Guide to Financial Services Whitepaper

Adoption of LAMP Stack Improves Performance and Lowers TCO for Web and Data Warehouse Applications

The financial services industry has gone through a series of major evolutions over the past 10 years, including:

• Extensive consolidation through mergers & acquisitions
• Wide-reaching customer service and self-service applications available over the Internet
• A strong focus on maximizing ROI for IT investments

To help overcome the challenges created by these industry changes, financial services companies were among the first to widely adopt Linux for mission-critical uses, helping them more easily integrate disparate systems from mergers, provide web-based applications to better serve customers, and achieve dramatic cost savings.

Financial services companies now have taken the lead in adopting a more comprehensive open source middleware stack known as LAMP ? Linux, Apache, MySQL, PHP/Perl/Python. Because the price of software increases as one moves up the stack from operating system to middleware to databases, the cost savings of adopting an open source software stack are even more dramatic than with just the operating system alone.

The paper will illustrate how MySQL can help lower financial services organizations? total cost of ownership (TCO) in deploying an open software stack while allowing them to expand existing businesses, develop new products, and comply with an ever-growing number of regulatory and statutory requirements.

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