Re: Overcoming objections to Oracle

From: hpuxrac <johnbhurley_at_sbcglobal.net>
Date: 21 Nov 2005 11:04:24 -0800
Message-ID: <1132599864.525278.263600@o13g2000cwo.googlegroups.com>

#Assuming you are in the US, Japan or Western Europe the first thing
you
#should be thinking if in the banking industry is complying with
required
#laws. (If US) are you compliant with SarbOx? How about FACTA? How
about
#all of the other regs? I can't think of a single bank ... not BofA,
not
#Washington Mutual, etc. that is not an Oracle shop.

The OP said financial institution.

There are a very large number of things that could be viewed as financial institutions.

There are a very large number of those things that don't run oracle necessarily.

#There is zero excuse for any bank not being up 7x24 with fully
redundant
#systems. I've worked with several of the majors and not once have I
ever
#heard of the situation you are stating being tolerated.

Who said bank? Not the OP. Who said major bank?

I have never seen a major bank that did not have multiple different database systems operating simultaneously and passing critical information back and forth between different database systems.

But I am not sure that is relevant to this discussion. Received on Mon Nov 21 2005 - 13:04:24 CST