Is anyone else ready for the shitstorm that will be end of month wire issues? Ever since we got to the ISO platform, which everyone touted they took 3 years to work on and will absolutely work, I've had nothing but dissatisfied customers and wires either being caught in queue for too long, leaving the bank but reporting lagging for hours, or not even leaving the bank. I feel we have taken a major step backwards when it comes to technology and our senior leaders have no idea what's going on, which is sad and disappointing but not surprising. I now have to be online an extra 3 hours tomorrow just in case there are wire issues because instead of creating an in-house program with our tech team like other major banks, we naturally outsourced it to a third party at the cheapest price so we get what we pay for. And, we are also the largest bank to use this platform and I don't believe this platform can fully support the number of transactions that go through on a daily basis especially at any type of end, such as month end, quarter end, fiscal year end, etc
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What?
It’s probably because my mom died, a 73 yr old woman they’d require to be on call and working at 2am cause some d-mb id--t did some stupid programming mistake. And they didn’t even care about her dying OR BEING SICK. Poor woman didn’t even get to retire.
Global Sanctions will definitely be the problem when they roll out the updated screening platform Friday evening.
This is what happens when you fire all the competent IT engineers and replace postions with your buddies. You get this incompetent BS and it's only going to get worse.
Scharf doesn't care about the longevity of this bank. He cares about himself and leaving with a stock price reflective of cutting to the bone.