3 ms·
> Some banks have spent hundreds of millions of dollars and several years migrating systems. The commonwealth bank in Australia, one of the biggest four banks
by tomlockwood 7y ago
> Some banks have spent hundreds of millions of dollars and several years migrating systems.
The commonwealth bank in Australia, one of the biggest four banks in the country, spent AUD$1B migrating away from COBOL.
https://increment.com/programming-languages/cobol-all-the-way-down/ https://increment.com/programming-languages/cobol-all-the-wa...
- flukus 7y agoI hear a lot about the uptime of cobol/mainframe based applications, but the entire Commonwealth Bank ATM and eftpos systems used to go down for an hour or two at 3AM every Sunday, back in the day this was nightclub close and time for a kebab and caught me out quite a few times. It's been much better since they migrated.
- Quiza12 7y agoNo extra onion sauce for you!
- quickthrower2 7y agoErgo you spent all your $ in the club!