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Home > Infotech > International > Business Deal
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NYSE Euronext Opts For Red Hat Enterprise Linux NYSE Euronext Opts For Red Hat Enterprise Linux
 
Will add several hundred more Red Hat Enterprise Linux subscriptions in the coming 18 months.

EFY News Network  (947)

Thursday, May 15, 2008:  NYSE Euronext has deployed solutions from Red Hat -- Red Hat Enterprise Linux and Red Hat Network -- for its financial trading platform. With Red Hat solutions, NYSE Euronext is said to have realised greater flexibility, freedom from vendor lock-in, cost savings and the ability to handle heavy workloads while producing rapid performance results.
"Linux gave us the flexibility that we desired, and we felt that this was right for our environment. We decided to pursue it full speed ahead. We needed a good partner and found one in Red Hat. We were looking for a partner that was offering reliable software and one that would help and advise on architecture while providing the value of trusted support services. Red Hat satisfied our objectives," said Steve Rubinow, chief information officer, NYSE Euronext.

Today, key components of NYSE Euronext's high-speed trading environments rely on Red Hat Enterprise Linux and are managed by Red Hat Network. Rubinow added, "The pace of electronic trading has picked up dramatically, and across the enterprise, the 6.5 hours that comprise the main part of our trading day includes the processing of billions of messages. With the combination of speed, cost, reliability and functionality pushed to the limit, we have to outperform the competition in each category."

With new development and ongoing conversion activities, NYSE Euronext will add several hundred more Red Hat Enterprise Linux subscriptions in the coming 18 months. Red Hat solutions are expected to play a pivotal role in NYSE Euronext's next-generation global trading platform.

EFY News Network


 
 
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