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ZDNet/UK: IT Week: Linux move for e-trade app server

“Data-cacheing pioneer Persistence plans to port its PowerTier
application server to Linux this summer.

The PowerTier Enterprise Server is the software behind Instinet,
the fixed income bond electronic trading system built by Reuters,
which hosts more than 1000 complex transactions per second.
Instinet’s trading system uses PowerTier for EJB to send frequently
accessed data from core servers to a cacheing server.”

“Persistence’s move to Linux was customer driven. In the
same way, it dropped SCO Unix, DEC-Unix and NCR when the market
disappeared
, [Persistence CEO and co-founder Chris] Keane
said, ‘Dot-coms are moving to Linux on Intel. It is freely
available and it is a clean Unix variant. Developers know that if
they develop something on Linux there is a good chance of porting
it to a commercial Unix like Solaris. Support from the development
community will see it emerge as an alternative Unix.’ “

Complete
Story

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