What kind of company is Initech?

What kind of company is Initech in the movie Office Space?

There are a few important things we know about Initech that the movie plot hinged on. Are there any real-life companies that actually fit this criteria?

1. Initech hires computer programmers that "update bank software for the 2000 switch"


2. Initech has access to "the credit union software"


3. Initech has access to "the credit union mainframe"


4. Initech's accounting department notices when the money goes missing


5. Initech has a "Corporate Accounts Payable" department (although at least one transcriber disagrees with me and thinks it's "Corporate Councils Payroll")


6. Initech has a "Logistics" department


7. Initech has engineers who lack people skills sufficient to interface directly with their customers.

Items 1,2,7 make Initech sound like a software development house that contracts with financial institutions. Item 3 additionally makes Initech sound like a company that contracts with financial institutions for server and software maintenance.

Item 4 makes Initech sound like the actual financial institution.

Item 5 sounds more like a consulting firm, as I think "accounts payable" is more likely simply called "loans"; but an actual banker could probably clear this up.

Item 6 could probably be either a bank or a consulting firm.

I would think maybe Initech is simply a subsidiary of a large financial corporation, that does in-house IT consulting and programming for the parent company. But item 7 doesn't fit with this theory, as then there wouldn't be any real "customers" (in a traditional sense).

So... What kind of company is Initech? :)