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American Banker.com: Why Linux Made Inroads At Financial Institutions

[ Thanks to Andrew Sova
for this link. ]

“When the loss of about 1,000 computer servers in the World
Trade Center attacks put Lehman Brothers in the market to buy
millions of dollars of systems, it looked at a slightly unorthodox
option: Linux, an operating system that is as noteworthy for its
speed as for the fact that its source code is free.

“Now that it has tested a Linux system in-house, Lehman plans to
replace about half of the lost servers with ones that use this
technology.

“‘We want to push as much as we can into that space,’ said
Bridget O’Connor, a Lehman senior vice president and its global
head of architecture and engineering technology.

“While Lehman has not yet signed a contract to install Linux,
its testing showed that the system runs about twice as fast as its
existing server system at roughly one-quarter of the cost, Ms.
O’Connor said. ‘So where we needed 24, now we need 12–that’s
compelling…'”


Complete Story

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