Re: FW: Bank Databases

From: Matthew Zito <matt_at_crackpotideas.com>
Date: Tue, 26 Jun 2012 11:46:14 -0400
Message-ID: <CAJ7936z6VqRyh9Zyvspqu01h0ANsSh8SwamPxJPe-rntVLXFDg_at_mail.gmail.com>



So - bank infrastructure, if I can generalize, covers the whole spectrum of IT. I see banks that have moved most things to the latest and greatest, or the new hotness, whatever you want to call it - I recently had a conversation with a bank that has hundreds of nodes running Hadoop and using Pig to do statistical risk analysis. I know many banks are using large-scale compute grids for algorithmic trading.

Other banks, and some insurance companies, still do most of their heavy lifting on mainframes, more for the reliability and performance consistency than any real attachment to old code.

I see environments that are 0% mainframe to 70% mainframe. I would say the average is probably around 1/3 of their data compute infrastructure is mainframe.

Matt

On Tue, Jun 26, 2012 at 11:38 AM, Dennis Williams <oracledba.williams_at_gmail.com> wrote:
> List,
> Just a small curiosity on my part. Since most banks started decades, I
> would have assumed that the heart of the banking operations would be IBM
> mainframes (running custom COBOL code). I realize that over the years new
> applications will have been added that may include Unix, Oracle, etc.
>
> Dennis Williams
>
>
> --
> http://www.freelists.org/webpage/oracle-l
>
>

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Received on Tue Jun 26 2012 - 10:46:14 CDT

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