I understand why all accumulated transactions have to be processed in the 
correct sequence if they are batched up daily, but why is an individual 
transaction not instantaneously and permanently processed with the results 
being committed right then?  Why is it necessary to run huge batches of 
transactions at night?   I am guessing that committing the transaction 
instantly would take too long for the average customer's patience when standing 
at an outdoors ATM in the rain.  Are there any other reasons?  When I buy an 
airplane ticket online, I get my whole transaction complete in one sitting and 
do not have to wait until the next day to receive confirmation of my 
reservation, but it always takes several minutes to do it online.

Bill Fairchild
Programmer
Rocket Software
408 Chamberlain Park Lane * Franklin, TN 37069-2526 * USA
t: +1.617.614.4503 *  e: [email protected] * w: 
www.rocketsoftware.com


-----Original Message-----
From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf 
Of J. Cassidy
Sent: Wednesday, June 27, 2012 9:58 AM
To: [email protected]
Subject: Re: 'Inexperienced' RBS tech operative's blunder led to banking 
meltdown

The Guardian has a version that is more or less readable, albeit meant for the 
man on the street.

Some of the comments are  rather "pungent".

http://www.guardian.co.uk/technology/2012/jun/25/how-natwest-it-meltdown?newsfeed=true

=> On Wed, 27 Jun 2012 09:49:03 -0400, Knutson, Sam <[email protected]> => 
wrote:
=>
=> <Big snip>
=>
=> Well put Sam.
=>
=>>
=>>The Register is fun reading sometimes but they rarely have enough detail =>> 
to get real insight into what actually happened.  So really anything we =>> say 
here is just idle speculation.
=>>
=>
=> Exactly what I told an old manager of mine who emailed me the
=> story after it started circulating at his office.   I told him to think
=> of it as the "National Enquirer of IT".  :-) => => Mark => -- => Mark Zelden 
- Zelden Consulting Services - z/OS, OS/390 and MVS => mailto:[email protected] 
=> Mark's MVS Utilities: http://www.mzelden.com/mvsutil.html
=> Systems Programming expert at http://expertanswercenter.techtarget.com/
=>
=> ----------------------------------------------------------------------
=> For IBM-MAIN subscribe / signoff / archive access instructions, => send 
email to [email protected] with the message: INFO IBM-MAIN =>


John Cassidy (Dipl.-Ingr.)

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EU



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http://www.JDCassidy.net

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