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IBM uses blockchain to improve cross-border payments processing
Retail banking

IBM uses blockchain to improve cross-border payments processing

16 October 2017  |  12018 views  |  3 comments | 9 tweets | 18 linkedin

IBM is leading a project that uses public blockchain technology to make international payments in developing countries more efficient and less expensive.

Linux Foundation's Hyperledger Project boasts new members and code contributions
Blockchain

Linux Foundation's Hyperledger Project boasts new members and code contributions

09 February 2016  |  7090 views  |  0 comments | 10 tweets | 19 linkedin

The Linux Foundation-led Hyperledger Project has signed up 30 founding members from the technology and financial services sectors, with several donating code to the effort to build a cross-industry open standard for distributed ledgers.

SocGen private bank completes two-year project to migrate core banking system to the cloud

Luxembourg private bank Société Générale Bank & Trust has completed a two-year project to migrate its core banking system, comprising ten million lines of code, to a cloud computing architecture.

Barclays banks on cloud and Linux to slash development costs
Mobile & online

Barclays banks on cloud and Linux to slash development costs

10 January 2013  |  18857 views  |  1 comments | 19 tweets | 10 linkedin

Barclays Bank plans to slash software development costs by 90% by building a private cloud infrastructure and moving more applications to machines running the Linux open source operating system.

OpenMama project serves up first release; welcomes new participants

OpenMama, the middleware agnostic messaging API that went open source last year, has made available a new version and added IBM, Tick42 and TS-Associate to its steering committee.

Nyse Technologies open sources Mama API
Wholesale banking

Nyse Technologies open sources Mama API

31 October 2011  |  6815 views  |  0 comments

Nyse Technologies has taken its Middleware Agnostic Messaging Application (Mama) programming interface open source.

Qatar Exchange dumps IBM and Microsoft for Linux
Wholesale banking

Qatar Exchange dumps IBM and Microsoft for Linux

10 February 2011  |  9224 views  |  0 comments

Qatar Exchange has migrated from an IBM and Microsoft-based trading platform to open source technology from Red Hat.

Open source analytics start-up OpenGamma raises $6m
Risk & regulation

Open source analytics start-up OpenGamma raises $6m

17 January 2011  |  6731 views  |  0 comments

OpenGamma, a UK-based financial analytics start-up, has raised $6 million in a series b funding round led by FirstMark Capital.

Financial services industry embraces open source - survey
Retail banking

Financial services industry embraces open source - survey

05 August 2010  |  9468 views  |  0 comments

Around 60% of financial services firms in the US, UK and Ireland say they are fully committed to, and are already using, open source software, according to a survey from Accenture.

Deutsche Börse Systems taps open source for real-time risk

Deutsche Börse's IT unit is working with open source vendor Red Hat as it bids to enable real-time transaction risk management for financial services clients.

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