Moneyline Telerate in phase one of Linux migration

Moneyline Telerate in phase one of Linux migration

Moneyline Telerate says it has migrated much of its core market data content to a new proprietary ticker plant run on Linux.

The new platform, internally referred to as "Crucible", runs on IBM's xSeries eserver technology and uses Tibco Software's SmartSockets infrastructure to enable applications to communicate across multiple operating systems.

"Linux gives us a long-term advantage with continuous incremental feature and performance improvements and a strong development environment," comments Sean Gilman, Moneyline Telerate CTO. "We chose SmartSockets, because of its robustness, throughput and scalability and IBM because of the price performance ratios that xSeries on Linux provides."

According to Steve Schiff, SVP, global content infrastructure development, Moneyline Telerate: "We are currently in phase one of Crucible. This includes the majority of Moneyline Telerate's capital markets content. We perform aggregation and value added processing, and then distribute the information via the legacy Bridge technology."

Ultimately all content will be completely migrated away from Bridge data centres - currently hosted by Reuters following the sell-off of Bridge assets in the US - and disseminated solely by Crucible, he says.

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