and cloud-native infrastructure are fundamentally reshaping how the industry builds and operates software,” said Gabriele Columbro, Executive Director, FINOS. “In such a highly interconnected industry, no single institution can solve the resulting security, governance, and resilience challenges alone. We’re excited to welcome Chainguard’s deep software supply chain expertise to the FINOS community to help translate industry-wide principles into practical, production-ready open source projects and standards that firms can implement at scale.”
Deep commitment to the open source community
Chainguard’s participation in FINOS reflects the company’s broader commitment to strengthening the open source ecosystem. Chainguard builds and maintains an open toolchain for secure software delivery, contributes upstream fixes, and leads critical projects across the cloud-native ecosystem. Chainguard team members actively maintain and contribute to more than 100 widely used open source projects, including Kubernetes, Sigstore, SLSA, Tekton, and Knative. EmeritOSS, a program Chainguard launched last year, offers safe, predictable maintenance for mature open source projects that have reached stability. Chainguard also recently introduced DriftlessAF, an open source agentic framework focused on helping organizations reduce operational drift and improve software delivery consistency in modern infrastructure environments.
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