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A comment on Big banks need IT reform almost as badly as regulatory change .

Re:Big banks need IT reform almost as badly as regulatory ch... by motters on Friday July 23, 2010 @12:08PM (#1541568)
One of my previous jobs involved applications used by some banks, and I got to see how archaic some of the hardware still in use was. In one bank - to remain anonymous but is a well known name - they were still using a 25 year old computer system, which was older than I was at the time.
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Re:Big banks need IT reform almost as badly as regulatory ch... by byrneseyeview on Friday July 23, 2010 @02:02PM (#1541912)
I know of one dearly-departed bank that used a mainframe system so ancient that there was only one company left that supported it. Since the early 90's, that company had had just one customer.
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