At a city booze up the one of the managers of a mate of mine was saying that whenever he saw a spread sheet on the trading floor he though it was a failure and a potential point of serious trouble. He was right of course. Auditors hate them. Each on should be a proper application or part of one.
I am as guilty as anyone for having loads of old tat. I've cleaned things up since I've had time whilst I was poorly, but there is still loads of rubbish running.
What makes me laugh is that there is a massive load of rubbish holding the City together. Just think how bad it would be if they did recruit "The best of the best, of the best, of the best. SIR".
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Second Contract In Finance - My Thoughts
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Second Contract In Finance - My Thoughts"
Collapse
-
Originally posted by Mich the Tester View PostI have a little theory that the next major banking crisis could be a software crisis; bank loses tulipload of money in a system nobody knows or understands; back-ups fail due to untested rollback mechanisms; major tulip hits banking system. World blames 'software experts' when tulip hits the fan.
I know for a fact that a bank we all own now was run on spreadsheets for 7 working days when the core banking system went down.
Traders were told to hold all of their positions unless it was critical to offload it. IIRC, most of the ****ers emptied their entire books.
Leave a comment:
-
Originally posted by minestrone View PostThe best one is...
"can you check if that value is correct"
"well what is the calculation?"
"we don't know, can you not look in the program and see what it is meant to be doing?"
Leave a comment:
-
Originally posted by minestrone View PostThe best one is...
"can you check if that value is correct"
"well what is the calculation?"
"we don't know, can you not look in the program and see what it is meant to be doing?"
I was once in a team that was asked to take a look at the code in a banking system to see what was going wrong with some orders it sent to the markets. We said 'sure, just show us the source code and we'll take a look', to which the response was 'erm, source code; what...?'
Leave a comment:
-
Originally posted by HairyArsedBloke View PostBy which point the only people in the business are the Bob's so it will all be their fault.
Equally, all the skills that the west had would have gone so it the banks will be stuck with the Bob's even though they caused it.
Leave a comment:
-
The best one is...
"can you check if that value is correct"
"well what is the calculation?"
"we don't know, can you not look in the program and see what it is meant to be doing?"
Leave a comment:
-
Originally posted by Mich the Tester View PostI have a little theory that the next major banking crisis could be a software crisis; bank loses tulipload of money in a system nobody knows or understands; back-ups fail due to untested rollback mechanisms; major tulip hits banking system. World blames 'software experts' when tulip hits the fan.
Equally, all the skills that the west had would have gone so it the banks will be stuck with the Bob's even though they caused it.
Leave a comment:
-
Originally posted by minestrone View PostI found a document that described a core module in a large pension provider as...
"written in the 60s and 70s"
"unable to be rewritten as nobody knows how it works"
Leave a comment:
-
I found a document that described a core module in a large pension provider as...
"written in the 60s and 70s"
"unable to be rewritten as nobody knows how it works"
Leave a comment:
-
Originally posted by HairyArsedBloke View PostOne of my last contracts back in the last century, I had to go into the server room with one of the PMs and an Ops guy to find out what was wrong with the server running our app. We misread the location and opened up a cabinet to find a rack of old IBM ATs. Half of 'em had died. There was a modem that looked like it go some infrequent traffic. There was no indication of what they were for. Ops guy say, "Frack knows what they are. Anyway, no my problem" and locks the cabinet up again.
There was no interest in finding out what they were for. They could still be there.
Leave a comment:
-
Originally posted by Mich the Tester View PostAt one major international bank where I've worked they have approximately 2500 applications running on their servers according to their own 'estimates'. Truth is they don't know. They estimate that a half of those apps are empty of any data but can't be taken down because they act as interfaces for other apps, and because they've fired all the people who knew what the apps do and outsourced admin to Mr B Shawadiwadi, who knows even less about them.
Most of those apps are not present in test or acceptance environments, meaning that tests have to be carried out with lots of stubs or manual workarounds to simulate an app whose behaviour is unknown to anyone, and no test manager can really give a meaningful prediction as to behaviour in production. Testing´s often a bit of a waste of time anyway as whatever you´re testing will go into production however slipshod it is. Quite how they find auditors who are mad enough to sign their accounts defeats me.
Someday some large sums of money are going to missing in one or more of these apps and nobody will have the slightest clue where to look for them.
Still, good for contractors´ pockets.
There was no interest in finding out what they were for. They could still be there.
Leave a comment:
-
Originally posted by Spacecadet View Post
Seriously, this is a problem I had about 10 years ago
So I made sure that any long jobs on the system would redirect the user to a holding screen whilst the job ran. The "please wait" screen would automatically take them to the results screen when the process was finished.
That was the application I wanted to put in 'special screens' targeted to the individual that would display big font text for a second in between normal naviagtion. Have a table to configure user, time and text.
"Oi, Charlie, ya a useless bawbag"
Would have liked to have seen the JIRA for that
"JIRA 3423: User claims application called him a 'useless bawbag'"
Leave a comment:
-
At one major international bank where I've worked they have approximately 2500 applications running on their servers according to their own 'estimates'. Truth is they don't know. They estimate that a half of those apps are empty of any data but can't be taken down because they act as interfaces for other apps, and because they've fired all the people who knew what the apps do and outsourced admin to Mr B Shawadiwadi, who knows even less about them.
Most of those apps are not present in test or acceptance environments, meaning that tests have to be carried out with lots of stubs or manual workarounds to simulate an app whose behaviour is unknown to anyone, and no test manager can really give a meaningful prediction as to behaviour in production. Testing´s often a bit of a waste of time anyway as whatever you´re testing will go into production however slipshod it is. Quite how they find auditors who are mad enough to sign their accounts defeats me.
Someday some large sums of money are going to missing in one or more of these apps and nobody will have the slightest clue where to look for them.
Still, good for contractors´ pockets.
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Five tax return mistakes contractors will make any day now… Jan 9 09:27
- Experts you can trust to deliver UK and global solutions tailored to your needs! Jan 8 15:10
- Business & Personal Protection for Contractors Jan 8 13:58
- ‘Four interest rate cuts in 2025’ not echoed by contractor advisers Jan 8 08:24
- ‘Why Should We Hire You?’ How to answer as an IT contractor Jan 7 09:30
- Even IT contractors connect with 'New Year, New Job.' But… Jan 6 09:28
- Which IT contractor skills will be top five in 2025? Jan 2 09:08
- Secondary NI threshold sinking to £5,000: a limited company director’s explainer Dec 24 09:51
- Reeves sets Spring Statement 2025 for March 26th Dec 23 09:18
- Spot the hidden contractor Dec 20 10:43
Leave a comment: