Mutual Fund Glitch Turned BNY Mellon Into College Dorm Room During Finals Week

Who doesn't want to sleep on a cot next to their co-workers?

No sleep till fund valuations calculated.

Without the Captain Morgan’s, anyway. Officially speaking.

When SunGard’s system didn’t come back online after the first day, hundreds of BNY Mellon employees worked through the night, taking turns sleeping on cots strewn across the office and sharing company-ordered Chinese food.

SunGard delivered a new version of its system around midnight Aug. 27, four days after the problems began. At 4 a.m., just as the bank’s employees began to make headway calculating fund values, the system crashed.

All-Night Push After Glitch Hit BNY Mellon [WSJ]