Banks will "maybe" be done with COBOL in ten years (efinancialcareers.com)

2 points by ingve 1y ago ↗ HN

4 comments

[ 4.6 ms ] story [ 23.5 ms ] thread

Which is what they said in 1990 as well.

Why is it so hard to replace? Are the algorithms just that good / impenetrable? Is the language particularly well suited for the task?

Theres a whole mainframe ecosystem of schedulers, databases, disk formats, batches, 3270 screens etc that are hard to replace piecemeal

Fully translated to F77 by then ...