24/7 access to bank account not a reality in the UK

WatchMouse research shows that 65% of British internet banking sites are unavailable for more than 1 hour per month

London, June 27, 2006 – The 24/7 internet bank in the UK is not the norm yet. From a test of the main 26 internet banking sites, a mere 3 come out with perfect availability. This perfect, 100% availability is achieved only by Intelligent Finance, Northern Rock, and Ulster Bank. Worst performers are Standard Chartered and Citibank, being unavailable for an equivalent of respectively 2,3 and 2,6 days per month.

These are the conclusions drawn from the WatchMouse Site Performance Index for British internet banking websites, created by WatchMouse, a company supplying monitoring services for websites and e-commerce applications worldwide. In order to determine the extent to which the sites achieve a satisfactory uptime, WatchMouse monitored the sites continuously between May 19 and June 18, 2006.

During the same period, WatchMouse monitored the other main internet banking websites in Europe, and found that in France performance was better then in the UK, with over 40% of banks scoring above 99,9% uptime.

Mark Pors, Chief Technology Officer at WatchMouse: "Nowadays 24 hour availability is achievable, so there is no need for a site being down. Many companies and individuals nowadays rely on internet banking for all of their transactions, which means the internet banking site is the only way to access their funds."

He continues: "It is unacceptable that urgent payments can end up being delayed or stuck, simply because a site is not accessible. Of course these sites get a lot of peak traffic, but this is no excuse; if we look at large online brokers in the US, for example, all achieve an uptime in excess of 99.9%."

A complete overview of the monitoring results of the WatchMouse Site Availability Index, listing all the sites monitored, can be found on http://www.watchmouse.com/SPI/2006/banksUK.php