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 Wall Street Embraces Linux

Forbes reports on the adoption of Linux at Merrill Lynch.

"Initially it was about cost savings but it has been a benefit to the business because we're profiting from being more flexible," says Steve Yatko, chief technology officer of securities IT at CSFB. "Our trading volume has increased [twenty-fold], and our customers are seeing better pricing. And things that used to take days [like installing applications and doing management tasks] now take minutes."

 (Submitted by Noel Thu Mar 28, 2002 )

  


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