this post was submitted on 25 Apr 2025
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@yak So this is an interesting thing. Obviously the functionality required by the #PostOffice is to a degree bespoke - but not considering ownership was a critial failure of the contracting process.
Interestingly I think that there is something that every #creditunion that outsources its #corebanking and other IT should consider - How locked into that offering they are and what happens if they want to change? #Opensource #banking solutions offer the ability to both switch vendors and also customise to their requirements realitively easily - I'm not sure how many use solutions based on #mifos or #fineract - I guess they are still fairly new.
The fact they paid to have a custom system built and it's still proprietary and controlled by a vendor is crazy to me.
Also, hi friendica user!
@Blisterexe Well so many businesses do this because they believe that the vendor will somehow charge less if they can reuse that code... but if its highly customised thats unlikely . it just becomes a case of pushing the costs down the road.
Not many postal banking businesses in the world
The vendor will absolutely take that custom code and use it to extract maximum profit from a different customer. I’ve experienced it from both sides of the transaction. Open source at least allows the functionality to be “developed” only once.