NEW YORK CITY, NY – 15/02/2026 – (SeaPRwire) – In a signal of growing institutional investment in open collaboration across financial services technology, Fidelity Investments has expanded its engagement with the Fintech Open Source Foundation (FINOS) by upgrading to Platinum membership status. The move reflects Fidelity’s increasing emphasis on open governance, interoperability standards, and the responsible integration of emerging technologies—including artificial intelligence—within regulated environments.
The membership elevation follows Fidelity’s central role in the development and open sourcing of Fluxnova, an orchestration platform now hosted by FINOS. Designed to address industry-wide challenges such as workflow automation complexity, vendor dependency, and infrastructure sustainability, Fluxnova was contributed into FINOS under neutral governance to ensure long-term community stewardship and production readiness for regulated institutions.
A Strategic Shift in Open Source Engagement
Over recent years, Fidelity’s open source participation has evolved from primarily leveraging community-built software to actively shaping and contributing to the infrastructure layers that underpin financial services technology stacks. As open source has become foundational to enterprise architectures across banking, asset management, and capital markets, organizations are increasingly recognizing it as a driver of resilience, innovation, and talent development—not solely a cost-efficiency mechanism.
Fidelity’s strategy emphasizes intentional engagement in projects that are mission-critical, widely adopted, and operationally foundational. Rather than making ad hoc contributions, the firm has invested in enabling engineers to participate responsibly within structured governance models, helping influence the long-term trajectory of shared infrastructure used across the industry.
Fluxnova and the Case for Neutral Orchestration
Fluxnova serves as a practical example of this philosophy. In response to evolving vendor dynamics and the growing strategic importance of workflow orchestration, Fidelity collaborated with FINOS and industry peers to transition the platform into a community-governed framework. The result is a standards-based orchestration system supporting BPMN and DMN that enables audit-ready automation, reduces vendor lock-in, and provides regulated enterprises with greater transparency and control.
By supporting Fluxnova under FINOS governance, Fidelity has contributed to building a shared infrastructure layer that addresses a broadly non-differentiating yet operationally essential capability. This model encourages collective investment in core utilities while allowing firms to differentiate at higher layers of the technology stack.
Interoperability and AI as Industry Priorities
Fidelity’s Platinum membership further underscores its commitment to industry-wide collaboration on interoperability standards and emerging technologies. Within FINOS, initiatives such as FDC3 have advanced cross-platform data and workflow integration across financial applications. As institutions explore agentic AI systems, machine-readable objects, and increasingly automated decision frameworks, open standards and transparent governance structures are becoming critical to maintaining auditability and regulatory trust.
Executive Commentary
Gabriele Columbro, Executive Director of FINOS, noted that Fidelity’s expanded role demonstrates a mature approach to open source engagement within financial services. According to Columbro, increasing buy-side representation on the FINOS Governing Board reinforces C-level commitment to neutral governance and long-term industry collaboration.
Joe Frazier, Head of Architecture and Engineering at Fidelity Investments, stated that the organization’s participation in Fluxnova reflects an evolution in its open source strategy—one centered on strengthening resilience, transparency, and operational control over critical infrastructure rather than simply reducing costs.
Brian Warner, Vice President of the Open Source Program Office at Fidelity Investments, added that the firm concentrates its contributions on shared infrastructure domains—such as orchestration, interoperability, and AI enablement—where collaboration can generate the greatest collective value while preserving the rigorous compliance standards required in financial services.
Expanded Leadership Within FINOS
As a Platinum member, Fidelity will assume a more prominent leadership position within FINOS, joining the Governing Board and helping guide strategic priorities. The firm will support community-driven initiatives including Fluxnova and contribute to advancing open infrastructure, interoperability frameworks, and next-generation financial technology standards.
About Fluxnova
Fluxnova is a FINOS-hosted, member-led orchestration platform delivering resilient, standards-based process automation using BPMN and DMN. Built for regulated environments, Fluxnova enables enterprises to modernize workflows, implement compliance-as-code, and maintain operational control without vendor lock-in. The platform emphasizes transparency, auditability, and long-term sustainability.
About FINOS
FINOS (The Fintech Open Source Foundation) brings together financial institutions, fintech companies, and technology providers to develop open technologies and standards that improve resilience, profitability, and innovation across the financial services industry. Operating under the Linux Foundation, FINOS provides neutral governance for open source collaboration, supporting production-grade projects and interoperability standards embedded within core financial workflows. With more than 100 member organizations worldwide, FINOS advocates measurable return on investment from open source adoption while fostering industry-wide operational excellence.