Fusion of several major banks in Hungary
PROJECT
DATA
Hungary
2021-2023
Unspecified Hungarian Banks
SERVICES
PROVIDED
METHODOLOGIES
USED
MINDSPIRE’s standard migration methodology was used for both analysis and implementation activities of the automated migration process.
For rollout management and cutover planning project specific methodology was setup in cooperation with the Bank.
Fusion of several major banks: Project scope and targets
First phase of the multistage migration program related to the fusion of several Hungarian major banks.
Full-scope corporate portfolio migration of a bank to the new integrated architecture, including several different datasets, multiple source and target systems.
Our company, MINDSPIRE Consulting took key role in the analysis, design, implementation and end-to-end coordination of the data migration process rollout planning and coordination.
Our main contribution to the fusion of several major banks
Migration strategy and implementation roadmap preparation.
Physical implementation and documentation of the transformation rules in MINDSPIRE DELTA Data Migration Tool related to the automated data migration scope.
Mock data migrations execution, supporting rehearsals by providing test data, error reports, documentation and reconciliation result.
Coordination of source system extraction and target system upload activities.
Complete rollout planning and coordination of live migration process.
Project organization and roles
The migration team, consisting of MINDSPIRE’s migration experts, operated a separate sub-stream, under the control of the program management.
Rollout management activities were organised by a separate sub-stream under the leadership of a stream leader delegated by MINDSPIRE Consulting.
Banking Data Migration Toolset
MINDSPIRE DELTA Data Migration Tool: A ready to use application designed and developed by MINDSPIRE Consulting.
The tool supports the setup, execution, monitoring and documenting of the banking data transformation process and ensures a fast, highly automated and audit-proof data migration.
Our main involvement areas in the fusion of several major banks
- Migration strategy and implementation roadmap preparation.
- Logical design and MINDSPIRE DELTA tool parameterisation for automated migration scope.
- Migration test support and reconciliation.
- Rollout management.
- End-to-end migration coordination.
MINDSPIRE profiles involved
- Banking Data Migration Expert
- Data Migration Business Analysts
- Data Migration Technical Analysts
- Rollout manager
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