Quote:
Originally Posted by Ralph Sir Edward
Mostly old but some new, as they are needed. Let me give you some examples.
Charge something on your credit/debit card? The computers that store, add up you bill, and write the bill - COBOL.
Get money from an ATM? The bank keeping track of you account balance - COBOL.
The computers that clear al the trades on Wall Street, write the dividend checks, pay the bond interest, and write the proxy information - COBOL.
Life Insurance/Annutities tracking? - COBOL.
COBOL is like the barges on the Rhine/Mississippi. It doesn't matter how fast the TGV trains/airplanes are goes, the barges will still be there.
|
Interesting. Is it a case of 'if it ain't broke don't fix it?'