| Can Linux break into banks? |
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What kind of progress is Linux making in financial services, and is it anywhere near challenging Microsoft's dominance? Linux's appeal is obvious: Anyone can make changes to the source code and redistribute it. And since no one "owns" Linux, this brings obvious development and licensing cost savings to Linux users.
In financial services, Linux's greatest inroads have been made in the back office. One area where it has scored well over Windows and UNIX is in terms of pure processing power. Consider the situation at banking software company ABK Systeme, based in Germany. It had requests from users for transaction rates of 100 million per day, peaking at up to 20 million an hour.
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