Re: Is VMS losing the Financial Sector, also?

OM also operate a lot of the exchanges, and they own a lot of kit - they
are
a very important VMS client. EVen so, they know what way the wind is
blowing and expect VMS and Rdb to go the way of the dod as soon as
technically possible.

Yeah but they're clearly also very shrewd; they've managed to lump HP with
all the dead-wood, talentless RTR development and support o/head whilst at
the same time getting it given to their Click customers for free! Their just
not gonna find suckers like that every day.

Cheers Richard Maher

PS. Hold on! Rumours of another HP head-count reductions mean that Capt'n
RTR must already be positioning his team as the WS-AT solution for SOAP and
WSIT on VMS. Honestly, if you didn't laugh you'd cry :-(

"Dr. Dweeb" <spam@xxxxxxxxx> wrote in message
news:46568520$0$21926$157c6196@xxxxxxxxxxxxxxxxxxxxxxxx
Richard Maher wrote:
Hi JF,

Rumours abound that NASDAQ will want be buying OMX, the operator of
many scandinavian stock exchanges, and more importantly, the
developer of VMS-based stock exchange software sold to many stock
exchanges around the world.

When OM Gruppen failed in its bid for the London Stock Exchange (Is
"LSE" the London School of Economics?) I thought someone may try to
turn the hunter into the hunted, but that was a few years ago now.
Where exactly are these rumours abounding?

The ASX just went OM Click (and must be retiring its home grown VMS
app) and wasn't the Shanghai exchange another big win recently?
Although it's built with RTR (and therefore fundamentally flawed) you
have to say this software's bloody popular! I'm not a businees guru
but I just can't see OMX's software division disappearing anytime
soon. (Now whether *they* can port to another platform and if it's
ever in their interests to do so, could be another matter)


Shanghai is based on the Deautsche Börse/Swiss Stock Exchange software,
not
OM.

AFAIK OM has been trying to move to OracleClassic on a 5 year plan that
started, well, quite a bit more than 5 years ago, and they are apparently
not much closer to getting the job done or getting it to work.

OM also operate a lot of the exchanges, and they own a lot of kit - they
are
a very important VMS client. EVen so, they know what way the wind is
blowing and expect VMS and Rdb to go the way of the dod as soon as
technically possible.

Dr. Dweeb

Cheers Richard Maher

"JF Mezei" <jfmezei.spamnot@xxxxxxxxxxxxx> wrote in message
news:1fbd8$46563c1c$cef8887a$1838@xxxxxxxxxxxxxxx
Rumours abound that NASDAQ will want be buying OMX, the operator of
many scandinavian stock exchanges, and more importantly, the
developer of VMS-based stock exchange software sold to many stock
exchanges around the world.

With European markets having overtaken the USA ones last year, NASDAQ
has been desperate to buy into a european exchange. They failed to
impress LSE (London) shareholders and hoppefully they will also fail
to get OMX.

One of the reasons non-USA companies have chosen european over US
exchanges recently is the US Sarbanes Oxley rules which are very
onerous on companies. And there are fears that a US owned exchange
in Europe would eventually have to force listed companies to also
abide by USA rules. (Euronext is now owned by NYSE and it remains to
be seen what will happen to its business)

So, if NASDAQ gets its hands on OMX, there is no telling what will
happen to the VMS software. Not long ago, I had heard on ainterview
with the president of OMX who stated that the software business was
very important to OMX.

However, if folks like Stallard at HP have already comvinced NASDAQ
that VMS is to be retired, NASDAQ may force OMX to stop development
on VMS.


Note that Deutsche Börse (sp ?) bought into the International
Securities Exchange (ISE) in New York. But this is neutral to VMS
since both are VMS shops.




.

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