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OTRS AG to float on German stock exchange
,----[ Quote ]
| Bad Homburg-based OTRS AG, the company behind
| popular open source help desk system Open
| Ticket Request System (OTRS), will float on
| the Frankfurt Stock Exchange on the 23rd of
| December, 2009.
`----
http://www.h-online.com/open/news/item/OTRS-AG-to-float-on-German-stock-exchange-890881.html
Recent:
London Stock Exchange takes Â20m hit on almost redundant TradElect platform
,----[ Quote ]
| The often troubled TradElect system remains five | times slower than rivals' reported speeds. It
| was upgraded in 2008 by Accenture at a cost of
| Â40 million, is based around Microsoft .Net
| architecture and runs on HP ProLiant servers
| with Cisco networking technology.
|
| It is due to be replaced at the end of next year
| by an open source based platform built by
| MillenniumIT, which the LSE acquired in
| September for Â18 million.
|
| [...]
|
| The system is aimed at saving the LSE over Â10
| million a year from 2012. It will also bring in-
| house the LSEâs software development, provide
| âdedicated research and development supportâ,
| and offer new revenue streams by selling
| technology to other financial markets.
|
| Profits at the stock exchange tumbled for the
| six months by 37 percent to Â79 million. The
| exchange reiterated that it hopes an ongoing
| cost cutting exercise and management restructure
| will save it over Â11 million a year.
`----
http://www.computerworlduk.com/technology/networking/messaging/news/index.cfm?newsid=17751
London Stock Exchange trading hit by technical glitch
,----[ Quote ]
| Trading on the London Stock Exchange (LSE) has
| been brought to a halt by technical
| difficulties.
`----
http://news.bbc.co.uk/1/hi/business/8380607.stm
London Stock Exchange trading hit by data glitch
,----[ Quote ]
| Technical problems led to the suspension of
| trading in some FTSE 100 stocks on the London
| Stock Exchange this morning.
|
| [...]
|
| 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/infrastructure/applications/news/index.cfm?newsid=17077
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
London Stock Exchange grabs rival
,----[ Quote ]
| The London Stock Exchange is in exclusive talks to buy
| Project Turquoise, the rival trading platform set up by
| nine banks in order to push down transaction fees.
`----
http://www.theregister.co.uk/2009/10/02/lse_turquoise_talks/
About that London Stock Exchange IT failure
,----[ Quote ]
| All of which should have you wonder what Linux has to do with any of this -
| Microsoftâs headline, youâll recall said that the LSE picked Windows over
| Linux for reliability.
|
| The answer is that Linux has nothing to do with any of this: Microsoft simply
| hung an anti-Linux label on a very carefully worded story about a pair of
| committed Microsoft partners, HP and Accenture, getting together with
| Microsoft to sell rather simple technology to a willing customer - and
| neither Linux nor Solaris is mentioned anywhere in the text.
`----
http://blogs.zdnet.com/Murphy/?p=1242
Furse should not resign, she should be sacked
,----[ Quote ]
| Comment The farce of the London Stock Exchange not only crashing but failing
| to get its systems up and running again should surprise no one.
|
| Well, no one except LSE boss Clara Furse, who demonstrates little
| understanding that technology is crucial to her business.
|
| Iâve worked for members of the London Stock Exchange and everyone agrees she
| is world-class at corporate presentations, but the evidence that she can
| actually run things is rather harder to come by.
|
| No one expects her to write FIX handlers, or optimise an order-matching
| engine, but her yes-men simply were not in the position to make any
| intelligent decisions on technology, if we look at the board of the LSE.
|
| Do we see anything that even looks like experience in technology? No. We see
| three from the media, and of course accountancy, but no mention of
| technology.
|
| To be sure, the CIO (not on the board) is ex-Accenture man David Lester. To a
| Reg reader, Accenture will be associated in the context of technology with
| the words âscrew upâ, âlateâ, and âover budgetâ. Clara Furse cannot be held
| responsible for problems with Cisco switches - one of the suggested
| culprits - but she is absolutely in the frame for the choice of senior
| management and strategic vendors.
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http://www.theregister.co.uk/2008/09/13/furse_lse_comment/
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