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

Upcoming Webinar: From Data to Alpha: AI Strategies for Taming Unstructured Data

Date: 16 April 2026 Time: 9:00am ET / 2:00pm London / 3:00pm CET Duration: 50 minutes Unstructured data now accounts for the majority of information flowing through financial markets organisations, spanning research content, corporate disclosures, communications, alternative data, and internal documents.  While AI has created new opportunities to extract signal from this data, many firms...

BLOG

The New ROI: How Cloud Data Is Driving a Strategic Shift in Financial Markets

Cloud migration in financial markets has evolved from a cost-saving exercise into a cornerstone of strategic performance. As firms modernise their trading and data infrastructure, the emphasis has shifted toward scalability, innovation, and long-term competitive advantage. Drawing on findings from LSEG’s Cloud Strategies in Financial Services report and insights from Kristin Hochstein, Global Head of...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...