As such, banks are evaluating the costs of commercial software versus the opportunity presented by open source software (OSS) to drive down IT costs.
But beyond cost pressures, other trends are leading to increased adoption of open source on Wall Street, such as regulatory pressure, the demand for application development to support mobile platform use, and the need to control the costs of innovation while accelerating time-to-solution.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
