Max Fateev, CTO and Co-Founder of Temporal on Durable Execution & Open Source Innovation | Open Source in Finance Podcast
In this episode of the FINOS podcast, Grizz Griswold interviews Max, the Co-Founder and CTO of Temporal, which is a new member of FINOS. They delve into the concept of durable execution, a groundbreaking approach that allows processes to persist despite system failures, significantly improving developer productivity and resiliency. Max shares his extensive journey, from his early days at Amazon to co-founding Temporal, and the insights gained along the way. The discussion also explores the open-source model, the importance of security in financial services, and how Temporal's technology is revolutionizing the industry. Tune in to learn about the challenges and triumphs of building and managing a tech company, especially in the open-source ecosystem.
00:00 Introduction to Business Logic Simplification
01:01 Welcome and Guest Introduction
01:46 Max's Career Journey
04:11 Building Temporal and Its Evolution
06:13 Challenges and Successes in Open Source
07:33 Managing People vs. Technology
13:20 Durable Execution Explained
17:55 Temporal's Impact on Financial Services
23:01 Open Source Security and Business Model
27:38 Upcoming Events and Future of Open Source in Finance
32:09 Closing Remarks
Max Fateev: https://www.linkedin.com/in/fateev/
Temporal: https://temporal.io/
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FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster the adoption of open source, open standards, and collaborative software development practices in financial services. It is the center for open source developers and the financial services industry to build new technology projects that have a lasting impact on business operations. As a regulatory compliant platform, the foundation enables developers from these competing organizations to collaborate on projects with a strong propensity for mutualization. It has enabled codebase contributions from both the buy- and sell-side firms and counts over 50 major financial institutions, fintechs and technology consultancies as part of its membership. FINOS is also part of the Linux Foundation, the largest shared technology organization in the world. Get involved and join FINOS as a Member.