Why Modern Finance Runs on Open Source (opens in new tab)

For decades, financial institutions have relied on proprietary databases to power everything from customer transactions to real-time risk engines. But the pressures facing banks, fintechs, and payment providers have changed. Even minutes of downtime can trigger customer loss. 91% of enterprises report costs over $300,000 per hour, with 44% saying it can exceed $1 million. … The post appeared first on <a href="