Financial Objects Special Interest Group Onboarding

[agitana]

Please note that only FINOS members can propose new projects. If you're interested in membership, see https://www.finos.org/membership-benefits#become-a-member.

The FINOS Governing Board approved the creation of a Financial Objects SIG at its April 2021 meeting, effectively uplifting the existing Financial Objects project and turning it into a SIG.

Business Problem & Proposed Solution

Provide a neutral forum for individuals across the financial services industry to collectively identify the need for new, open, financial objects standards as well as modifications to existing ones. Work to promote adoption of financial object definitions and models that support common industry workflows and use cases.

Current State

Following the success of the Legend Pilot (April-September 2020), Goldman Sachs stepped forward to re-purpose and lead the Financial Objects project (see , in order to have a common “home” for existing and new Legend modeling efforts (see https://github.com/finos/community/issues/97 and https://github.com/finos/community/issues/102) Two months in, it has become clear that:

1. While there are overarching, common elements: modeling financial objects, using Legend & the FINOS hosted Legend Studio instance, leveraging the ISDA CDM...
2. every workstream has specific requirements that warrant separate governance structures

Existing Materials

• https://github.com/finos/finos-fo

SIG Leadership Team

• Ffion Acland / Goldman Sachs / @ffionwiggins
• Ian Sloyan / ISDA / @iansloyan

SIG Contribution and Onboarding process (v. 1.0, last updated on October 27, 2020)

Below is the list of tasks that FINOS Team and the contribution author goes through in order to complete the FINOS SIG onboarding process. Please do not edit these contents at contribution time!

Voting (SIG Lead and FINOS ED)

• [x] Contribution author triggers community socialization to gauge interest - recommended emailing issue link to community@finos.org (see https://groups.google.com/a/finos.org/g/fo/c/ra1-LTVrOjg
• [x] If there's positive response from the Community, prepare short SIG proposal deck: see 202104 Financial Objects SIG Proposal.pdf
• [x] Assign issue to Executive Director (@mindthegab) to request SIG to be proposed to FINOS Governing Board
• [x] FINOS governing board accepts (and the onboarding process can move forward) or declines the SIG: Approved at April 2021 FINOS Governing board meeting

Identify project meta (Lead: FINOS SIG POC, Support: FINOS Marketing)

• [x] Identify and Assign FINOS SIG POC
• [x] Link to SIG approval resolution - SIG was approved at April 2021 FINOS Governing board meeting
• [x] SIG Name: Financial Objects
• [x] Category and sub-category (for FINOS Landscape)
• [x] Existing content/assets or new Github repository: https://github.com/finos/finos-fo https://fo.finos.org
• [x] Team composition: lead maintainer and other maintainers
• [x] Meetings? (existing/yes/no)
• [x] Meeting minutes, agenda, attendance tracking (existing/yes/no)
• [x] Documentation website (existing/yes/no): update https://fo.finos.org
• [x] Define SIG slug : Dependant on Define new SIG name

Project Communication Channel(s)

• [x] Ask maintainers which communications channels they'd like to use and if more than one are needed. These may include
  • Creation of one or more project mailing lists (e.g. general@, or dev@ and users@)
  • Creation of one or more Slack or Symphony chats for the project
• [x] Create the identified communication channels during infra set up
• [x] Link communication channels linked front and center in the project README.md.

Infra setup (Lead: FINOS Infra)

• [x] Update SIG badge
• [x] Update SIG README
• Enable meeting attendance tracking (optional)

Metadata update (Lead: FINOS Infra)

• [x] Add SIG to metadata
• [x] Add identities, orgs and affiliations to metadata
• [x] Add logo to FINOS landscape
• [x] Add SIG Leads emails to finos-project-maintainers@finos.org list
• [x] Add SIG Leads GitHub usernames to the project-maintainers Team

Update FINOS SIG Roster

• [x] FINOS Governance

Announcement (Lead: FINOS POC)

• [x] Work with FINOS marketing to send out announcement to announce@finos.org , checkout announcement template at https://finosfoundation.atlassian.net/wiki/spaces/FINOS/pages/83034172/Contribute
• [x] Notify FINOS POC and FINOS marketing manager once the announcement has been sent out (FINOS infra)

Onboarding and training

• [x] FINOS SIG Governance

Contributors Metadata (Lead: FINOS SIG POC, Support: FINOS infra)

• [x] For each SIG material contributor identified in the previous step, collect: the following info:
  • Fullname
  • GitHub username
  • Corporate email address
• Identify other existing contributors (assuming there's a contribution history (eg Git history)

[agitana]

onboarding completed!