TITLE

It's Finally Time for Banks To Learn New Languages

AUTHOR(S)
Sisk, Michael
PUB. DATE
October 2005
SOURCE
Bank Technology News;Oct2005, Vol. 18 Issue 10, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
19423311

 

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