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The actual report by the FCA: https://www.fca.org.uk/publication/final-notices/tsb-bank-plc-2022.pdf https://www.fca.org.uk/publication/final-notices/tsb-bank-p
by orf 4y ago
The actual report by the FCA: https://www.fca.org.uk/publication/final-notices/tsb-bank-plc-2022.pdf https://www.fca.org.uk/publication/final-notices/tsb-bank-pl...
- shaman1 4y agoQuite thorough report, some points that stand out from the summary: >SABIS was TSB’s principal outsourced provider >SABIS relied extensively on 85 third parties (TSB’s fourth parties) to deliver the systems required for the migration and the operation of the platform, which required it to act as a service aggregator. It amazes me the sheer complexity of a retail bank software system and I suspect most of it is due to legacy systems, legal requirements and lack of regular spring cleaning.