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Linux Foundation: FINOS and LF Networking

Submitted by Roy Schestowitz on Sunday 3rd of May 2020 07:50:43 AM Filed under
Linux
  • Now under the Linux Foundation, the Fintech Open Source Foundation wants to accelerate software development across financial services

    Open source encourages standards setting and pooling of resources to address audacious problems in finance. “Over the last few years, FINOS successfully created a community of buy-side, sell-side, fintech and tech companies who work together on a wide range of open source projects and standards, “ said Dov Katz, FINOS vice chairperson and distinguished engineer at Morgan Stanley.

  • LFN adds XGVela to the industry group lexicon

    LF Networking (LFN) has extended its tentacles further into the open source underbelly of telco cloud strategies with the launch of a new project, the curiously-named XGVela.

    LFN, the arm of the Linux Foundation that is focused on open source R&D for next generation networking in projects such as ONAP, OPNFV and OpenDaylight, says the formation of the project, based on work contributed by China Mobile, is part of its efforts to “accelerate telco cloud adoption.”

    At the heart of XGVela is code designed to enable a platform-as-a-service (PaaS) frame upon which 5G network services (and other applications) can be designed and developed. The initial work has focused on bringing existing open source PaaS functionality from other open source working groups (such as Grafana and Zookeeper – love these names!) and developing that functionality to meet telco requirements.

    [...]

    In a nutshell, the project (contributed by IBM), “simplifies the job of getting the right applications and machine learning onto the right compute devices, and keeps those applications running and updated. It also enables the autonomous management of more than 10,000 edge devices simultaneously,” which would be very handy.

  • LF Networking Boasts First Open Source PaaS for 5G NFV

    LF Networking, a group spearheaded by the Linux Foundation, today introduced what it describes as the first open source platform-as-a-service (PaaS) for 5G network functions. XGVela was donated by China Mobile and has also gained support or interest from China Unicom, China Telecom, ZTE, Ericsson, Nokia, Intel, and Red Hat.

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