| Linux steps up to power NZ Stock Exchange |
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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.
The delivery of “phase one” is due at the end of February, and the whole system is expected to go live in Q4 this year, completely replacing the current system, says Stuart Turner, NZX’s head of strategy and projects, who leads the project.
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