Libris Financial Data Migration & Archive
Data Migration
Data migration can often develop into a complex, time consuming project. The
problems that arise through data mapping, formatting, cleansing and reconciliations
can lead to higher levels of operational risk. Businesses with legacy information
systems can take full advantage of Exact’s migration approach, software tools and
professionalism by tapping into our experience of successful migrations.
The Libris Financial
Data Migration ETL (Extract, Translate, Load) facilitates
migrations by providing the framework and tools to move data from disparate source
systems to any new in-house, or third party outsourced system. The framework has
the capacity, tools, flexibility, accuracy and crucially, experience and past
successes, to assure any company that it can perform the complex tasks it was
designed for.
Legacy Data Archive
Whether outsourcing, company merger, corporate acquisition or implementation
of a replacement system, the same question will always be asked, “What should we do
about historic financial data?”
The
compliance requirement to maintain historical transactional data for a number
of years, for redundant systems, can be a considerable operational overhead. Ensuring
access to data held on computer systems you have chosen to replace forces many
institutions to continue maintaining outmoded platforms, pay ongoing license costs
and retain specialist support staff for systems that are no longer critical to the
mainstream business.
The LIBRIS Financial archive solution allows businesses to archive data from
legacy systems, ensuring your company complies with data retention & retrieval
regulations, providing instant, on-line access coupled with a significant reduction
in the cost of storing the historic data, expelling the reliance on redundant
platforms, and the need to retain local expertise.