LOLOLOLOL ok, another know it all with nothing to back it up. 44 of the top 50 banks run a mainframe. Where you injected demand deposits wasn’t even mentioned. Not relevant to the argument. https://www.precisely.com/blog/mainframe/6-industries-mainframes-king
Sent from Yahoo Mail for iPhone On Saturday, December 11, 2021, 7:09 PM, Joe Monk <[email protected]> wrote: Not true... Jack Henry runs AS/400, not mainframe. Joe On Sat, Dec 11, 2021 at 5:33 PM Bill Johnson < [email protected]> wrote: > Nearly every bank in the world runs a mainframe. That’s a fact. > > > Sent from Yahoo Mail for iPhone > > > On Saturday, December 11, 2021, 6:26 PM, Joe Monk <[email protected]> > wrote: > > Bill, > > Youre barking up the wrong tree man. Most banks dont run their own DDA > (demand deposit accounting) applications these days. > > Most of them use a service provider ... like Jack Henry... > > https://www.jackhenrybanking.com/core-solutions/pages/cif-2020.aspx?__hstc=252117398.ee51269a9c40b203bbef53ca208aa325.1639265144977.1639265144977.1639265144977.1&__hssc=252117398.1.1639265144977&__hsfp=2849849003 > > Joe > > On Sat, Dec 11, 2021 at 4:03 PM Bill Johnson < > [email protected]> wrote: > > > Not in my wallet. How did they like the AWS outage? I looked at their > > Facebook page. Looks like a bunch of unhappy customers. 1 bank out of the > > top 100. Impressive. > > > > > > Sent from Yahoo Mail for iPhone > > > > > > On Saturday, December 11, 2021, 4:55 PM, Clark Morris < > > [email protected]> wrote: > > > > On Saturday 11/12/2021 at 4:33 pm, Bill Johnson wrote: > > > Banks will never do what’s economical at the expense of risk. > > > Mitigating risk is what banks do. The mainframe continues to get MORE > > > ECONOMICAL, safer, more uptime, faster. The clouds have been around > > > for a decade or more and how many banks have transitioned to the > > > public cloud from a mainframe? > > > > > > > Capital One? > > Clark Morris > > > > > > > > > > > > Sent from Yahoo Mail for iPhone > > > > > > > > > On Saturday, December 11, 2021, 3:10 PM, Tom Brennan > > > <[email protected]> wrote: > > > > > > And that's where we disagree. Banks will do whatever is most > > > economical > > > that still meets their needs. If x86-cloud doesn't meet those > > > requirements today, they stay on the mainframe. Tomorrow... only the > > > shadow knows. > > > > > > People say OS/2 was far better in design, operation, and security than > > > Windows, but it's gone now. Sometimes the "best" system is simply > > > what > > > everybody else is using. Got to go now because I just put in a > > > betamax. > > > > > > On 12/11/2021 10:51 AM, Bill Johnson wrote: > > >> > > >> Do you put your DR placement right across the street from your data > > >> center? Consolidation is bad. Exposure for everyone in the same place > > >> is a disaster waiting to happen. Like last week. It’s why truly > > >> important functions like banks don’t do clouds. > > >> > > >> > > >> Sent from Yahoo Mail for iPhone > > >> > > >> > > >> On Saturday, December 11, 2021, 1:46 PM, Tom Brennan > > >> <[email protected]> wrote: > > >> > > >> Of course... military has the money (the $500 hammer?) to have > > >> redundancy on their redundancy. Business installations normally can't > > >> justify those costs. > > >> > > >> However, I think if we looked close we both might be surprised at all > > >> the various baskets AWS has behind the scenes. But like any basket > > >> collection, there are always single points of failure. > > >> > > >> On 12/11/2021 6:06 AM, Bill Johnson wrote: > > >>> > > >>> You’ve just described what the mainframe does for an organization. > > >>> But, I don’t want every organization to have its eggs in one basket > > >>> any more than I want every nuclear weapon in one silo. > > >>> > > >>> > > >>> Sent from Yahoo Mail for iPhone > > >>> > > >>> > > >>> On Saturday, December 11, 2021, 2:01 AM, Tom Brennan > > >>> <[email protected]> wrote: > > >>> > > >>> I don't agree (surprise!) I've always advocated putting all your eggs > > >>> in > > >>> one basket, and then taking really good care of that basket with > > >>> backups, DR, procedures, dual this, dual that, etc. > > >>> > > >>> On 12/10/2021 5:55 PM, Bill Johnson wrote: > > >>>> > > >>>> This paragraph concerns me. > > >>>> One of the founding principles of the early Internet design was > > >>>> decentralization – by design, a single fault