UK banks still run software code written more than 60 years ago
UK banks are still using software code that was written in the 1960s and 1970s, with only a handful of employees who understand them. According to a survey of 200 UK banks, 16% rely on software from the 1960s and almost 40% maintain 1970s code. The survey, from management consultancy Baringa, questioned senior managers who…
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