Category Archives: financial

Yahoo: Wall Street Embraces Linux

Yahoo News is reporting on Merrill Lynch’s ‘top down’ efforts to deploy RedHat Linux in its organization: ‘…Merrill’s plans, and others like it, are very significant because they are the first companywide–rather than departmental–Linux implementations…”We are telling all of our vendors that they need to have some kind of Linux strategy,” says Carey, chief technology architect at Merrill. “We are hearing that consistently from everyone on Wall Street.”…one of the big benefits that Carey sees is that Merrill can write an application once and then deploy it with minimal work on mainframes, minicomputers, desktops, laptops and handhelds–whether it be on Intel (NasdaqNM:INTC – news) hardware or something else…’