would not be able to > > >>>> take out everything. In a way, today’s reliance on large cloud > > >>>> providers removes the benefits of decentralization; we rely on the > > >>>> scalability, cost effectiveness, and flexibility of today’s SaaS and > > >>>> Cloud offerings yet we are potentially putting all of our eggs into > > >>>> one basket. This same statement applies to CDNs, as seen with the > > >>>> recent Akamai outage from this past summer. > > >>>> This was one of the drawbacks we experienced when our GM subsidiary > > >>>> (and all GM subsidiaries eventually) combined into EDS data centers. > > >>>> Charlotte was where ours was located. If the mainframe went down in > > >>>> Charlotte, multiple GM subsidiaries were screwed. Costing GM tens of > > >>>> millions in highly paid union labor twiddling their thumbs. > > >>>> If an ETSY business owner selling crocheted scarves has a 4 hour > > >>>> outage, it’s probably not that bad. If an auto plant, bank or > > >>>> brokerage, health care provider, insurance company, or airline is > > down > > >>>> for 4 hours, it could be disastrous. > > >>>> Clouds aren’t all they’re cracked up to be. > > >>>> > > >>>> > > >>>> Sent from Yahoo Mail for iPhone > > >>>> > > >>>> > > >>>> On Friday, December 10, 2021, 8:00 PM, Mark Regan > > >>>> <[email protected]> wrote: > > >>>> > > >>>> Since this topic is still somewhat active, I thought I'd forward > this > > >>>> link. > > >>>> > > >>>> https://www.thousandeyes.com/blog/aws-outage-analysis-dec-7-2021 > > >>>> > > >>>> Regards, > > >>>> > > >>>> Mark Regan, K8MTR, EN80tg > > >>>> CTO1 USNR-Retired (1969-1979 active; 1979-1991, reserves; including > > >>>> two > > >>>> years with the Ohio Air National Guard) > > >>>> Nationwide Insurance, Retired, 1986-2017 (z/OS Network Software > > >>>> Consultant) > > >>>> Email: [email protected] > > >>>> LinkedIn: https://www.linkedin.com/in/mark-t-regan > > >>>> > > >>>> > ---------------------------------------------------------------------- > > >>>> For IBM-MAIN subscribe / signoff / archive access instructions, > > >>>> send email to [email protected] with the message: INFO > > IBM-MAIN > > >>>> > > >>>> > > >>>> > > >>>> > > >>>> > ---------------------------------------------------------------------- > > >>>> For IBM-MAIN subscribe / signoff / archive access instructions, > > >>>> send email to [email protected] with the message: INFO > > IBM-MAIN > > >>>> . > > >>>> > > >>> > > >>> > ---------------------------------------------------------------------- > > >>> For IBM-MAIN subscribe / signoff / archive access instructions, > > >>> send email to [email protected] with the message: INFO > IBM-MAIN > > >>> > > >>> > > >>> > > >>> > > >>> > ---------------------------------------------------------------------- > > >>> For IBM-MAIN subscribe / signoff / archive access instructions, > > >>> send email to [email protected] with the message: INFO > IBM-MAIN > > >>> . > > >>> > > >> > > >> ---------------------------------------------------------------------- > > >> For IBM-MAIN subscribe / signoff / archive access instructions, > > >> send email to [email protected] with the message: INFO > IBM-MAIN > > >> > > >> > > >> > > >> > > >> ---------------------------------------------------------------------- > > >> For IBM-MAIN subscribe / signoff / archive access instructions, > > >> send email to [email protected] with the message: INFO > IBM-MAIN > > >> . > > >> > > > > > > ---------------------------------------------------------------------- > > > For IBM-MAIN subscribe / signoff / archive access instructions, > > > send email to [email protected] with the message: INFO IBM-MAIN > > > > > > > > > > > > > > > ---------------------------------------------------------------------- > > > For IBM-MAIN subscribe / signoff / archive access instructions, > > > send email to [email protected] with the message: INFO IBM-MAIN > > > > > > ---------------------------------------------------------------------- > > For IBM-MAIN subscribe / signoff / archive access instructions, > > send email to [email protected] with the message: INFO IBM-MAIN > > > > > > > > > > ---------------------------------------------------------------------- > > For IBM-MAIN subscribe / signoff / archive access instructions, > > send email to [email protected] with the message: INFO IBM-MAIN > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
