Canadian banks put the brakes on open source
,----[ Quote ]
| While at least 20 per cent of servers in the financial services are running
| Linux, proprietary applications still have a strong hold in core systems,
| Senf said.
|
| There appears to be a growing move in the banking industry to shake off the
| proprietary chains, says Jim Magahey, client director for HP Canada's
| department that services the TD Bank Financial Group.
|
| "Migration to open standards and open source is driven by the need to get
| away from the dependency issues of a single vendor solution," he said.
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http://www.itbusiness.ca/it/client/en/home/News.asp?id=44233&cid=11
Related:
Linux On Wall Street Is Not An Oxymoron. Or Is It?
,----[ Quote ]
| So is Linux on Wall Street an oxymoron? Of course it's not.
|
| Linux has staunch supporters on the street who are making money
| with it and are recognizing the inherent benefits of the model.
| Linux, which is by definition free software, is not necessarily
| free without price or without the potential for profit.
|
| Wall Street is all about money, and Linux has proven -- and will
| continue to prove -- that it is a worthy tool in the quest to
| generate even more money.
`----
http://www.internetnews.com/commentary/article.php/3674571
Open Source Slowly Gains Momentum on Wall Street
,----[ Quote ]
| Customers may be comfortable using Linux for infrastructure-type
| systems but less so for business software, said Monica Kumar,
| senior director of product manager for Linux and open-source
| software at Oracle.
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http://www.adtmag.com/article.aspx?id=20569
|
|
