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Failures in an IBM DB/2 database have caused a major crisis at a leading Danish bank.

Key trading systems at Danske Bank ground to a halt on 10 March and the bank was not fully operational again until 17 March, it said in a statement released on 3 April.

IBM was unaware of four bugs in the DB/2 database, which mainly affected payments and the trading and settlement of currencies and securities, said Danske Bank.

The first of four IT problems the bank faced emerged after an electrical outage during routine disc maintenance on one of the bank's IBM disc system at its data operating installation in Ejby. This caused data inconsistencies in its DB/2 database.

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http://www.computerweekly.co.uk/Article120681.htm

Suresh[Microsoft MVP | MCAD.NET(CM) | MCSD.NET(EA)]