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The Evolution of the Banking Industry
I want to update my understanding of the maturity of the banking industry with respect to IT at this point. It seemed to me that there was a dichotomy and from what you're saying, maybe that's been superseded. But also the banking industry was famous for maintaining the largest installed base of cobalt in the world. You have been describing parts of the banking business where that might have been the case. And you're saying that those are now the subject of some research. So isMy understanding of the amount of legacy code dominating the banking industry? Is that now out of date?