SJMercury/Reuters: Dresdner backs Linux-based software, a banking first | Linux Today

SJMercury/Reuters: Dresdner backs Linux-based software, a banking first

Written By
Web Webster
Web Webster
Jan 30, 2001

[ Thanks to George
Mitchell
for this link. ]

“The investment banking arm of Germany’s Dresdner Bank AG has
teamed up with Silicon Valley-based CollabNet to offer an
innovative system that thrusts Linux software into the heart of the
banking world.”

“Dresdner Kleinwort Wasserstein Tuesday plans to announce the
new software system based on Linux, Apache and other “open source”
Web software tools that could radically simplify and speed how
corporate clients move money within and among banks.”

“And in a move that would have once been considered an anathema
to the secretive banking world, Dresdner Kleinwort plans to freely
release its “openadaptor” plumbing software to programmers in the
the wider “open source” community.”


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.