LinuxPlanet: Linux Rising in Financial Firms; But Some Users Wonder Why | Linux Today

LinuxPlanet: Linux Rising in Financial Firms; But Some Users Wonder Why

Written By
Web Webster
Web Webster
Apr 27, 2006

“Among early adopters of Linux, Wall Street looms as tall as its
skycrapers. But why are some financial services firms starting to
take giant steps into Linux, and what stands in the way of even
bigger penetration? At this week’s Linux on Wall Street show in New
York City, participants gave often opposing views on these and
related issues, including the question of whether Wall Street gives
back to the open source community as much as it gets.

“In both formal presentations and casual conversations, few
disputed Wall Street’s role as a major force behind open source
deployments. Yet some financial IT folks admitted to lingering
doubts about the overall value of Linux to their
organizations…”

Complete
Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

Linux Today Logo

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.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

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.