Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Patrese who wrote (11592)	5/17/1998 5:15:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 13949

[EDS] '...the problem (Y2k) is now front and center with their shareholders, employees and customers' Patrese, <<Your link for bank testing list is not working.>> Thanks! John _____ Credit Union Times Year 2000 in the pages of Credit Union Times Tech Bytes: EDS' bulked-up Year 2000 staff is paying dividends PLANO, Texas-EDS here beefed up its Year 2000 programming staff by 150 in the first quarter, with plans to hire another 350 by the end of the year. The move looks to be a good one, as the DP vendor has acquired seven new Year 2000 agreements in the first quarter. All seven of the companies signed to the agreements operate globally, including Norwegian Cruise Lines, Banc One Corp., and Adidas U.S. EDS recruiters continue to hire new programmers touting their compensation package which includes "no hassle" travel benefits like free dry cleaning and pet care and a special Millennium Bonus to be awarded in the Year 2000. "These new contracts are indicative of the positive relationships that EDS is building with CIOs around the world," said Stuart Reeves, executive vice president of EDS. "For those non-believers who thought the Year 2000 problem was just technical trivia, the problem is now front and center with their shareholders, employees and customers." For more information on EDS visit www.eds.com. cutimes.com

To: Patrese who wrote (11592)	5/17/1998 5:18:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 13949

[BANKING] Fascinating! Complete list of financial institutions involved in Y2k testing This is the link that did not work! You can click though to the statement of the individual financial institute...stating the kind of networks; platforms etc etc Found on the EC site: ispo.cec.be John __________ 'State of preparedness and testing of payment and settlement systems with respect to the Year 2000 Payment and settlement systems are an essential element of financial market infrastructures through which clearing organisations, settlement agents, securities depositories and the various direct and indirect participants in these systems are intricately connected. It is therefore imperative that such systems be adapted and certified early enough to ensure that they are Year 2000 compliant and, very importantly, to allow inter-institution testing. The Committee on Payment and Settlement Systems has created a reporting framework that operators of payment and settlement systems can use to indicate the state of preparedness and testing of their IT infrastructures with respect to the Year 2000. The framework distinguishes between the key components of such infrastructures, i.e. the central system(s), the network(s) and network interface(s), the participants' front-end systems and other main components. For each of these components information is provided on the start and completion dates for internal testing as well as testing with external participants. An indication is also given as to the connections of the respective payment or settlement systems with other external systems, on the coordinated effort with other payment systems and/or major participants and where more information can be obtained from the respective operator. The Committee on Payment and Settlement Systems wishes to associate as wide a group of systems with this exercise as possible, both within the Group of Ten countries and outside. System operators are therefore encouraged to return the completed framework document to the Committee Secretariat at the BIS. Submission of an electronic version of the system's response (through e-mail or on diskette) is preferred. Any questions or comments should also be forwarded to the Secretariat, attention Ms. Cheryl Gleason: telephone: +41 61 280 82 87; telefax + 41 61 280 91 00; e-mail cheryl.gleason@bis.org. It would be useful if correspondents could indicate a contact person with their telephone and fax number and e-mail address. The following section of the BIS Website contains the framework itself and the replies which have currently been made available by system operators (the electronic version of the framework can be downloaded). It should be noted that the information included in these replies was prepared by the operator of each system and has not been reviewed or endorsed by the BIS or the Committee on Payment and Settlement Systems. Any questions on the content of these responses should be directed to the respective system operator. ... bis.org