28-01-14, 01:20 AM
(27-01-14, 11:25 PM)fazersharp link Wrote: So you trust the banks and you beleive all you are told by the mainstream meidia
How about the Tech Media? From The Register:
Quote:[...] the group’s IT infrastructure is a known to be a patchwork of dated systems cobbled together through acquisitions over recent years of other banks.
The Lloyds core customer system that handles main payments is a Unisys system dating from the 1980s. Operations at Halifax, Bank of Scotland (HBOS) and TSB have now also been converged on this system.
The ATMs across the group are known to be provided by NCR, which is understood to also run the network.
However, IT chiefs are now breaking up the IT system as TSB spins out of Lloyds to become a “new” bank.
The group has also slashed IT jobs and sent them packing to India in waves of restructuring. It outsourced 593 positions in March 2012 and a further 200 in January 2013.
Chris Skinner, chairman of the Financial Services Club, who in the past has warned of an increased risk of IT-related outages striking banks and financial institutions, told The Reg the Lloyds crash was the latest example of dated systems being overstretched.
“They expose all the back end systems to the stresses and strains of payment in a mobile business age. These systems were built for overnight batch updates,” he said.