Monday, June 11, 2018

COBOL in the sandbox?

In 2017, Reuters published the following findings from a piece of research conducted by Celent, Accenture, IBM and others, into the technology supporting major US banking systems:
  • 43% of banking systems are built on COBOL
  • 80% of in-person transactions use COBOL
  • 95% of ATM swipes rely on COBOL
  • 220 billion lines of COBOL are in use today
Sure, why not?

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