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More foreign banks switching to Linux

Posted on 04 May 2002 by Demian Turner

A New Zealand bank has become the latest institution to adopt the open-source Linux operating system. According to reports, the bank is to move all its branches to the Linux platform.

New Zealand’s TSB Bank will join a growing number of companies that are moving to Linux. The bank was not immediately available for comment, but if European examples are anything to go by, then software licensing and hardware upgrade costs are likely to feature among the reasons.

In Europe, BP and Banca Commerciale Italiana feature among the big companies that have moved to Linux. According to IBM, as many as 15 banks in central London are running Linux clusters. Korean Air, which now does all its ticketing on Linux, and motorhome manufacturer Winnebago, are high-profile examples. Even IBM is taking big doses of its own medicine.

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