To learn more, check out our new LinkedIn page at http://linkedin.com/company/finosfoundation.
Formerly the Symphony Software Foundation, FINOS is an independent nonprofit organization focused on promoting open innovation during a period of unprecedented technological transformation within financial services.
FINOS believes that organizations that embrace open source software development and common standards will be best positioned to capture the growth opportunities presented by this transformation.
The foundation offers an Open Developer Platform (ODP), a compliant Open Source Readiness Program and The Open Source Strategy Forum (OSSF), the leading global event for financial executives and technologists dedicated to open innovation.
Foundation OSS Projects are Apache 2.0 licensed and available on GitHub.
Join the Community today at https://www.finos.org and follow us at http://twitter.com/finosfoundation
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Pros: The biggest upside is the direct impact you can have on open-source projects used in the finance industry. The community is collaborative and welcomes new ideas, making it a great place to learn and build your skills. Leadership is generally supportive of community initiatives, and there's a decent level of flexibility in how and when you contribute, fitting well with other commitments.
Cons: Compensation for direct contributors can vary significantly and might not always align with market rates for equivalent full-time software engineering roles in corporate settings. Benefits are minimal, as expected for a foundation model, and career progression is more about your contributions to the ecosystem than a traditional corporate ladder. Communication on strategic roadmaps can sometimes be asynchronous.
Advice to Management: Consider exploring more structured ways to acknowledge and potentially compensate significant ongoing contributions, perhaps through stipends or partnerships, to better attract and retain top talent in the competitive open-source developer landscape. Clearer roadmapping and decision-making processes would also be beneficial.
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Common Questions About
Symphony Software Foundation
What is the typical salary range for a software engineer at Symphony Software Foundation?
For software engineering roles within the open-source and enterprise software industry in the US, salaries at foundations like Symphony can vary, but generally competitive compensation packages are offered to attract skilled talent.
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