IDG Contributor Network: Why banks love mainframes
If you’ve been following this blog, you may have seen me mention mainframes are popular with banks and financial institutions. In reading that again and again, you may have thought to yourself, “So what?” After all, banks are notoriously hidebound and slow to adopt new ideas (there’s a reason Mary Poppins’ Mr. Banks worked for the bank of London and not a toymaker to represent being conservative and slow to change.)
And slow to change though the banks may be, what they most certainly are not is impractical. Banks don’t just love mainframes because that’s what they’ve always used. They love mainframes because they’re the right tool for the job: a tool with power.
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