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Summary and Comments

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Category: 

Banking

Date: 

1998-01-06 22:17:05

Subject: 

The Most Advanced US Bank: Not Nearly Compliant

  Link:

http://www.amcity.com/boston/stories/010598/focus1.html

Comment: 

The Bank of Boston is generally regarded as the most advanced large US bank (#15) in its y2k repairs.

This story appeared in the Boston Business Journal (Jan. 5).

* * * * * * * *

The main challenge for the financial service industry is the sheer volume of electronic linkage. BankBoston currently has 54 of its 190 operation applications labeled Millennium certified.

Link: 

http://www.amcity.com/boston/stories/010598/focus1.html

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