American Banker.com: Why Linux Made Inroads At Financial Institutions
Apr 12, 2002, 16:00 (29 Talkback[s])
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"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
"'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