this post was submitted on 08 Apr 2025
23 points (68.9% liked)
Technology
68723 readers
4836 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
IBM out there selling mainframes....
Time really is a flat circle.
IBM has never stopped selling mainframes. One of the big reasons why finance transactions are still COBOL is IBM consultants insisting that a centralized mainframe is better than a private cloud.
I can search it, but do you have a description of what type of finance transaction are being processed this way still?
Banking IT engineer here.
In our case, everything ‘core’: checking and savings accounts, loans and credits, credit and debit cards… anything requiring a sub-second response time while being bombarded with tens of thousands of transactions per second AND requiring strict ACID transactions end to end AND 24x7 availability with quick recovery in case of disaster.
Secondary stuff is being moved to other architectures. And new core stuff is being written in Java… and ran on the mainframe.