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South American bank switches to Linux - ZDNet UK News

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  • Raul Bermudez
    http://news.zdnet.co.uk/hardware/0,39020351,2086009,00.htm South American bank switches to Linux Will Knight ZDNet UK May 03, 2001, 16:06 GMT Bank chooses the
    Message 1 of 1 , Dec 31, 2004
      http://news.zdnet.co.uk/hardware/0,39020351,2086009,00.htm

      South American bank switches to Linux

      Will Knight
      ZDNet UK
      May 03, 2001, 16:06 GMT

      Bank chooses the free operating system in 'landmark' deal for financial
      institutions

      Venezuela's Banco Mercantil has become one of the world's first major
      financial institutions to port its back-end infrastructure to Linux, the
      open source operating operating system that is built by volunteer
      programmers around the world, distributed for free and yet now provides
      proprietary software vendors with serious competition.


      Banco Mercantil -- one of the largest banks in Venezuela with 375 branches
      -- has already replaced 30 NT servers with a single IBM mainframe, a S/390
      G6, running the SuSE flavour of Linux, and plans to move its Sun and HP
      servers over to Linux shortly.

      "This landmark project is a breakthrough for Linux in the banking sector and
      is yet further evidence that Linux for the enterprise is here today," said
      John Morris, vice president, IBM eServer z900 in a statement. "The
      combination of Linux and the mainframe provides Banco Mercantil with the
      superior technology necessary to meet the demands of the uncompromising
      financial sector."

      The deal also illustrates the commercial viability of open source software
      such as Linux, said Dirk Hohndel, chief technical officer for SuSE Linux.
      "SuSE Linux, with IBM's mainframe server, delivers a powerful,
      high-performing and economical solution for the banking industry," he says.

      However, the deal also coincides with Microsoft decision to step up
      opposition to software groups that promote freely sharing software code.
      Senior vice president of Microsoft Craig Mundie is expected to make a speech
      today at the Stern School of Business at New York University claiming that
      the open source movement poses a threat to companies' intellectual property.
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