Re:The IBM mainframe: How it runs and why it survives
by mschuster91 on Monday July 24, 2023 @02:10PM
(#36852039)
> But also, for some reason, the business manager love the saboteurs. It’s insane to watch.
Because they keep the shit running. If you're a bank and responsible for trillions of dollars in assets and billions of dollars in daily transactions, the absolutely last thing you can afford is downtime or, even worse, data loss. You'll not just have to handle a ton of angry customers, but in the worst case attract regulatory attraction or getting dragged in front of Congress and the courts.
Here in Germany, Deutsche Bank is integrating 12 million accounts from Postbank to their own IT systems, and it has been an utter utter shitshow [1], attracting a lot of bad press and the banking regulator BaFin is also investigating [2].
Because they keep the shit running. If you're a bank and responsible for trillions of dollars in assets and billions of dollars in daily transactions, the absolutely last thing you can afford is downtime or, even worse, data loss. You'll not just have to handle a ton of angry customers, but in the worst case attract regulatory attraction or getting dragged in front of Congress and the courts.
Here in Germany, Deutsche Bank is integrating 12 million accounts from Postbank to their own IT systems, and it has been an utter utter shitshow [1], attracting a lot of bad press and the banking regulator BaFin is also investigating [2].
[1] https://www.merkur.de/leben/geduldsprobe-fuer-postbank-kunde...
[2] https://www.sueddeutsche.de/wirtschaft/deutsche-bank-postban...