- 15 - Activity 1986 1987 1988 1989 1990 1991 Total1 Strategic2$451,386$1,367,679$2,441,576$2,696,099$2,260,394$3,073,334$12,290,468 Banking System Trust TU 373,469 623,538 551,729 742,462 649,270 650,161 3,590,629 Success --- --- 129,320 138,196 410,030 303,452 980,998 General 173,596 136,735 94,744 384,237 175,020 183,468 1,147,800 Ledger Money 85,179 173,925 193,493 224,109 125,610 180,462 982,778 Transfer Cyborg 73,881 90,923 100,683 74,991 82,056 130,714 553,248 Payroll Trust 93,265 171,334 182,047 101,704 --- --- 548,350 Payment Debit Card --- --- 22,687 435,318 --- --- 458,005 1 The total expenses for the eight activities equals $20,552,276. The $2 discrepancy for the total amount the parties agreed in their stipulation was substantiated is unexplained. 2 The expenses incurred on the Strategic Banking System project for 1986 were contract expenses paid to Electronic Data Systems Corp. A. Strategic Banking System Strategic Banking System (SBS) was a large7 joint effort by three entities to develop an integrated banking system in which a number of software applications would operate together. Electronic Data Systems Corp. (EDS) of Dallas, Texas, and Bank One, Columbus, N.A.8 (Bank One), of Columbus, Ohio, began the SBS project on August 18, 1986. The purpose of the SBS project was to develop a software system in which all information regarding the bank's financial products centered around the customer (the customer 7 By 1993, the three entities involved in developing SBS had incurred approximately $125 million in expenses and written 10 million lines of code. 8 Bank One, Columbus, N.A., is an affiliate of Banc One Corp.Page: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
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