About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

FINOS Releases Version 1.0 of the Financial Desktop Connectivity and Collaboration Consortium Standard

Subscribe to our newsletter

The Fintech Open Source Foundation (FINOS), a non-profit organisation promoting open innovation in financial services, has released version 1.0 of the Financial Desktop Connectivity and Collaboration Consortium (FDC3) standard. Founded and contributed to by OpenFin, the initiative brings connectivity and standards to the financial industry’s desktop applications.

Gabriele Columbro, executive director of FINOS, says: “The FDC3 interoperability standard represents the first fundamental building block for an open, organically evolving ecosystem of applications on traders’ desktops. The end game is to enable optimal user experience delivered with high levels of efficiency.”

FDC3 was ratified in November 2018. Over 50 financial organisations have supported development of the standard, which has been built on active contributions from Adaptive, Citadel, FactSet, GreenKey, IHS Markit, JP Morgan, OpenFin, Refinitiv, Scott Logic, Tick42, and Wellington.

Nicholas Kolba, chief product officer at OpenFin and FDC3 programme co-founder and chair, explains: “For too long in financial services, humans have been the integration layer between their applications. Now, with the FDC3 1.0 standard ratified and released, we can enable automation and make the humans smarter, faster, and better.”

The FDC3 standard is expected to bring a new level of productivity and workflow automation to financial institutions. Its core goal is to make it possible for fintech developers to create applications, whether in-house or third party, that can interact seamlessly without the need for bilateral agreements or proprietary application programme interfaces (APIs).

To evaluate and implement the standard, visit the FINOS FDC3 site.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Agility as Alpha: How Trading Infrastructure Determines Who Wins in Volatile Markets

Tariff shocks, geopolitical realignment and macroeconomic regime shifts are redrawing the investment landscape faster than most firms’ technology stacks can keep up. For hedge funds and asset managers, the ability to move quickly into new asset classes, geographies or strategies is no longer just an operational concern – it is a front-office differentiator and, increasingly,...

BLOG

Virtex Partners with Gold-i as TradFi and DeFi Brokerage Stacks Converge

Virtex Technologies, a year-old London-based vendor positioning itself as an “operating system for digital asset brokerages”, has selected Gold-i, an established FX and crypto connectivity firm, as its first integration partner. The pairing connects Virtex’s front-end and brokerage workflow platform to Gold-i’s MatrixNET liquidity management layer, giving clients single-point access to more than 35 crypto...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...