By: Gabriele Svelto (gabriele.svelto.delete@this.gmail.com), January 31, 2013 3:51 am
Room: Moderated Discussions
David Kanter (dkanter.delete@this.realworldtech.com) on January 29, 2013 11:33 pm wrote:
> Banks are ridiculously conservative. There's a reason they are still using mainframes, VMS and Nonstop.
Banks are conservative but there's far more entities than banks involved in modern finance; privately owned trading firms, market makers and similar players now abound and you'd be surprised to see what can be deployed in their or in exchanges' data centers. And I mean *very* surprised. However while many of these players are comfortable with uncommon or even custom solutions I doubt they'd be interested in ARM servers.
> Certain applications might be a bit more modern, but frankly a lot of their workloads are not
> moving anywhere. You sure aren't going to run ATMs off a pile of servers that have no RAS.
Well, after having spent a couple of years in the financial sector I wouldn't be too sure of that. Just check out the recent RBS IT SNAFU to get an idea of how badly things can go even in a sector which has been long considered conservative and prudent.
> Banks are ridiculously conservative. There's a reason they are still using mainframes, VMS and Nonstop.
Banks are conservative but there's far more entities than banks involved in modern finance; privately owned trading firms, market makers and similar players now abound and you'd be surprised to see what can be deployed in their or in exchanges' data centers. And I mean *very* surprised. However while many of these players are comfortable with uncommon or even custom solutions I doubt they'd be interested in ARM servers.
> Certain applications might be a bit more modern, but frankly a lot of their workloads are not
> moving anywhere. You sure aren't going to run ATMs off a pile of servers that have no RAS.
Well, after having spent a couple of years in the financial sector I wouldn't be too sure of that. Just check out the recent RBS IT SNAFU to get an idea of how badly things can go even in a sector which has been long considered conservative and prudent.
