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Overview of Data Migration Service

We specialize in migrating data across a wide array of core banking systems and related financial platforms. Our team of experts has successfully handled migration across the following systems:

  • Core Banking Systems (CBS): Finacle, Flexcube, T24, BANCS, Equation/3, Essence, Bank Connect, Intellect, and more.
  • Treasury and Loan Systems: OPICS, KTP, Calypso, LoanIQ, FCRM, and Fusion Risk.
  • Trade Finance Systems: Trade Innovation, Eximbills, Quaestor.
  • Capital Markets Systems: Murex, Symmetry.
  • Payment Systems: SWIFTNet, SWIFT Alliance Access.
  • General Ledger and Accounting Systems: Oracle GL, Oracle WMS.

Our extensive experience covers diverse migration scenarios such as core banking replacements, mergers, acquisitions, and regulatory transformations. We have successfully managed migrations for top-tier financial institutions across multiple geographies.

Evolvus Advantage

At Evolvus, our approach to data migration sets us apart from the competition. Here’s what makes us stand out:

  • Domain Expertise: We have successfully delivered 40+ core banking data migration projects across various systems and geographies.
  • Proven Methodologies: Our Precision100 framework ensures that all migrations are delivered with 100% accuracy, minimal risk, and in strict adherence to timelines.
  • End-to-End Ownership: From pre-migration data extraction and validation to post-migration reconciliation, we take full ownership of the migration process, providing complete transparency and control.
  • Global Experience: With projects spanning multiple countries and covering diverse regulatory frameworks, we bring a wealth of international experience to every project.
  • Zero Post-Migration Issues: We ensure complete validation and reconciliation, so post-migration errors are eliminated, ensuring a smooth transition.

Precision100: Data Migration Accelerator

Precision100 is our proprietary data migration accelerator that enables financial institutions to manage complex migration tasks with unparalleled efficiency. It is specifically designed to handle:

  • End-to-End Execution: From data extraction to validation and reconciliation, Precision100 manages all phases of the migration lifecycle​.
  • Role-Based Execution: With dedicated roles for migration developers, designers, and administrators, Precision100 ensures a streamlined process with minimal dependencies.
  • Built on Best Practices: Featuring audit-ready standards, reusable templates, and automated workflows, Precision100 minimizes risk and accelerates delivery without compromising on quality.
  • Support for Complex Data Types: It handles structured, unstructured, and semi-structured data across multiple systems, ensuring seamless transformation and integration.

Key Features of Precision100:

  • Pre-migration validation for risk-free execution.
  • Source control and version management for precise tracking.
  • Automated financial reconciliation to ensure data accuracy.
  • Role-Based Execution: With dedicated roles for migration developers, designers, and administrators, Precision100 ensures a streamlined process with minimal dependencies.
  • Built on Best Practices: Featuring audit-ready standards, reusable templates, and automated workflows, Precision100 minimizes risk and accelerates delivery without compromising on quality.
  • Support for Complex Data Types: It handles structured, unstructured, and semi-structured data across multiple systems, ensuring seamless transformation and integration.

Complexity of Migrations Delivered

We have managed some of the most challenging migration projects in the industry, characterized by their scale, time constraints, and complexity. Here are some examples from our case studies:

  • Acquisition and Core Consolidation Projects:
    • Migrated data for over 95 branches and 500,000+ customers across a complex landscape of 140+ applications.
    • Delivered within strict timelines, with additional time allocated for verification and reconciliation.
    • Achieved zero post-migration issues and full balance sheet reconciliation.
  • International Multi-Country Integration:
    • Managed large-scale migrations across 11 countries, integrating them into a standardized platform.
    • Completed with a tight 24-hour migration window, ensuring no disruption to ongoing operations.
    • Verified over 100+ reports and achieved 100% data extraction and reconciliation​

Key Statistics Across Projects:

  • Managed over 30+ large data transformation programs and 40+ CBS replacements.
  • Delivered a 100% success rate in terms of on-time and accurate data migrations.

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