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Headline: Front End Source: Euromoney Date: February 2000 Edited: Antony Currie Citibank’s pesky little bug Many people assume that the millennium bug was beaten thanks to banks’ thorough preparations. A large caucus among non-IT-geeks think it was a mythical monster in the first place, concocted by techies to give easily frightened bank bosses nightmares. In reality, it turns out that the Y2K gremlin scored at least one bullseye. The “Citibanking” service to institutional clients worldwide includes a daily electronic update on clients’ holdings. |
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