FINOS Open Source in Finance Podcast podcast

James Calise & Travis Liles - Oracle - The Open Source Shift: Oracle Experts Reveal What's Next

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On this episode of the FINOS Open Source in Finance Podcast, host Grizz Griswold sits down with James Calise (Pre-Sales Engineering Lead) and Travis Liles (Cloud Architect) from Oracle Cloud Infrastructure (OCI) Financial Services. Together, they explore how Oracle is shifting from proprietary models to open-standards-based cloud architecture to help financial institutions prevent vendor lock-in, meet strict DORA multi-cloud resiliency mandates, and scale grid computing across on-premise and multi-cloud environments with OpenGris. Plus, they share how autonomous AI agents are becoming the next-generation operational management layer for open-source enterprise platforms. 🕒 Timestamps:0:00 Welcome to the FINOS Open Source in Finance Podcast0:53 Guest Introductions: James Calise & Travis Liles (Oracle Cloud)5:17 Verticalized Cloud Engineering for Financial Services8:11 Why Financial Compute Remains Heavily On-Premise & Legacy10:23 Mainframe Migrations vs. Performance Realities11:18 Oracle’s Shift to Open Standards & Breaking Cloud Lock-In14:46 DORA Regulations & Multi-Cloud Resiliency Mandates17:25 Introducing OpenGris: Bursting Grid Compute Across Multi-Cloud20:45 Bridging High-Performance Computing (HPC) with AI24:00 Pace-Layered Architecture: Secret Sauce in the Agent Layer28:22 Avoiding Hype: Actionable AI without Vendor Box-In32:05 Autonomous AI Agents as 24/7 Open-Source Operations Managers36:50 Oracle’s Expanding FINOS Contributions & OSFF Preview 📊 The Problem: Cloud Lock-In, On-Prem Ceilings & Admin OverheadCloud Lock-In & DORA Compliance Barriers: Proprietary cloud services lock financial institutions into closed ecosystems, making multi-cloud resiliency and regulatory compliance (e.g., DORA exit plans) nearly impossible to execute. On-Premise Compute Ceilings: Financial risk modeling and overnight grid calculations require massive bursts of compute power that exceed fixed on-premise hardware ceilings, yet low-latency requirements keep core systems tied to legacy infrastructure. Administrative Overhead for Open Source: Adopting self-hosted open-source platforms turns internal engineering teams into full-time IT administrators tasked with manual monitoring, patching, and operational upkeep. 🏗️ The Solution: Open Standards, OpenGris & Autonomous AI AgentsOpen Standards Cloud Foundation: OCI builds its financial cloud infrastructure around open standards, enabling institutions to deploy workloads seamlessly across on-premise, dedicated regions, and multi-cloud environments. OpenGris Elastic Bursting: Leveraging the OpenGris project to schedule and scale financial compute jobs elastically across cloud providers based on performance, availability, and cost. Agentic AI Operations Layer: Deploying 24/7 autonomous AI agents as a management layer that actively monitors open-source projects, applies patches, tests builds, and automates operational maintenance. ⚙️ Why This Matters for Financial EngineeringPace-Layered Innovation: Standardizes baseline infrastructure and APIs, allowing capital markets firms to build their core IP and competitive advantage directly into the agentic AI layer. Smooth Onboarding & Multi-Cloud Flexibility: Eliminates re-skilling delays and proprietary rewrites, giving financial engineering teams true mobility across hybrid and multi-cloud platforms. 🌐 More about FINOS: https://www.finos.org/ 📧 Join our newsletter: https://www.finos.org/sign-up 🎙️ Listen to our Open Source in Finance Podcast: https://www.youtube.com/@FINOS/podcasts LinkedIn: https://www.linkedin.com/company/finosfoundation #FINOS #OSFFNewYork #Oracle

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