Banking and financial services organizations have unique challenges when it comes to open source software. They operate in a strict, highly regulated environment and handle huge volumes of highly sensitive data. Open source can speed innovation and development velocity, as well as deliver substantial cost savings — but in today’s threat landscape, how can companies in this space enjoy the benefits of OSS without exposing their customers to risk?
In this special industry-focused event, experts from Perforce Software will share how banks and Fintech organizations, from startups to large enterprises, can take advantage of all open source has to offer while meeting security and compliance requirements.
About the Webinar
OpenLogic by Perforce hosted a live panel discussion on open source opportunities and obstacles specific to the financial sector, featuring Perforce Software’s Jeff Michael (Senior Director of Product Management), Tim Carroll (Director of Product Development), and Omar Lara (Senior Solutions Engineer).
The panel covered topics such as:
- How banks and Fintech can mitigate security risks while deploying open source
- Regulatory and compliance hurdles to OSS adoption in the finance sector
- Cost-effective strategies for Big Data management and data sovereignty
- Why Open Source Program Offices (OSPOs) are on the rise
- The pitfalls of siloed support and benefits of vendor consolidation
- And more!
Secure, Support, and Modernize Your Entire OSS Stack
Additional Resources:
- Blog: Open Source in Finance: Top Technologies and Trends
- Blog: Proactive Open Source Lifecycle Management
- Survey: 2025 State of Open Source
- White Paper: Decision Maker's Guide to Enterprise Linux
- Solution: Hadoop Service Bundle
- Datasheet: Open Source Technical Support
Presenters
Jeff Michael
Jeff Michael is a product leader at Perforce Software responsible for the entire Development Tools portfolio including OpenLogic and Zend. He has over 25 years of software delivery experience with a focus on OSS management, security and risk compliance.
Tim Carroll
Tim Carroll is a senior leader at Perforce Software, influencing product development and guiding innovation across the portfolio, including OpenLogic, Zend, SourcePro, IMSL, Akana, and Gliffy brands. He brings more than 25 years of experience in software development, including over a decade as Director of Software Development at the University of Illinois Urbana-Champaign.
Throughout his career, Tim has focused on promoting open source adoption and strategy. He was a founding member and served for 10 years on the Board of Directors of the Apereo Foundation, a nonprofit organization dedicated to advancing the use of open source in higher education. He also helped establish the Java Special Interest Group (JASIG) project incubation process and oversight group, which was later adopted and implemented at Apereo. Tim has written and presented on topics ranging from Hadoop administration and Linux migration strategies to open source lifecycle management and governance. He is particularly motivated by providing software solutions that enable people to look beyond solved problems, and mobilizing resources to overcome new interesting obstacles.
Omar Lara
Omar is a Senior Sales Engineer at OpenLogic who has been involved in the open source movement for more than 20 years. He is particularly interested in cloud infrastructure solutions at scale with a special focus on projects like OpenStack and Kubernetes.
A movie buff at heart, Omar makes documentaries and film podcasts in his spare time, conducting data analysis with open source tools to understand the behavior of audiences.