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Bank of England takes a break from opining on banks’ IT outages to ‘fess up to forking needless cash on legacy kit, manual processes

Bank of England takes a break from opining on banks’ IT outages to ‘fess up to forking needless cash on legacy kit, manual processesMight want to stop throwing stones for a while… The Bank of England (BoE) has admitted to MPs there is “significant” room for improvement in its IT systems, which cost about a …

  • 13 Mar 2019
1 min read
Bank of England takes a break from opining on banks’ IT outages to ‘fess up to forking needless cash on legacy kit, manual processes
Might want to stop throwing stones for a while... The Bank of England (BoE) has admitted to MPs there is "significant" room for improvement in its IT systems, which cost about a third more than other central government organisations.…
Source: The RegisterPublished on 2019-03-13
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  • 13 Mar 2019

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