4 ms·
there are many medium size banks that have a mainframe or two at the heart of their system.
by sremani 4y ago
there are many medium size banks that have a mainframe or two at the heart of their system.
- tgv 4y agoEven small banks. Basically every bank that was around 20 or 30 years ago started with mainframes (or very large minis) and still uses them. I'm not in that business, but I've seen the server rooms, and I haven't heard of a bank switching over to a rack of PCs, yet. There might be, but that would still hundreds, perhaps a thousand banks in Europe alone running on large-ish iron. There might be less mainframes in total, though. The bank where my parents worked had 4 at different sites, but now runs on a single one, AFAIK.
- kevin_thibedeau 4y agoUnisys ClearPath Dorado is just a fancy Xeon machine running an emulator.
- freitasm 4y agoBut the OS, database, network definition and workflow languages are still proprietary. Which goes back to the original question: where is that knowledge store/discussed?
- rejectfinite 4y agoInside the company. Not gonna be a youtube tutorial lmao
- Moissanite 4y ago"Sup nerds, today we're going to be writing some COBOL, but first don't forget to hit the bell and smash that subscribe button..."
- bob1029 4y ago> I haven't heard of a bank switching over to a rack of PCs, yet. Right. The main limitation is the core software platform. This is an extraordinarily complex system that requires expensive regulatory sign-off/audit/etc. There are some vendors in the space who are trying to do a new bank + new core. Even if someone had an awesome x86 clustered core system with 100% regulatory approval, any existing mid-tier bank converting to it would be an ~8 figure ordeal.