Bank Technology News: Linux Woos Wall St.

“It is fair to say that wall street is neither a place given to
bouts of whimsy, nor one inclined to tolerate that trait in others.
But when executives began first learning about Linux, an operating
system with an open-source code created in the early 1990s, they
had no choice but to face the Linux mascot: a youngish penguin
sitting unceremoniously splay-legged on his behind, with the blank,
food-coma expression of a bird that has gorged itself on one too
many herrings. A well-dressed mascot for sure, but still not the
kind of image the button-downed executives were accustomed to
seeing.

“Yet as unlikely as the pairing between the financial services
industry and this little penguin might at first have seemed, there
is now downright excitement. It turns out that Linux can help Wall
firms accomplish a task it prizes above almost all else: cutting
costs…”

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