It's Finally Time for Banks To Learn New Languages

Sisk, Michael
October 2005
Bank Technology News;Oct2005, Vol. 18 Issue 10, p19
Trade Publication
The article discusses the need to learn new computer languages by the banks of the U.S. The recent trends point that banks that have been developing core banking applications since the year 1970 and are still relying on those codes are experiencing increase in costs to manage those systems while the pool of talent that understands those systems is decreasing. So, this is a high time for the banks to begin planning a conversion of those applications to a more flexible databases running on Microsoft or Oracle.


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