London securities launches the Linux operating system platform

Thanks to the popularity of Linux, many companies are currently using the Linux operating system platform. According to the International Banking System Journal report, the London Stock Exchange (LSE) will use MillennuimIT's Linux-based operating System platform, to replace the existing TradElect-based Microsoft provided and supported by Accenture.. NET platform.

It is understood that MillenniumIT has been bought by LSE for $ 30M and is the core plan of LSE.

"New technologies are lightweight, fast, and easy to install," said David Lester, LSE's Information and Technology director ".

The report also mentions that the new platform is not only Linux, but a mix of Linux and Solaris.

LSE plans to migrate itself and its Italian subsidiary (Borsa) to the new platform.

After the new platform is installed, LSE is expected to save 2011/2012 in the 10 million period. It is estimated that it will take 18 months to implement the plan.

Leater said that the. NET platform is already good, but it is replaced to "more control, reduce costs, and build and innovate capabilities.

The Linux operating system platform will be increasingly supported by enterprises.