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This has also been affecting customers of Ulster Bank in Ireland. The biggest problem appears to be catching up on the backlog of transactions: "The bank proce
by hopeless 14y ago
This has also been affecting customers of Ulster Bank in Ireland. The biggest problem appears to be catching up on the backlog of transactions:
"The bank processed more than 110,000 transactions with a value of €500 million over the weekend" - http://www.irishtimes.com/newspaper/breaking/2012/0625/breaking6.html http://www.irishtimes.com/newspaper/breaking/2012/0625/break...
Does anyone else think that 110,000 transactions shouldn't take a whole weekend? Of course, we don't know exactly what a transaction involves but I would have expected this to take only a few hours at most. But, of course, I'm assuming modern hardware. It seems as if they just don't have the spare capacity to catch-up after an outage like this.
I wonder if this will make the conservative bank IT departments even more conservative or will they go in the opposite direction and realise the benefits of modern technology (performance, scalability and a pool of knowledgeable talent)?
- dasil003 14y agoIf it involves talking to other banks around the world then it seems reasonable.
- yardie 14y agoWhat? It's not like they are sending the transactions by post anymore. This is a colossal screw up and 2 weeks is unacceptable. I wouldn't stand for 2 weeks of downtime on my shitty little hosted website, 2 weeks from a bank would send me to the moon.
- dasil003 14y agoI'm saying 110,000 transactions could take all weekend if they're dealing with latency from a gazillion other banking system.
- qntm 14y agoThe only explanation for 110,000 transactions taking a whole weekend is if bank employees are handling them manually. That amount of work should take 60 seconds.
- hopeless 14y agoJust an update: Ulster Bank should be back to normal "next week": http://www.irishtimes.com/newspaper/breaking/2012/0626/breaking27.html http://www.irishtimes.com/newspaper/breaking/2012/0626/break... That's a two week outage. Is this sort of thing common in other countries?