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If no, then what are the possible demerits of Apache way for a financial technology project, consumed by regulated banking entities, which may have led to such bad practices?

Relevant Data:

Source: https://cwiki.apache.org/confluence/display/FINERACT/Maturity+Evaluation Feb 22, 2017

The project is independent from any corporate or organizational influence.

The committers come mostly from three organizations:

  • Mifos Initiative

  • Conflux Technologies

  • Musoni

myrle, sander, gauravsaini03, mage

Besides Mifos Initiative, below are the listed private organisations;

  1. Conflux Technologies; Source: MCA.GOV.IN

Date of Incorporation

06/12/2010

Charge Id

Assets under charge

Charge Amount

Date of Creation

Date of Modification

Status

Book debts; Floating charge; Movable property (not being pledge)

7000000

18/11/2016

-

OPEN

https://finflux.co

Services: Provides Core Banking software services at a price, built on components of intellectual property assessed in this case study

2. Musoni Services B.V, Netherlands; Source: https://dutchregistry.nl/company-search/

Date of Establishment: 15-03-2013

https://musonisystem.com/

Services: Provides Core Banking software services at a price, built on components of intellectual property assessed in this case study

1.2. Intellectual Property Clarifications:

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