Tetrate Joins FINOS to Break the AI Governance Stalemate for Highly Regulated Environments

Team brings to the FINOS community extensive experience developing standards for regulated industries, with NIST and others.

SAN FRANCISCO, June 24, 2025 /PRNewswire/ -- Tetrate, enabler of rapid, compliant and profitable AI success for regulated industries and governments, has joined Fintech Open Source Foundation (FINOS). The company is collaborating with the FINOS community to harmonize prospective AI governance frameworks between FINOS and the National Institute for Standards and Technology (NIST) for highly regulated environments, such as government and financial services. FINOS is a part of the Linux Foundation AI Governance framework, with a mission to foster the adoption of open source software, standards and collaborative development practices in financial services.

Many organizations—especially those in regulated environments—struggle with the responsible and safe adoption of AI at scale due to a lack of clear guidelines and standards, often leading to inaction. Tetrate aims to break this adoption stalemate by harmonizing major AI governance standards which are often difficult to understand or contradictory. Tetrate knows how to solve this type of problem because it was a major contributor with NIST in aligning microservice standards for financial services. This resulted in Federal Financial Institutions Examination Council (FFIEC) standards and accelerated the advent of technical solutions that meet these standards.

Tetrate has already provided important control mappings between the FINOS AI Governance framework and a range of widely recognized industry standards. These include the OWASP LLM Top 10, OWASP Machine Learning Top 10, ISO 42001 and NIST SP 800-53. Grounded in this existing industry guidance, the FINOS AI Governance framework becomes relatable and actionable for practitioners.

Tetrate has worked closely with NIST in collaborative research on novel access control and subsequently in developing standards for secure application communication, the definition of zero trust at runtime and most recently in the first API security Special Publication. The company's contributions advance and standardize best practices for secure microservice and cloud deployments across many industries. FFIEC extensively cites the Special Publications Tetrate helped author.

"Regulated industries and governments are at a crossroads with regard to AI adoption," said David Wang, head of product management and product marketing at Tetrate. "As these compliance-driven organizations build AI to improve end-user experiences and drive greater responsiveness and efficiency, they are discovering that the lack of clear, widely accepted governance frameworks is a critical barrier to scaling. It's that barrier that we're working with FINOS to knock down, drawing on the similar work we've successfully delivered with NIST."

"We are excited to welcome Tetrate as an important new contributor to the AI Governance Framework," said Gabriele Columbro, executive director of FINOS. "Their extensive work with other standards bodies such as NIST and open source communities like CNCF not only has the potential to accelerate the framework, but it's a real bonus as we move to implementing AI controls in the newly launched Common Controls for AI Services Initiative."

Learn more about Tetrate Agent Operations Director and read the blog post. Also, you can read the FINOS news release about Tetrate joining the organization, here: https://www.finos.org/press/global-financial-institutions-and-technology-leaders-collaborate-under-finos-to-launch-open-source-common-controls-for-ai-services 

About FINOS
FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster the adoption of open source software, standards, and collaborative development practices in financial services. As part of the Linux Foundation, FINOS provides a regulatory-compliant platform for developers from competing organizations to collaborate on innovative projects that transform business operations. With over 100 members spanning major financial institutions, fintechs, and technology consultancies, FINOS is at the forefront of driving open source innovation in finance. Get involved and join FINOS as a Member. To stay up to date on FINOS news, events, podcasts, blogs, and more, sign up here.

About Tetrate
Tetrate enables rapid, compliant and profitable AI success for regulated industries and governments by helping manage risk and reduce cost. As a key contributor to open source projects like Envoy and Envoy AI Gateway, and the creator of products like Agent Operations Director, Tetrate makes AI adoption faster and scaling more reliable while making governance frictionless—with full visibility and control over AI use. www.tetrate.io

MEDIA CONTACTS
Jenny Fowler
Cathey.co for Tetrate
[email protected]

SOURCE Tetrate