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[News] Finance Done with GNU/Linux

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21 of the Best Free Linux Financial Software

,----[ Quote ]
| The repercussions of the credit crunch have continued to occupy headline news 
| in recent weeks. We have witnessed the demise of Lehman Brothers and 
| Washington Mutual, the rescue of AIG, Fannie Mae and Freddie Mac, the sale of 
| Merrill Lynch, the proposed merger of Lloyds TSB and HBOS (which would never 
| have been permitted under normal circumstances), and the list goes on.    
`----

http://www.linuxlinks.com/article/20080927164237918/Financial.html

Five programs you can afford in a financial meltdown

,----[ Quote ]
| 3) Quicken: GnuCash Chances are you've heard of the other programs I've 
| mentioned, but GnuCash 2.2.7 may be new to you. It shouldn't be. It's an 
| outstanding money management program. And, if there's anything we need right 
| now, it's some good money management.   
| 
| [...]
| 
| What I will point out though is that no one in their right mind runs Windows 
| without security software. That means people buy, at a minimum, an anti-virus 
| program. If you go for the whole she-bang of anti-virus, firewall, anti-spam, 
| etc. etc., Norton Internet Security 2009 will sock your wallet for $50. Linux 
| doesn't need a lot of that junk and what it does need, like a firewall, comes 
| bundled in it.      
`----

http://blogs.computerworld.com/five_programs_you_can_afford_in_a_financial_meltdown


Recent:

Wall Street becoming Linux stronghold

,----[ Quote ]
| Wall Street firms increasingly are buying into Linux, but some still need
| convincing that open source licensing and support models won't make using the
| technology more trouble than its worth.
`----

http://www.networkworld.com/news/2008/061208-linux-wall-street.html


Wall Street still likes Linux, but for new reasons

,----[ Quote ]
| A few years ago, financial services firms tended to point to low cost and
| customizability of components as their major reasons for turning to Linux and
| open source. But at the Linux/Open Source on Wall Street show today,
| panelists devoted more of their remarks to topics such as multi-OS server
| consolidation on mainframes and creating realtime Linux applications for PC
| servers, aptly reflecting the growing complexity of software environments in
| financial firms and elsewhere.
|
| [...]
|
| Speaking with BetaNews later, however, Graves said that, in his opinion, the
| main benefit of Linux right now is that Linux appllications will run --
| either virtualized, or not -- on virtually any hardware system, including X86
| PCs and mainframes.
|
| Credit Suisse's Bubba, meanwhile, views the main benefit of Linux as lying in
| its wealth of real-time applications.
`----

http://www.betanews.com/article/Wall_Street_still_likes_Linux_but_for_new_reasons/1207083805


NYSE Euronext banks on Red Hat

,----[ Quote ]
| If anyone out there persists in believing that Linux isn't ready for serious
| prime time, NYSE Euronext's dependence on Red Hat should finally lay that
| silly notion to rest. As announced, the New York Stock Exchange Euronext
| dumped its proprietary UNIX heritage (AIX, HP UX, Solaris) for the freedom,
| flexibility, and performance of Linux.
`----

http://www.cnet.com/8301-13505_1-9942680-16.html?part=rss&tag=feed&subj=TheOpenRoad


Marketcetera Targets Buy-Side with New Open Source Algo Trading Platform

,----[ Quote ]
| Similar to the way the Linux operating system was developed by a community of
| software programmers, Marketcetera is drawing upon the methods of open source
| development to create a framework for building automated trading systems.
`----

http://www.advancedtrading.com/tradingsystems/showArticle.jhtml?articleID=207801096&cid=RSSfeed_AdTrade_News


The Big Board Goes Linux

,----[ Quote ]
| The largest stock exchange on Earth is a Linux shop.
`----

http://itmanagement.earthweb.com/osrc/article.php/3747076/The+Big+Board+Goes+Linux.htm


Report: Red Hat, SAS among top tech companies

,----[ Quote ]
| Red Hat and SAS are two of the 30 most influential technology companies in
| the world, according to a report released Tuesday by the Aberdeen Group.
`----

http://www.bizjournals.com/triangle/stories/2008/05/12/daily14.html


Open Source at Wall Street: Groundwork gets momentum in the Financial Sector

,----[ Quote ]
| Groundwork, the provider of the open source based IT management and network
| monitoring solution, is getting momentum in financial services environments.
`----

http://robertogaloppini.net/2008/08/27/open-source-at-wall-street-groundwork-gets-momentum-in-the-financial-sector/


Related:

Linux steps up to power NZ Stock Exchange

,----[ Quote ]
| The New Zealand Stock Exchange is moving to a Linux platform for its
| settlement and clearing system, replacing its existing HP NonStop platform
| and applications in order to reduce cost and increase flexibility.
`----

http://computerworld.co.nz/news.nsf/news/F586239BCCA7593FCC2573F00001488E


HP Linux servers bolster NYSE trading app

,----[ Quote ]
| "We favor Linux for what we do. We don't want to be beholden to any one
| [hardware or software] supplier, even if it is very good. We want the freedom
| to be vendor-independent, so Linux was a good choice," said Rubinow.
`----

http://searchenterpriselinux.techtarget.com/originalContent/0,289142,sid39_gci1285921,00.html
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