Morgan Stanley Hastens Linux Move

INFRASTRUCTURE

NEW YORK--Morgan Stanley says that a network architecture it has had in place since the mid-1990s has been critical to its swift migration to Linux, an effort outlined at last week’s Linux World conference in New York.

The open-source operating system has become a key part of Morgan Stanley’s plan to put 80 percent of its applications on "commodity" Intel-based hardware by 2007; it is actually ahead of this plan and may get there as soon as 2005, officials say.

In May 2001, Morgan Stanley tapped

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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