This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit

Catch up on some of the past week's financial technology news.

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Goldman Sachs Makes Internal Tools Open Source

Non-profit Finos (the Fintech Open Source Foundation) announced that its member Goldman Sachs is making a major open source contribution to the foundation. Goldman’s contribution is a logical modeling language, named Pure, and a platform and visual model tool that generates Pure-based models, known as Alloy.  Pure and Alloy are used within Goldman across the trade lifecycle to price; assess and evaluate risk; clear transactions; and perform

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Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

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