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For hecks sake just put the foot down and cancel the money going to the tardy vendors. Cutting off the money supply magically fixes software issues fdast.
by hoodoof 9y ago
For hecks sake just put the foot down and cancel the money going to the tardy vendors.
Cutting off the money supply magically fixes software issues fdast.
- osullivj 9y agoLast year I contracted for a mortgage origination system vendor supplying Virgin Money aka Northern Rock. The client preferred to run a heavily customised Windows C++ 90s version of the system, with XP desktops. All attempts to persuade them to move two generations forward to a browser GUI .Net back end were resisted. Migrating forward two generations would have been a huge project. The status quo was a heavily customised, almost bespoke, system that was booking huge volumes of business.
- tixocloud 9y agoI totally hear you. Any transformation to push forward new technology in financial services requires multiyear projects and thousands if not millions of dependency checks, testing and upgrades that may or may not bring in the additional revenue that would make the effort worthwhile. Factor in the fact that systems knowledge might also be scarce and you can see why no one wants to go through the pain.