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cantankerous has previously reported the growing anger of the Irish government with RBS. In an unusually candid statement issued yesterday, Ireland’s central bank has expressed its growing impatience with the continuing and unresolved RBS IT fiasco: 28 June 2012 The Central Bank of Ireland is concerned by the unacceptable continuing delays by Ulster Bank in fully resolving its systems [...] At last, a mainstream broadcaster begins to question the RBS PR spin that the NatWest and Ulster Bank fiasco, still not over, has nothing to do with its sacking of hundreds of experienced and highly-qualified UK staff as part of its massive outsourcing and offshoring strategy. cantankerous has already exposed how overnight batch support was moved abroad with [...] RBS is currently spinning that it has recovered 99% of the financial transactions of its RBS and NatWest customers and the mainstream media seem quite happy with this. But anyone with even a rudimentary understanding of finance and data knows that this means that the data recovery process at RBS has probably not worked as it [...] UPDATE 13:57 26/6/12: I’ve just been told that, as expected, this CV has now been deleted. I wonder why Infosys and RBS would want confirmation of the Infosys work on batch processing on RBS’s IBM mainframes deleted? Couldn’t be anything to do with what the RBS CEO, Stephen Hester, said, denying there is any link between offshoring, [...] When you think about it, a modern bank is nothing more than its IT core system and confidence. There is no gold in its HQ any longer, or incredibly wealthy owners or partners; RBS’s shareholders are certainly much poorer than they were. So, if people were worried about not being able to get their money out [...] |
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