Why Is Data Integration Important in Financial Service Industry? As per the existing figure, an unbelievably huge amount of data are generated every day. These data provides financial institutions with an untapped potential to gain greater insights into existing clients, new business opportunities, target audiences, and the competitive landscape. Data integration services lie at the […]
Top Challenges and Best Practices in the Data Migration Process
Let’s explore some key challenges banks face in the Data Migration process. We will also explore best practices in the Data Migration process.
Reverse mapping. Address it early to bring in completeness in core banking data migration
Moving to a new core banking system is full of excitement, until the data migration process experiences unexpected interruption despite impeccable planning. One such aspect is leaving behind some data elements that you’ve spent years collecting and organising. Leave behind some data, What does it mean? In a core banking replacement program, data migration is […]