Abstract

 Lefkowitz, Robert    Open Source at Merrill Lynch: "Free" as in "Market"   

Open Source at Merrill Lynch: "Free" as in "Market"

Abstract

Not only is open source software being increasingly used by financial institutions on Wall Street, but many firms have begun to contribute internally developed software to the world. The presentation looks at the similarities between  Merrill Lynch   Wall Street firms  open source software and free markets  , the factors motivating (and in particular) to migrate towards using open source software, strategies for changing the business model for consuming and providing software, and the direction Merrill Lynch is taking towards becoming a participant in the open source community.