Difference between revisions of "Open Source Finance"

From Open Risk Manual
(Created page with "== Definition == '''Open Source Finance''' is the provision of financial services that is substantially based on software components released under an Open Source License...")
 
(Client Facing Applications)
(4 intermediate revisions by the same user not shown)
Line 1: Line 1:
 
== Definition ==
 
== Definition ==
'''Open Source Finance''' is the provision of financial services that is substantially based on software components released under an [[Open Source License]]
+
'''Open Source Finance''' is the provision of [[Financial Service | financial services]] that is ''substantially'' based on software components released under an [[wikipedia:Comparison of free and open-source software licenses | Open Source License]].
 +
 
 +
Open source finance is an evolving domain in that both the provision of financial services based primarily on digital technologies and the adoption of open source software development is a recent practice (see [[Fintech]])
 +
 
 +
This entry focuses on documenting the structure and business models associated with open source financial activities. The [[Open Source Financial Software | list of software]] that is used is maintained separately
 +
 
 +
== Service Categories ==
 +
The broad overview of financial service categories with existing open source finance examples
 +
* [[Payment Service]]
 +
* [[Banking Service]]
 +
** [[wikipedia:Microfinance | Microfinance]]
 +
* [[Investment Service]]
 +
* [[Wealth Management Service]]
 +
* [[Insurance Service]]
 +
 
 +
=== Payment Services ===
 +
* [[Open Source Blockchain Platforms]]
 +
 
 +
 
 +
=== Banking Services ===
 +
* [[Open Source Core Banking]]
 +
 
 +
 
 +
== Software Stack ==
 +
This is an overview of the overall open source finance software stack. Different service domains will utilize different parts of this stack.
 +
 
 +
The lower levels of the stack tend to be general purpose and used in many other domains besides finance. The higher levels of the stack tend to be finance specific
 +
 
 +
=== Operating Systems ===
 +
* [[wikipedia:Linux | Linux]]
 +
 
 +
=== Communication Protocols ===
 +
* [[wikipedia:HTTP | HTTP]]
 +
 
 +
=== Databases ===
 +
* [[Open Source Databases]]
 +
 
 +
=== Applications ===
 +
 
 +
==== Client Facing Applications ====
 +
This category includes all applications that are exposing the financial service to the end users
 +
* Mobile
 +
* Web applications
 +
* Desktop applications
 +
 
 +
==== Internal Applications ====
 +
This category includes all applications that are used internally by the financial services provider to enable the service provision (excluding the database category). It does not include general purpose applications that are also used for financial services
 +
* Middleware
 +
* Ledgers
 +
 
 +
==== API's  and Standards ====
 +
Application Programming Interfaces ensure a measure of interoperability between different applications
 +
* [[BIAN]]
 +
* [[Open Bank API]]
  
  
  
 
[[Category:Open Source]]
 
[[Category:Open Source]]

Revision as of 11:52, 30 November 2019

Definition

Open Source Finance is the provision of financial services that is substantially based on software components released under an Open Source License.

Open source finance is an evolving domain in that both the provision of financial services based primarily on digital technologies and the adoption of open source software development is a recent practice (see Fintech)

This entry focuses on documenting the structure and business models associated with open source financial activities. The list of software that is used is maintained separately

Service Categories

The broad overview of financial service categories with existing open source finance examples

Payment Services


Banking Services


Software Stack

This is an overview of the overall open source finance software stack. Different service domains will utilize different parts of this stack.

The lower levels of the stack tend to be general purpose and used in many other domains besides finance. The higher levels of the stack tend to be finance specific

Operating Systems

Communication Protocols

Databases

Applications

Client Facing Applications

This category includes all applications that are exposing the financial service to the end users

  • Mobile
  • Web applications
  • Desktop applications

Internal Applications

This category includes all applications that are used internally by the financial services provider to enable the service provision (excluding the database category). It does not include general purpose applications that are also used for financial services

  • Middleware
  • Ledgers

API's and Standards

Application Programming Interfaces ensure a measure of interoperability between different applications

Contributors to this article

» Wiki admin