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Re: DB2 entering Wall Street. Will Oracle be left behind??

From: Jim Kennedy <kennedy-family_at_attbi.com>
Date: Wed, 13 Nov 2002 14:53:25 GMT
Message-ID: <FHtA9.17687$ME6.11250@rwcrnsc53>


FUD.
Sybase is essentially dead and most of the financial institutions don't use Sybase. (gross generality) NASDQ uses Oracle for example. (for recording trades) If you desire to learn DB2 (which flavor, its different on different platforms) go ahead.
Jim
"Ronnie Yours" <ronnie_yours_at_yahoo.com> wrote in message news:aqtl84$e12$1_at_nntp-m01.news.aol.com...
> Hi,
>
> I read an article that JP Morgan is entering into an agreement with IBM to
> outsource its tech operations.
>
> http://biz.yahoo.com/djus/021113/0018000026_2.html
>
> This means that IBM will start using DB2 as soon as it gets a chance as
> their database of choice instead of Sybase which JPM currently uses.
>
> Also its just a matter of time when others on wall street will follow
suit.
> Even if they dont outsource their tech to IBM they might start using DB2
as
> their database. Why do I say this. Because thats what history has told us.
> The whole financial induatry uses sybase even though there are and always
> were other choices available. I think they just maintain a standard across
> board. The move from sybase to some other database needed a big move from
> somebody who is large enough to make a significant impression on the whole
> industry and JPM is large enough.
>
> This might take some time but eventually it will happen.
>
> Does this mean that its time to start learning DB2.
>
> Ronnie
>
>
Received on Wed Nov 13 2002 - 08:53:25 CST

Original text of this message

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