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Every large bank is the merger of thousands of banks, and the it systems are just strapped together.
by pavpanchekha 3y ago
Every large bank is the merger of thousands of banks, and the it systems are just strapped together.
- pylua 3y agoI get that, but Wells Fargo didn’t just have a major merger did it? The real problem with the mergers is that the system are too complex for the analysts and architects to understand, and the software mirrors that. The knowledge is also distributed across a huge array of people that have no reason to change the status quo to keep their knowledge valuable to the bank.