The new Board members are Kathy Cassidy – Independent Board Director for Goldman Sachs Mutual Funds and Gur Kimchi – veteran aviation and technology executive, co-founded of Amazon Prime Air, Amazon’s drone delivery service.
Dómhnal Slattery became an advisor to Stephen Fitzpatrick, CEO and Chairman of Vertical.
These appointments will be effective upon completion of Vertical’s business combination with Broadstone Acquisition Corp.
Stephen Fitzpatrick, Chairman and CEO; Vinny Casey, Chief Financial Officer and Michael Cervenka, President are composed as Vertical’s executive team.
]]>OS-C is a non-profit, non-competitive organization that seeks to use open source technology and collaboration to align the efforts of the financial community in addressing the challenge of global climate change while preserving the opportunity to innovate and compete in global capital markets. This approach is a crucial component for closing the $1.2 trillion annual gap in investment needed to achieve the Paris Climate Accord goals. The organization’s members include Allianz, Amazon, BNP Paribas, Goldman Sachs, KPMG, Microsoft, the Net Zero Asset Owner Alliance and many more technology and financial leaders, with membership having tripled since the community’s launch in September 2020.
Red Hat brings a wealth of experience and expertise in building open source communities for other Linux Foundation projects, serving as a founding member of the Cloud Native Computing Foundation, the Open Container Initiative and many more. Beyond the technical skill to actively contribute code to these initiatives, Red Hat also provides a nuanced understanding of how to encourage collaboration between organizations that would otherwise be competitive in-market.
The open-source model championed by Red Hat and selected by OS-C is intended to enable the creation of a complex, multi-layered ecosystem for OS-C members, including an open data platform that can be adopted by individual organizations for their own specific uses. This helps to provide a more level data playing field that meets a variety of regulatory requirements, providing global financial institutions with better, deeper views to evaluate climate change risk and opportunity as a core part of finance, banking and investment strategies.
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