What’s the problem?

Data migration is a process where records are transferred from a source system to a target environment with the objective of minimising costs of transfer and reducing risk. That risk includes “operational risk”, the need to keep the show on the road, “credit risk” and very importantly “reputational risk”. This can be a very complex procedure, usually involving the migration of significant volumes transactions of customer and/or financial data. With billions of pounds of asset data potentially being transferred – which may include sensitive and important information organisations are therefore challenged with completing the migration process with maximum accuracy, whilst ensuring no negative customer impact.

When does Data Migration take place?

• Upgrade to new systems
• Transfer of books of business to an outsource provider
• Merger and acquisition integration
• Demergers

Why AutoRek?

Our data migration experience is both extensive and highly successful. Being specialists in data management and the provider of the UK’s leading reconciliation software, we have been involved in some of the most complex reconciliation and data migration programmes in recent years. As a consequence of this, we have earned a reputation for excellent products and services in many blue chip clients.

Data Migration – How do we do it?

Our data migration proposition support our business processing outsourcer client base and our large banking clients who require a seamless migration (often over a very short timescale indeed!) which ensures that the records in target systems are exactly as expected and as they were in source systems.

Use of AutoRek provides a migration reconciliation independent of any of the involved platforms, giving added peace of mind. Our network architecture means that relevant reports on the migrations can be immediately viewed by the correct individuals rather than a dependence on manual spreadsheets. The auditability, a core AutoRek component, ensures that all aspects of the migration are captured.

Find Out More

Download our Data Migration case study by completing the short form below.