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To: Sawtooth who wrote (1064)12/21/1998 11:45:00 AM
From: David Eddy  Read Replies (2) | Respond to of 1361
 
Tim A -

And while our systems do pre-processing checks for valid data, we rely heavily on our business partners to pass us accurate data.

Depending on the nature of the relationship with these external business partners, I'd like to think both parties are in serious dicussions so that the party sending data can/will give assurances that they're sending relatively (within historical norms) good data.

For further technical details, refer to the page in the manual where it describes how porcupines mate. <g>

I certainly agree with you point that valid & accurate are different things.

I assume that we'll see a lot of suspended data exchanges as we get closer to the 1/1/00 line. If you're the little, downstream guy always having to put up with the upstream gorilla sending you crap, this will be a delicate issue. If you're the gorilla sending the crap & you exhibit the typical "We're gigoulous Inc & we call the shots in this market" attitude, you're at risk for someone with more market flexibility taking a big chunk out of your hide.

Personaly I regard "large financial institutions" as some of the singularly most incompetant data processing organizations around. The bigger the image of the institution, the more screwed up their data processing is. And yet they do survive & spend train loads of money on data processing. I've never been able to resolve this conundrum.

Y2K is going to be very interesting, no question.

- David