I'm aware. I'm also aware that the largest processor was MBNA, now a part of BofA. I used to write code for them.
Joe On Sat, Dec 11, 2021 at 6:43 PM Bill Johnson < [email protected]> wrote: > The top 50 banks process the vast majority of transactions. Bank of > America runs a mainframe. > > > Sent from Yahoo Mail for iPhone > > > On Saturday, December 11, 2021, 7:37 PM, Joe Monk <[email protected]> > wrote: > > "44 of the top 50 ..." > > "Nearly every..." > > Which is it? Theyre not the same. > > So did I. I worked for BofA and a lot of its predecessor banks (Republic, > First Republic, NCNB, NationsBank...) > > Joe > > On Sat, Dec 11, 2021 at 6:33 PM Bill Johnson < > [email protected]> wrote: > > > 44 of the top 50 run mainframes. I’ve posted link after link. I worked > for > > a bank. > > > > > > Sent from Yahoo Mail for iPhone > > > > > > On Saturday, December 11, 2021, 7:28 PM, Joe Monk <[email protected]> > > wrote: > > > > "nothing to back it up" ... > > > > Except the banks that are my customers that dont run mainframe. > > > > Joe > > > > On Sat, Dec 11, 2021 at 6:22 PM Bill Johnson < > > [email protected]> wrote: > > > > > 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 > > > > > > > ---------------------------------------------------------------------- > > 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
