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May 24, 2007

New York Stock Exchange Migrates to Linux

by @ 10:35 am. Filed under General Linux, Linux migrations, Linux News

It is dang near impossible to keep track of all the Linux migrations these days. In my course, I talk about a large part of them, but they keep ocurring at such an alarming rate, I can’t keep tabs on them all. The latest one to come to my attention is the migration to IBM AIX and Linux servers by the New York Stock Exchange. Apparently, one of the main reasons they did this was for the huge savings it would provide.

From the article: “Francis Feldman, the vice president of the shared data center for Securities Industry Automation Corp. (SIAC), the NYSE’s technology arm, said the bottom line for the migration was the bottom line. He estimates the move will halve the cost of transactions, and though he wouldn’t detail how much that would mean on a yearly basis, he said it is ‘serious financial savings, very serious.'”

Take a look at the rest of the article here.

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