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____/ Richard Rasker on Friday 02 Oct 2009 20:56 : \____
> Roy Schestowitz wrote:
>
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>> London Stock Exchange in talks to buy Turquoise Trading technology
>>
>> ,----[ Quote ]
>> | Last month, the LSE announced it will acquire Sri Lankan
>> | trading firm Millennium IT for Â18 million, replacing its
>> | Accenture built, Microsoft .Net-based TradElect platform.
>> | The new platform is understood to be based on Linux.
>> `----
>>
>>
> http://www.computerworlduk.com/management/it-business/it-organisation/news/index.cfm?newsid=16883
>
> About the cash figures: the LSE paid more than /twice/ this Â18 million for
> just the TradElect system, which never delivered on its original promises,
> and even caused a full day's loss in sales (with damages no doubt running
> into millions as well). Yet dumping a Â40 million system isn't a step even
> big companies take lightly, so TradElect must really suck ...
They thought "They Got the Facts".
Microsoft has made no comment on the subject.
- --
~~ Best of wishes
Roy S. Schestowitz | "Yes, I know, but does it run Linux?"
http://Schestowitz.com | GNU/Linux | PGP-Key: 0x74572E8E
Mem: 2075800k total, 1660792k used, 415008k free, 12460k buffers
http://iuron.com - next generation of search paradigms
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