NYSE migrates to IBM and Linux
Thursday 17th May 2007
On 17th May 2007, at 22:37pm PKT, Atif said:
Nice info. I do believe that Linux has come a long way and is now very mature, stable and seems better than Solaris in many aspects.
On 17th May 2007, at 23:19pm PKT, Anonymous said:
Solaris has it's plus points.... then again some say BSD is king.
Solaris on x86 is not worth talking about IMO. Linux is the way. Probably end up eating Solaris plus points in the coming years.
A lot of banks cant move away from legacy systems in UK. I know of one MAJOR bank where the interests rates are manually coded in through assembler. The programmer, a woman has been retired for some time. She is the only one at the moment who understands the old hardware, system well enoughto do the job with any reliability. Looks like UNIX will still stay for quite some time, you cant deny provided rock solid stability.
On 17th May 2007, at 23:23pm PKT, Anonymous said:
I also know of a bank that had a new core system in EU. Brought it over to UK and has a commercial advantage like NYSE. Even 0.5% saving in rates is a massive difference for the bank. Been the difference in going under or bumper profits.
On 18th May 2007, at 01:16am PKT, Mike Dolan said:
I completely agree (although am admittedly biased to Linux) - and I'm so tired of hearing Solaris guys say that Solaris is so much better than Linux. There are financial institutions and governments who run Linux on mainframes powering some of the world's most critical systems and for some reason Solaris guys keep putting it down... Then there are the ones who had open minds and switched - they don't even give a second thought to Solaris anymore. Why lock yourself into Sun when everyone else is going with Linux??
The bank coding in rates in with assembler is hilarious. At least they upgraded from punch cards...
Nice post btw; I too am glad to see the penguin going further.
On 24th May 2007, at 02:50am PKT, 11011011 said:
I like Linux, but ZFS looks so good that I'm going to try Solaris at home now.