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Home -> Community -> Usenet -> c.d.o.misc -> Re: open source PostgreSQL not supportable?
Christopher Browne wrote:
>>Marc Schoechlin wrote: >> >>>Hi ! >>>DA Morgan <damorgan_at_psoug.org> schrieb: >>> >>>>Some day open-source databases may be competitive with those built by >>>>the big three just as Linux is now competitive in the area of operating >>>>systems. But that day, for databases, is not today nor anytime within >>>>the next two to three years. >>> >>>This is FUD :-) >>>I used postgresql in software-projects for the first time in 2001 >>>for really business-critical systems without any real problems or >>>limitations. >> >>And precisely when did your implementation pass an ISO9000 audit? >> >>And which accounting firm agreed to sign off on the financial >>statements it produced?
>>Did the FTC agree that it meets the terms of FACTA?
>>Who audited it for Basel II compliance?
Correct - although confidence must be established with the regulatory bodies - hence XL doesn't cut it.
> Basel II is a regulatory mechanism to evaluate
> how financial institutions define their capitalization models. In a
> sense, it doesn't even exist yet.
Incorrect - the Accord is out there now - adoption is imminent. Most organisations would be assembling regression datasets to convince their regulators they are ready to throw the switch next year.
> Some countries plan to implement
> the accord in 2008;
Wrong - its 2007 for most countries, 2008 for the US and other wimps.
> that involves regulating _banks_, and their
> financial models, not the database engine implementors.
>
>>Or HIPAA?
You should still ensure as far as possible that it requires a conspiracy to subvert the system. Then add the Wayner factor!
>>Basically what you have written reads as: >>"I threw together something and it runs." >> >>Not to be too flip here ... but so can my mother.
Cheers, Frank. Received on Thu Jan 12 2006 - 08:51:19 CST
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