Re:Big banks need IT reform almost as badly as regulatory ch...
by anigbrowl on Friday July 23, 2010 @07:11PM
(#1542662)
It's not the idea of a mainframe in and of itself. It's that the longer you have such a system in place, the more difficult it becomes to update it.
The State of California still runs all its payroll processing via an ancient mainframe running COBOL. Making changes is difficult, fewer and fewer programmers are available to perform the work (and so it costs more) and the problem just keeps getting worse. Apparently they have been trying to replace it since 2004, but the legislature doesn't want to provide the $100 million that is supposedly required.
The State of California still runs all its payroll processing via an ancient mainframe running COBOL. Making changes is difficult, fewer and fewer programmers are available to perform the work (and so it costs more) and the problem just keeps getting worse. Apparently they have been trying to replace it since 2004, but the legislature doesn't want to provide the $100 million that is supposedly required.