Here’s some comments from the ING CEO. From 2016. Speaking to The Register, he confirmed the finance giant still ran mainframes: “You won’t find a bank without a mainframe, unless recently established.”
But, he continued, “We are extremely aggressively moving away from them.” This was not because “a mainframe in itself is a bad technology. It’s maybe one of the most virtualised environments ever invented, even before the whole hypervisor was there.” "Intrinsically," he said, "there’s two problems. [Firstly] They’re not real-time in their connectivity." *************** Utter BS. Sent from Yahoo Mail for iPhone On Thursday, April 6, 2023, 5:59 PM, David Crayford <dcrayf...@gmail.com> wrote: > On 5 Apr 2023, at 11:20, Bill Johnson > <00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote: > > I remember this. > David Crayford said: > ”I'm calling BS. None of the challenger banks (Startling, Yolt, Monzo, > Moneze, N26 etc) run mainframes. They have millions of customers and are > gaining millions by the week at the expense of traditional banks.” > > > > > My response > > Most of those “banks” aren’t banks and most of them are kaput. > > > > > How’s those challenger banks doing? > YOLT = owned by ING (who runs a mainframe) is being shut down.MONZO = CEO > jumped ship. Not going well.N26 = pulled out of the US. ING moved off the mainframe a couple of years ago. > MONEZE = actually spelled MONESE. Doesn’t look like they are replacing JP > Morgan any time soon.STARLING = tiny barely staying viable. > Many are charging fees now. Amazing that investors always want some revenue > (and eventually profit) to justify the investment. > Having millions of mostly poor customers isn’t exactly a booming business > model. > So I’ll repeat. 95% of banks use the mainframe. Not these fake banks. > > > > > > Sent from Yahoo Mail for iPhone > > > On Monday, March 27, 2023, 11:33 PM, Bill Johnson > <00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote: > > You said internet banking was going to destroy large banks. How’s that > working out? > Microfocus COBOL isn’t regular COBOL. And is a tiny fraction of the COBOL > market. > > > Sent from Yahoo Mail for iPhone > > > On Monday, March 27, 2023, 11:26 PM, David Crayford <dcrayf...@gmail.com> > wrote: > >> On 27/3/23 22:07, Bill Johnson wrote: >> +1 >> About a year or so ago I posted about the number of lines of COBOL code in >> use worldwide and stated COBOL was going to be the language of choice for >> many decades to come. Estimates say 800 billion lines (and growing) in use >> today. As usual, I was attacked for my fact based opinion. >> https://www.zdnet.com/article/programming-languages-how-much-cobol-code-is-out-there-the-answer-might-surprise-you/ > > Facts! You've quoted an article from the internet! > > "The study, commissioned by IT company Micro Focus and conducted by > research and analysis firm Vanson Bourne" > > Micro Focus is a vendor who hawks COBOL compilers and IDE's. It's a bit > like McDonalds commissioning research on the health benefits of Big Mac's. > > >> >> >> >> Sent from Yahoo Mail for iPhone >> >> >> On Monday, March 27, 2023, 1:56 AM, Farley, Peter >> <0000031df298a9da-dmarc-requ...@listserv.ua.edu> wrote: >> >> I am getting increasingly tired of snide or outright dismissive references >> to COBOL and by extension to COBOL programmers. >> >> Programmers like me. >> >> Yes, I am also well versed in HLASM, Rexx, awk and gawk, somewhat facile in >> SORT (at least as far as knowing and using JOIN's), SQL, JCL and various >> other z/OS utilities, MetalC, and lately python and bash scripting. I even >> remember some of the PL/I and Fortran and Pascal I used in college and my >> early employment days. I even remember some SNOBOL, which I actually got to >> use productively at a then-major NY bank very early in my career. >> >> COBOL pays my bills and keeps my employer operating successfully and >> profitably. >> >> COBOL does NOT rot the brain. Alcohol and various other legal and illegal >> substances can, in fact, do that. Intelligently devising business solutions >> to business problems in ANY computer language does NOT rot the brain. >> >> It is not funny or acceptable to say so. It never was. >> >> Peter >> >> -----Original Message----- >> From: IBM Mainframe Discussion List <IBM-MAIN@LISTSERV.UA.EDU> On Behalf Of >> Paul Gilmartin >> Sent: Sunday, March 26, 2023 8:14 PM >> To: IBM-MAIN@LISTSERV.UA.EDU >> Subject: Re: ASM call by value >> >> On Sun, 26 Mar 2023 23:18:49 +0000, Frank Swarbrick wrote: >> >> <Snipped> >> >>> In COBOL, for example, the following end up doing the same thing. >>> >> Do not use CO BOL as an exemplar of programming discipline. Cobol rots the >> brain. >> >> -- >> >> This message and any attachments are intended only for the use of the >> addressee and may contain information that is privileged and confidential. >> If the reader of the message is not the intended recipient or an authorized >> representative of the intended recipient, you are hereby notified that any >> dissemination of this communication is strictly prohibited. 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