The Anonymous Widower

Bank Regulator Says Bank IT Systems Are Antiquated

This article from the BBC, tells how a senior regulator thinks that the IT systems of UK banks are antiquated. Here’s the jist.

A regulator from the Bank of England has told the inquiry into Northern Ireland’s banking system that he is a “very long way” from being able to say that UK banks have robust IT systems.

The Prudential Regulation Authority, should publish an on-line list of all the computer failures, that we could all see. After all, you wouldn’t want to transfer your account to a bank with a crap computer system, would you?

January 10, 2014 - Posted by AnonW | Computing, Finance | Banks, Customer Service