[ Thanks to Michael
S. Mimoso for this link. ]
“Today, Linux-based applications are being used to manage and
make large sums of money in the financial services industry.
Meanwhile, applications for businesses outside the financial
services space are few and far between. Only two open-source
financial products–Nola and SQL-Ledger–have gained much notice in
the business world.“Linux’s viability as an enterprise financial applications
platform is a given in the financial services industry, according
to IBM Corp. executive John Vitkus. Many, if not the majority of
financial services companies have already opted for Linux, or at
least have ‘a very clear strategy for when they will deploy,’ said
Vitkus, IBM’s program director for Linux in the financial services
sector. They know that ‘if they’re not using Linux, they’re behind
the times.’Wall Street’s endorsement gives Linux some street credibility,
but corporate IT shops need more than testimonials, according to
Sam Greenblatt, chief architect of the Linux technology group at
Computer Associates International Inc., in Islandia, NY. IT
administrators need Linux-based applications that will work well in
their businesses. Financial firms have the bucks to build their own
apps, but businesses outside the financial sector need
enterprise-ready, third-party products…”