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eWeek: Linux Comes to Wall Street

Apr 28, 2005, 16:00 (1 Talkback[s])
(Other stories by Peter Galli)

"Long relegated to menial file and print server duties in most enterprises, Linux is now playing a mission-critical role in financial trading and other highly sensitive networks on Wall Street. The traction in the financial sector is part of broader Linux adoption growth, which is expected to continue through this year and next, according to Deborah Williams, an analyst at IDC, in Framingham, Mass.

"'On Wall Street, time is money, and for 2005 the buzzword is going to be latency. If you can speed things up and address that latency, you can make more money,' Williams said..."

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