Collateral Management System migration
PROJECT
DATA
2017.08 – 2019.01
Undisclosed bank
SERVICES
PROVIDED
METHODOLOGIES
USED
Banking Data Migration methodology including templates, standards and principles related to data migration conceptual design, logical and physical mapping, data migration specific testing, documentation, reporting, error handling and cutover planning.
Project scope and targets
In order to improve its collateral management operation and make it more transparent, the bank decided to overhaul its related current processes and implement new applications. They opted for the intended groupwide solution and introduced the ApPello as the main collateral management system.
Additionally, the bank also introduced SAP RE-FX for collateral asset maintenance, and a new application EBR, for registering and storing data of collateral appraisals.
Aim of the collateral management system migration project was to design and implement the complex process of transforming and uploading data in this three new target systems from the Core Banking System (Symbols), and partly from another instance of SAP RE-FX, used by Bank Jelzálog (Mortgage) and other entities.
Our main contribution to the project
Conceptual design, including data migration strategy creation and detailed data migration project plan.
Logical, physical design (mapping) and execution of the automated data migration transformation process by our own banking data migration tool.
Providing test data and specific data migration error reports for the testing and validation.
Supporting rollout planning and execution of live data migration process during the collateral management system migration project.
Project organization and roles
The data migration team was part of the integration team, and worked under the control of the bank’s delegated project manager.
The data migration team closely collaborated with the external target system vendors, ApPello and SAP, but independently designed and delivered the data transformation process and provided methodology support for the complete, end-to-end data migration process, as well as the rollout planning and execution.
Banking Data Migration Toolset
Tailor made data cleansing procedures, integrated in Delta work-flow.
Our main involvement areas
- Data Migration Strategy preparation,
- Implementation of the data transformation process,
- Post data migration support.
MINDSPIRE profiles involved
- Banking Project Manager
- Data Migration Expert
- Data Migration analyst
- Technical analysts
- Development support
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