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That depends entirely on the connection between the co-location and the financial institution, then. The VPN between A and B doesn't make it more secure.

No.
It is only a secure connection from B to C. (That's assuming that your VPN is secure!).

Hard (for me) to guess how you might do this type of connection without getting cut off when you start...

You will say i am nitpicking but using character class would make the code more reliable (avoid unexpected translation with some locale)

tr '[:upper:]' '[:lower:]' <...

to use the entire file, give tr the entire file.

tr '[A-Z]' '[a-z]' < /export/home/oracle/TST/data.dat > newfile data.dat and newfile should not be the same file, tr doesn't edit in-place.

use nawk on Solaris