About our work
At the heart of what we do, our workshops and benchmarking have helped improve policies and benefits for our participating firms. We strive to help firms anticipate questions on new policies, and offer implementation strategies.
We help to celebrate the industry’s successes, and publish this website and our newsletter to publicize industry events and news about what OPEN Finance and our member firms have accomplished. You can also follow us on social media.
From regular happy hours to fundraising events benefiting not-for-profit organizations, and career development, OPEN Finance’s networking opportunities strengthen the LGBT financial services community.
Through cross-firm collaboration, we’re able to create a bigger impact for LGBT related non-profit organizations. Our partnerships with select non-profits allow us to offer our member firms a greater range of opportunities.
Driving increased participation and awareness across the industry results in more widespread progress. We strive to reach the most individual members and firms as possible in the New York area.
Every year, we host high profile LGBT and ally leaders to speak about their work to promote inclusive environments. Through these events, we hope to inspire, inform and elevate OPEN Finance member firms.
Our leadership team
We're celebrating a full decade of helping to keep the financial services industry at the forefront of LGBT diversity and inclusion.
OPEN Finance’s origins trace back to January 2006 when a small group of gay bankers set about contacting friends and colleagues at other firms, seeking to promote more networking in the industry. The first meeting of the Interbank Roundtable, as we were then known, was on May 25 that year, with 15 firms and four non-profits attending.
By September a further three firms joined, and a networking committee was established. The first-ever Interbank Roundtable social took place in November 2006, bringing together representatives from 18 firms.
Membership reached 19 firms, which ensured a strong showing of Interbank Roundtable firms at the LGBT Center’s first Out To Work Career Fair in September. Recognizing the growth of the organization, then in October a formal mission and vision statement were established.
Working through the financial crisis, the Interbank Roundtable continued to bring its members together. In December 2009, the Interbank Roundtable re-launched as IRC, adopting a new logo and growth plans.
Extending our partnership with LGBT-focused non-profits, the IRC hosts the first ever Out On Deck fundraiser boat cruise, benefitting GLAAD.
IRC helps a host of firms adopt same-sex domestic partner benefits tax equalization, using one firm's lead and expertise to benefit a large portion of the industry and have an impact on the broader corporate landscape in the US.
In recognition of IRC's industry leadership, New York City's Anit-Violence Project honors IRC.
The Empire State Pride Agenda recognizes IRC's work at its Equality@Work awards.
With membership reaching 31 firms and featuring several companies outside of banking, the IRC adopts the OPEN Finance branding. The new name reflects the organization's goals: Out Professional Exchange Network for Finance. By the end of the year, a further four companies had joined.
In November, OPEN Finance recognizes the 14 firms signing the Bingham amicus brief in United States v. Windsor at an awards ceremony.
We incorporated and earned non-profit status, becoming a 501(c)(6) organization.
In April, twenty-nine firms participating in OPEN Finance sign the business amicus curiae brief for Obergefell v. Hodges.