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The clipping this text was read from
The clipping this text was read from

problems taken care of.

After the start of the new year, there are a number of dates to keep an eye on, two of which you need to make sure you have covered. Jan. 1, the first day of the new year, and Feb. 29, because 2000 is a leap year.

Other dates that you will want to test include Jan. 3 (the first working day of the year), Jan. 10 (the first seven digit day), Mar. 31 (the end of the first quarter), Oct. 10 (the first use of an eight digit date field), and Dec. 31, 2000/Jan. 1, 2001 (the first roll-over of all 21st century dates).

Cloud addressed the issue of banks further, comparing community banks with national banks. He said that your money is safer in a community bank. There are a couple of reasons. First, community banks rely on third party vendors, and many community banks use the same vendor.

National banks buy software off the shelf and change it. Then the people who alter it leave without leaving any documentation for the people who come in behind them. Another reason is that community banks have a small number of systems, while national banks have many systems and multiple vendors.

Some places you can call for help are accounting firms, network/PC service companies, and consultants. Consultants, however, may not “certify” that your systems are compliant due to security reasons.

Cloud fielded questions from the audience. One person asked about other countries. Cloud admitted that other developed countries got a late start and are behind, and he couldn’t guarantee that they would be ready. But he did point out that they are working diligently to catch up. He said that third world countries don’t have many mission critical systems to worry about.

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