Open Source in Finance Forum London 2026

The Common Domain Model is rapidly growing in popularity, and in complexity. One of the key issues the industry faces is that the rate of growth of CDM is outstripping the rate of adoption, with many companies being 'left behind' and struggling to identify business areas to adopt and adapt to CDM. It is paramount that we do not allow the progress of the model to eclipse it's adoptability completely, and result in a very comprehensive solution that nobody is using in production cases.

FDC3 has become the industry standard for enabling applications on the financial desktop to work together — allowing traders, analysts and operations teams to move seamlessly between tools without re-keying data or stitching together bespoke integrations. The standard defines common APIs, intents and data formats so applications can interoperate in a plug-and-play fashion across any platform.

But as FDC3 adoption grows, the next challenge isn’t just interoperability: it’s trust.

In this session, Kris West and co will take you inside the FDC3 3.0 evolution, exploring the architectural changes that make the standard ready for modern enterprise environments.

Expect a fast-paced tour of the technologies shaping the next generation of financial desktop platforms, including:

- Richer metadata models
- Application and user identity and trust frameworks
- Zero-trust architectures for desktop interoperability
- FDC3 Sail
- New branding and acronym for FDC3!

AI adoption is accelerating. Model capabilities are advancing. Agentic workflows are moving from pilot to production. Regulatory frameworks are being established.

But what about the experience of the analyst, portfolio manager, or advisor who has to act on the intelligence AI produces?

What We'll Cover —
The Last Mile Problem: Why AI capability & AI value are not the same thing & where the gap lives in a typical asset management firm today.

A New Governance Emergency: The strategic convergence happening at the browser layer, what it means for institutions handling MNPI & client data

The Portfolio of Intelligence: How leading firms are thinking about model selection, orchestration, & data governance across an AI estate — to work safely.

Human Oversight at Scale: As agentic workflows multiply, the human role doesn't diminish. Explore what the interface layer for human governance of AI actually needs to do.

Cognitive Alpha: A different ROI framework for AI investment: One that a competitor who hasn't solved the last mile cannot replicate.

The Takeaway: The architectural & organizational decisions made in the next 18 months will determine competitive positioning for a decade.

Bridging FIX and CDM for Regulatory Reporting: A Collaborative Approach with ISLA and First Derivative

Tokenovate, in collaboration with the FINOS CDM Smart Contract Taskforce and ISDA, has been developing a pioneering Smart Contract framework built on the CDM. This framework introduces new CDM data type objects - Smart Contracts - that connect functions and data through advanced modelling.

By enabling consistent execution of complex tasks, such as rate resets based on multiple observations under the ISDA 2021 Interest Rate Definitions and extendable to any analogous process under an ICMA GMRA, the framework extends the CDM’s standardisation power into new domains.

In this session, Tokenovate, together with ISDA, will demonstrate how Smart Contracts extend the CDM into standardised execution of multi-step processes, highlighting the following benefits of the framework:

- Fast and accurate processing of complex reset events
- Alignment with industry definitions
- A clear and transparent audit trail

Together, we will show how these benefits reduce operational risk - thus creating a foundation for greater efficiency and interoperability across the financial markets.

- OTC Derivatives’ Post-trade is still unsolved
- CDM to Digitize & Automate OTC Derivatives’ Post-trade
- Full-fledged CDM-based digitization of all OTC derivatives
- Automated reconciliations based on our CDM Smart Matching Engine