Federal rEserve Board Problems??

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

That client of mine that you've seen me post about...

The one readying a Y2K contingency plan....

The testing has revealed interface problems with the Federal Reserve Board for the Savings bond program. I thought it was probably a problem with our new interface, until I heard today that the regular payroll process ing run was also having problems with their interface. The FRB keeps sending it back as "unbalanced", and the payroll dept shows all well.

This interface has been stable for years.

Has the FRB changed something recently? Maybe they've done some Y2K changes this month.

Makes me wonder if all those direct deposits will be working in Jan

-- Duke 1983 (Duke1983@AOL.com), December 14, 1999

Answers

Duke,

I have close relatives who work there. I will ask them if they have heard anything.

-- More Dinty Moore (dac@ccrtc.com), December 14, 1999.


dinty- Nice to see you are still around.

Duke Precisely why my spouse's company's Direct Deposits won't be for NYE.

C

-- Chuck, a night driver (rienzoo@en.com), December 14, 1999.


I wanted to get this up on the recent answers list after reading the Deutsche bank (thread suggesting the Fed is concerned.

My thoiughts with the Fed are that perhaps they HAVE put remediated code into production (which unlike other posters here, I believe most companies are doing in ADVANCE of 1/1), and it has problems.

Couple that with Deutsche bank, and perhaps there are concerns.

Comments anyone, or should I let this thread die?

-- Duke 1983 (Duke1983@AOL.com), December 18, 1999.


Duke,

I also would expect most companies, govt agencies, etc, that have done remediation, or developed new systems, will install remediated code, or the new systems, before 1/1/00. There are many more reasons to do so than not to do so. I do not, however, have any specific info in this respect regarding the Federal Reserve.

As for letting this thread die, I would say that should be determined by whether or not additional info develops specifically related to the opening topic.

Jerry

-- Jerry B (skeptic76@erols.com), December 18, 1999.


Moderation questions? read the FAQ