Investment bank gives away product for free

Dresdner Kleinwort Wasserstein promotes open source movement with release of code for its openadaptor framework.

Investment banks usually arent associated with charity except perhaps when outbidding each other for donations at awards dinners. So when Dresdner Kleinwort Wasserstein DrKW gave away the source code for a project thats been three years and about $5 million in the making, the initial reaction of many was whats the catch

openadaptor, the fruit of that labour, is a software toolkit, an adaptor framework, written in Java. The intent of the framework is to simplify integration among different systems that would otherwise find it difficult to share data. It began its life as a simple solution to connecting the various legacy systems, such as those used for equity and...

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