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I did some contracting for a retail bank a good while back and the COBOL source for the term deposit interest calculation routine had been lost a few decades ea

by derriz 2y ago

I did some contracting for a retail bank a good while back and the COBOL source for the term deposit interest calculation routine had been lost a few decades earlier but was still in use. I suggested a rewrite but there was no enthusiasm/support for it - especially as my prototype could not exactly reproduce the rounding. Nobody wanted to have to deal with customer communications to explain why one cent of interest was being paid a month earlier or later than before.

jmclnx 2y ago
> suggested a rewrite but there was no enthusiasm/support for it Been there :) Yes, you always get a "no" for doing that.
SonOfLilit 2y ago
Ahaha I'm also working with a bank and "customer communications" is a really nice euphemism for "barrage of class action suits". I'm sitting here in the office laughing out loud.