The new face of open source on Wall Street
May 20, 2009, 22:32 (1 Talkback[s])
(Other stories by Matt Asay)
"I've seen this in my own business: open-source applications are
suddenly the less risky choice, given the need to get more for
less.
"But the more dramatic shift for Wall Street right now is that
it is considering open-source alternatives for fundamental,
industry-specific applications, applications like Marketcetera's
open-source trading platform, which I've called "a lifeline to the
hedge fund industry" because it enables the industry to become more
efficient and more productive. REvolution Computing, Esper, and
others are also benefiting from this shift."
Complete
Story
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(Apr 07, 2009)
