All - Every Quarter, the Project submits a Report to the Board of Apache Software Foundation (ASF). The ASF Board then either accepts the report or asks for additional information and clarifications.
See also ASF guidelines <https://www.apache.org/foundation/board/reporting.html> OCTOBER 2022 Proposed Report is below and here. https://cwiki.apache.org/confluence/display/FINERACT/2022-10+October+Report+of+Fineract <https://cwiki.apache.org/confluence/display/FINERACT/2022-10+October+Report+of+Fineract> All past reports here: https://cwiki.apache.org/confluence/display/FINERACT/Fineract+PMC+Reports+to+Apache+Board *## Description: * At Apache Fineract, our mission is to build, maintain and enhance a cloud-ready core banking system for robust, scalable, and secure operations of financial institutions. We believe in financial services for everyone, including the unbanked and underbanked. *## Issues:* *## Membership Data:* Apache Fineract was founded 2017-04-19 (5 years ago, contributed by Mifos.org <http://mifos.org/>) There are currently 46 committers and 19 PMC members in this project. The Committer-to-PMC ratio is roughly 2:1. Community changes, past quarter: - Arnold G was proposed and accepted for PMC (awaiting formal mechanisms) - Three new Committers have been nominated and accepted since the last report in July. (Alberto, Adam, Norbert) - also awaiting formal adding mechanisms. *## Project Activity:* On August 22nd, the project released Fineract 1.8.0. Thank you to Aleks as release manager. Contributions of code, requirements and documentation came from Aleks , John W, Bharat , Hemant G, Alberto M , James , Ed, Norbert, Adam, and others. Enhancements included fixes to 48 issues as detailed at 1.8.0 - Apache Fineract <https://cwiki.apache.org/confluence/display/FINERACT/1.8.0+-+Apache+Fineract>, these included: - Documentation on use of Cucumber for testing - GitActions support for patching strategy - Read/Write separation - fineract may now operate in different modes This is on top of releases in the past two quarters: We released Fineract 1.7.0 and 1.6.0 over the past 6 months thanks to Aleks, Petri, and Arnold. Major features that landed with these releases: - code significantly improved to support database independence - PostgreSQL is officially supported - better performance and JPA compliance through the usage of EclipseLink Upcoming features: - significant improvements in business time handling (COB) - Spring Batch integration to replace Quartz jobs *## Community Health:* New PMC Chair has been proposed: James Dailey <https://cwiki.apache.org/confluence/display/~jdailey> PMC Thanks Awasum Yannick <https://cwiki.apache.org/confluence/display/~awasum> who is stepping down. Contributions have been steady over the past six months due to volunteer contributors (including those working for companies) giving back to the upstream Fineract Project. The hope remains that this will "crowd in" those other companies and system integrators such that they can move to an upstream model rather than forks of the code. Fineract was well represented at ApacheCON. Thanks to Javier for serving as chair of the finTech/fineract track and to James, Ed, and Dinesh for selecting the talks. Talks will be posted on Fineract wiki when available. We recently had a debate about the mission statement, which previously was: (my emphasis in bold) "The mission of Apache Fineract is the creation and maintenance of software related to a core banking platform that provides a reliable, robust, and affordable solution for entrepreneurs, financial institutions, and service providers *to offer financial services to the world's underbanked and unbanked."* When the project came over from Mifos.org, the mission and vision was also inherited. The project still has many people on the listserv who strongly endorse this mission of meeting the needs of unbanked and underbanked.
