Interesting People mailing list archives
IP: Y2k BoJ August report
From: Dave Farber <farber () cis upenn edu>
Date: Sat, 14 Nov 1998 11:03:04 -0500
Date: Sat, 14 Nov 1998 08:40:19 +0900 (JST) X-Sender: gatton () popmail gol com To: fukuzawa () ucsd edu From: William Gatton <japan () dyned com> Subject: Y2k BoJ August report Mr Gittler points us to an interesting doc from BoJ. A quick read indicates that most critical testing of integrated financial and securities systems will be undertaken next summer (late June). This is on par with most developed countries. Does not leave a great deal of time for remediation if large unexpected issues are encountered. But the odds are that such issues will only be encountered after 00.1.1. The best tests can not be entirely predicative (ask your friendly, neighborhood hedge fund Nobel Lauriate). The BoJ report section on contingency planning suggests that quite a bit less contingency planning is underway. A Reuter's article quotes a Gartner's Group exec that Germany and Jpan have a 50% chance of majr systems failure, US, UK, Australia rated at 15%, Russia and CHina as facing the 'most widespread danger from the chaos which some expect..." http://www.y2ktoday.com/modules/news/newsdetail.asp?id=520&feature=&type= _____________________________________________________________________ David Farber The Alfred Fitler Moore Professor of Telecommunication Systems University of Pennsylvania Home Page: http://www.cis.upenn.edu/~farber
Current thread:
- IP: Y2k BoJ August report Dave Farber (Nov 14)