Global banks back project to strengthen open source resilience
AI Summary
Global banks are teaming up to bolster the resilience of open source technology in finance, forming the Open Source Enterprise Resiliency Alliance (OSERA). This initiative, announced at the FINOS forum, aims to secure and optimize open source components used in financial services through a vendor-neutral strategy. This move is crucial as it addresses vulnerabilities in the industry's supply chain, ensuring more robust and reliable systems for financial operations worldwide.
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