Finmars is pleased to announce the next phase of its collaboration with SnT (Interdisciplinary Centre for Security, Reliability and Trust, University of Luxembourg), following a productive review of results achieved to date and alignment on the forward roadmap. This partnership combines SnT’s research & PoC development capabilities with FINMARS’s technical platform, financial domain expertise, and…
Two game-changing announcements in one week from OpenAI: – 𝗚𝗣𝗧-𝗢𝗦𝗦 is an open-source variant of GPT-4, giving developers full model weights, local deployment options, and freedom to fine-tune. This means enterprises can run AI on-premises, adapt it for niche use cases, and fully control sensitive data. – 𝗚𝗣𝗧-𝟱, released last night, is OpenAI’s most advanced model…
A recent Luxembourg Times report highlights the sector’s impressive contribution to the national economy, and the numbers speak for themselves: The financial sector’s value added per employee is about double that of any other sector in Luxembourg, generating an average of €236,400 in gross value added in 2024. Economic impact:• Finance accounts for 14% of jobs and about 25% of total economic…
ETH Zurich, EPFL, and the Swiss National Supercomputing Centre are releasing this late summer Europe’s answer to ChatGPT — but with a twist that could change everything: it’s 100% open-source. 𝐖𝐡𝐚𝐭 𝐦𝐚𝐤𝐞𝐬 𝐭𝐡𝐢𝐬 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭:• Complete transparency: Model weights, source code, and training datasets will be fully open and reproducible. No black boxes. • Apache 2.0 license: Free for…
On July 4, the European Commission made its position clear regarding the AI Act: there will be no delays, no grace periods, and no exceptions. Despite lobbying efforts from over 100 tech firms, including Google and Meta, the EU is proceeding with enforcement.The first wave began in February 2025, targeting unlawful AI practices and mandating…
The European Securities and Markets Authority (ESMA) has proposed shortening the EU’s settlement cycle from T+2 to T+1, aligning with global trends and aiming to enhance market efficiency and resilience. What is T+1 settlement?The settlement cycle is the period between trade execution (“T”) and the final exchange of cash and securities. Moving to T+1 means trades executed today will settle the next…
Because Finmars isn’t just another fintech product it’s the beginning of a truly open financial data platform, built with the community, not just for it. If you are: A developer building innovative financial tools, A fintech seeking infrastructure that scales with you, Or a data-driven institution tired of vendor lock-in… The Finmars Community Edition is your playground.→ Self-host or deploy with partners→…
We had the pleasure of attending Nexus Luxembourg 2025 with the Finmars team — an incredible gathering of innovators, institutions, and builders shaping the future of finance. Our team was proud to share the Finmars vision: an open-source, modular, API-first platform that empowers financial institutions to analyze and report with speed and transparency. Whether plugging into existing AI…
Finance needs to open up. For too long, financial infrastructure has been locked behind proprietary systems: opaque, inflexible, and costly to scale. At Finmars, we believe it’s time for a shift.That’s why we’re going open source. We’re proud to announce that Finmars is becoming Europe’s first open-source platform for financial data management and regulatory reporting — designed to be:– Modular and composable– AI-native and automation-ready– Governed for trust and aligned…
Capgemini has recently published a report outlining the top trends in Wealth Management for 2025, categorized into three primary themes: 1. Customer-Centric ApproachA focus on customer experience and omnichannel interactions is central to the evolving Wealth Management landscape. Delivering a seamless and consistent experience under a unified brand is critical, requiring well-integrated systems. 2. Enterprise ManagementAchieving agility…
