Latest Linux News: Finextra Research

Open source analytics start-up OpenGamma raises $6m

OpenGamma, a UK-based financial analytics start-up, has raised $6 million in a series b funding round led by FirstMark Capital.

17 January 2011

News/Linux

Financial services industry embraces open source - survey

Around 60% of financial services firms in the US, UK and Ireland say they are fully committed to, and are already using, open source software, according to a survey from Accenture.

05 August 2010

News/Linux

Deutsche Börse Systems taps open source for real-time risk

Deutsche Börse's IT unit is working with open source vendor Red Hat as it bids to enable real-time transaction risk management for financial services clients.

03 March 2010

News/Linux

Chi-X races to adopt faster messaging technology

Chi-X has signed an agreement with IBM to install its high speed messaging technology. This move is part of a larger race among liquidity providers to increase the speed of their services.

17 September 2009

News/Linux

Linux Foundation launches branded credit card

The Linux Foundation is set to launch a Visa credit card featuring its Tux mascot for people who want to contribute to the operating system's development.

29 July 2009

News/Linux

Handelsbanken taps IBM and Red Hat for virtualisation

Sweden's Handelsbanken has deployed virtualisation technology using Red Hat Enterprise Linux on IBM's System z servers and operating system.

22 April 2009

News/Linux

CME Group joins Linux Foundation

Derivatives exchange operator CME Group has joined the Linux Foundation, with its associate director Vinod Kutty taking on the chair of the organisation's end user council.

23 September 2008

News/Linux

Nyse Euronext selects Red Hat for move to Linux

Transatlantic exchange Nyse Euronext has migrated its electronic trading infrastructure to the Linux operating system under a deal with open source vendor Red Hat.

14 May 2008

News/Linux

Merrill Lynch hires Sanzone as chief administrative officer

Merrill Lynch has hired Thomas Sanzone - currently chief information officer (CIO) at Credit Suisse - to oversee its global technology, operations and corporate services groups.

04 March 2008

News/Linux

SNS Bank cuts costs in move to open source

Netherlands-based SNS Bank has realised cost savings of at least EUR200,000 by migrating its transaction processing applications to an open source platform.

22 October 2007

News/Linux

Misys looks to open source to boost business

UK banking-to-healthcare software vendor Misys is establishing an open source division, headed by IBM executive Bob Barthelmes, as it looks to boost its business by increasing revenues from consulting and maintenance.

24 July 2007

News/Linux

India's AGT Electronics to trial Linux-based biometric cash dispenser

Indian ATM and eftpos terminal manufacturer AGT Electronics is gearing up to launch a trial of its newly-developed Linux-based touch screen cash dispenser featuring biometric verification technology.

05 April 2007

News/Linux

HSBC to take advantage of Microsoft-Novell Linux agreement

HSBC has selected Suse Linux Enterprise as its standard Linux distribution and taken three-year support certificates from Microsoft as part of the Microsoft-Novell pact to increase interoperability between the two operating systems.

14 March 2007

News/Linux

CohesiveFT and LShift launch RabbitMQ open source messaging

CohesiveFT, a US provider of virtual appliances for financial industry data standards, has teamed with London consultancy LShift to develop RabbitMQ, an open source messaging application based on the Advanced Message Queuing Protocol (AMQP), championed by JPMorgan Chase.

05 February 2007

News/Linux

Euronext lays out MiFID trading strategy; Nasdaq talks up Turquoise threat

European exchange Euronext is to introduce a 'best execution' algorithm, real-time dissemination of off-orderbook trades and new transaction reporting services under preparations for the arrival of the EU-wide Markets in Financial Instruments Directive (MiFID).

01 February 2007

News/Linux

Top tier firms sign up to Microsoft Novell Linux pact

Deutsche Bank, Credit Suisse and AIG Technologies have put their weight behind the recently announced collaboration between Microsoft and Novell on interoperability between Windows and Linux.

21 December 2006

News/Linux

Finexpo switches venue to cope with rising numbers

Finexpo, the leading London conference and technology exhibition for City investment professionals, is set to celebrate its fifth anniversary with a move to a new venue in an effort to cater for rising delegate numbers.

24 November 2006

News/Linux

Euronext.liffe switches to Linux

Euronext.liffe, the international derivatives business of Euronext, is migrating its electronic trading infrastructure to the Linux operating system under an agreement with open source outfit Red Hat.

22 May 2006

News/Linux

Fiserv ships core banking package on Linux

Fiserv has released a Linux version of its core banking system ICBS.

17 May 2006

News/Linux

Société Générale boosts risk management with Linux switch

French bank Société Générale is reporting significant performance improvements on credit risk calculations after moving to a Linux-based Grid solution from incumbent vendor Algorithmics.

21 June 2005