JP Morgan/Chase has been around since 1799, well the Chase part. They aren't
going to be replaced by some Fintech started by a guy/gal barely past puberty.
And if any Fintech gets it right, I suspect Jamie Dimon will just purchased
them and roll them into the bank.
On Wednesday, December 8, 2021, 09:33:21 AM EST, kekronbekron
<[email protected]> wrote:
Speaking of finance... changing gears a bit.
What's everyone's thoughts on the FinTech developments, digital bank, etc. ?
Are they all still just relying on MF for actually doing the work, and just
presenting a rosy image to customers and developers?
- KB
‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On Wednesday, December 8th, 2021 at 7:56 PM, Matt Hogstrom <[email protected]>
wrote:
> Its all about the workload. AWS is not a platform to run the world’s finances
> on but storing someone’s pictures or having applications where BASE is
> acceptable and provides accelerated innovation makes it better than the
> existing processes in many shops today.
>
> I have a truck and a Honda Pilot … I use each for their purposes and don’t
> criticize the Pilot for not carrying a load of dirt and my truck for gas
> mileage that is the not as good as the Pilot.
>
> Sorry for Amazon as I suspect a number of people are impacted and I’m glad
> the mainframe was up to buy my morning coffee.
>
> > On Dec 7, 2021, at 11:30 PM, Bill Johnson
> > [email protected] wrote:
> >
> > AWS had a larger & longer outage today, than all the outages on the
> > mainframes I’ve worked on in the last 30 years. Much worse. Yet, some here
> > think AWS is going to replace the mainframe for critical applications like
> > banking, health care, big retail, and insurance. Plus, the mainframe has
> > had plenty of negative posts here in the decades I’ve been involved. Nobody
> > dies when Netflix isn’t available. (One of the hits from today) people can
> > and do die if the drugs they need aren’t available because the computer
> > system is down.
> >
> > Sent from Yahoo Mail for iPhone
> >
> > On Tuesday, December 7, 2021, 11:01 PM, kekronbekron
> > [email protected] wrote:
> >
> > Not at anybody in particular:
> >
> > Do we have to make snide remarks because someone else had an outage?
> >
> > Don't we remember the times when things on the mainframe itself went south?
> >
> > Has every site's MF env. been 100% available through all these decades?
> >
> > Is it wrong to fail sometimes?
> >
> > Is this the attitude with which you'd like to retire, holding onto precious
> > remarks and burning the path behind you as you leave?
> >
> > What does that say about one's mentality and outlook in life?
> >
> > - KB
> >
> > ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
> >
> > On Wednesday, December 8th, 2021 at 3:54 AM, Ronald Wells
> > [email protected] wrote:
> >
> > > Pretty pic/web pages make the $$ did you not get the memo
> > >
> > > -----Original Message-----
> > >
> > > From: IBM Mainframe Discussion List [email protected] On Behalf Of
> > > John McKown
> > >
> > > Sent: Tuesday, December 7, 2021 2:57 PM
> > >
> > > To: [email protected]
> > >
> > > Subject: Re: AWS is down.
> > >
> > > ** EXTERNAL EMAIL - USE CAUTION **
> > >
> > > Oh, but they advertise that they can replace mainframe. Well, maybe the
> > > processing. But not the on site reliability. Of course, for WFH, the
> > > internet is the week point. And, most likely, also the home equipment. I
> > > just had to reboot my Windows PC at home because it decided to stop
> > > talking to my internet router.
> > >
> > > On Tue, Dec 7, 2021, 12:49 Bill Johnson <
> > > [email protected]> wrote:
> > >
> > > > Amazon Web Services is down. I can’t get to my pictures. Glad we don’t
> > > >
> > > > have our mainframe running there.
> > > >
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