Rules For Success – LCAS
LCAS is a strange one, that went on to have a profound effect on my life. I was employed by Lloyds Bank as a consultant to program a system to work out how much the individual transactions in a bank actually cost them.
The system actually was used by the bank for nearly twenty years and was only retired when they couldn’t find a PDP-10 to run it on.
I never got the contract for the replacement system, as that went to one of the major consultancy firms. Lloyds dismissed my proposal on the grounds that I was too small an organisation and couldn’t offer the support they wanted. Twenty years of support didn’t could for anything!
Banks have never understood technology and especially anything that involves risk. After all the collective noun for bankers is a wunch!
I’ve only ever met one decent banker with intelligence. David was on the committee that proposed LCAS and later by chance was my personal branch manager. Over the years we became firm friends.
The Anonymous Widower 
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