Morgan Stanley Saves $150M Via Linux-Intel
FRONT PAGE: OPENSOURCE TRADING SYSTEMS
NEW YORK--By the end of this year, Morgan Stanley will have achieved $150 million in IT infrastructure savings because of its aggressive embrace of Linux-Intel computing, says a source familiar with the situation.
A great deal of those savings have been derived from Linux-Intel deployments for its trading rooms, says the source. The rest of the savings will come from the deployment of Linux-Intel platforms for the corporate side of the firm such as human resources, law, finance, credit and risk.
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