IVIS-42; Innovate Through Early Standards Adoption #OpenFin | Secure HTML5 Runtime

Next Step:  For financial services firms, the next step is easy.  Have you explored and evaluated OpenFin and/or  the Google Chromium project?  For non-financial services firms, is there value to your vertical in what is being done here?  How can an enterprise CIO take a leadership role in examining business possibilities from this type initiative to their own industry?

Boston — Bain Capital Ventures, the venture arm of Boston-based private equity firm Bain Capital, has led the $4 million, first round of venture capital for OpenFin, a New York-based provider of HTML5 technology for financial desktops. Based on Google’s Chromium open-source project, OpenFin allows HTML5 applications to provide native desktop experience in a secure and managed runtime environment. “The financial services industry spends over $40 billion annually on IT and is undergoing a major technology transformation,” said Mazy Dar, CEO of OpenFin, in an announcement about the investment deal. “Major banks, trading platforms and information providers across the industry are migrating their front-end desktop applications from older technologies to HTML5. [OpenFin’s] technology is already being used by three global banks with several more in active trials,” Dar said.
http://www.openfin.co/press.html
http://www.openfin.co

OpenFin | Secure HTML5 Runtime.

Focused on TBM, Technology Business Management ("run IT like a business"). - 30+ years of experience, in providing IT strategy, process, application, RAMP, hardware, software, network, internet and cloud solutions to financial services, MRD and high technology companies from startup to F500. - 20+ published articles on the intersection of business and technology. - Startup advisor and mentor to a dozen startups, four of which were acquired and one of which is newly-launched (ITconnecter, a Crosswaves Ventures LLC company). - Specialties: IT Technology Business Management (TBM, aka "run IT like a business"), strategic partnerships, technology innovation, solutioning and program/project management (onshore, nearshore, offshore). Technology consulting focused on innovation, built around process, data and integration (cloud, social networking). We use I/TBM financial management best practices to help mid-size and large enterprises ensure they are meeting the needs of their business effectively and efficiently.

Posted in business architecture, business of IT, BYOD, Chrome, CIO, compliance, creativity, CTO, financial services, Google, GUI, HTML5, information technology, IT as a business, ITBM, ITconnecter, ITDM, ITFBM, ITFM, ITFMA, IVIS, software, TBM, user interface Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Looking forward to your perspectives....