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Posts Tagged ‘linux’
Enterprise IT, Featured, News - Wednesday, May 1, 2013 16:06 - 38 Comments
news Small Australian bank Members Equity Bank (ME Bank) has issued a joint statement with Microsoft claiming that using Linux as its core operating system underpinning its new core banking platform would cost $100,000 more than using a platform based on Windows Server 2012, but without providing any evidence for its claim.
In a statement issued overnight by Microsoft, ME Bank, which is a small bank based in Melbourne, noted that historically it had depended on two core banking systems — a Windows–SQL-based product called NTBS that managed all savings and deposits; and a Solaris-based product called ULTRACS for loans and transactions products.
“Updating our legacy banking systems was becoming increasingly difficult,” said Jem Richards, Enterprise Architect, ME Bank. “Any level of change required custom development, which meant bringing in specialists from outside. This cost us tens of thousands of dollars a year, caused delays and stymied innovation.” Continue…
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