NYSE Moves To Linux

Francis Feldman, the vice president of the shared data center for Securities Industry Automation Corp. (SIAC), the NYSE’s technology arm, said the bottom line for the migration was the bottom line. He estimates the move will halve the cost of transactions, and though he wouldn’t detail how much that would mean on a yearly basis, he said it is “serious financial savings, very serious.”

It says a lot about Linux when a massive financial institution puts such faith in it in order to save them money. It’s not only reliable, but efficient.

Source: Search DataCenter