Secure, accurate, and efficient data migration services from legacy systems to Temenos platforms, ensuring no data loss, full reconciliation, and compliance.
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Migrating to Temenos Transact involves a structured process encompassing preparation, execution, and control of extracting, transforming and loading data into Transact to seamlessly port a client operation to the latest Temenos technology.
TFD has a proven track-record of migration projects, which showcase our in-built expertise and robust processes, focusing on extracting, transforming, and loading data while ensuring data quality and meeting the highest of standards.
Understanding the Transact Migration Strategy : TFD performs a full system analysis to understand the banks business vs. Transact functionality to determine the optimal migration strategy(e.g. big bang, phased).
Data Mapping and Analysis : Identify all data sources and their relationships, map them to Transact’s structure.
Analyse data quality and identify gaps and potential issues : TFD applies a strong focus on data quality, so that the target system is clean and efficient. Any potential issues are discovered and resolved in the system analysis phase.
Staging Area Creation : Establish a staging area to hold the extracted data before transformation and loading.
Data Extraction : Extract data from legacy systems and prepare it for migration.
Data Transformation : Transform the extracted data to align with Transact's data model.
Data Cleansing : Identify and address data quality issues, such as inconsistencies, duplicates, and invalid formats.
Data Loading : Load the transformed and cleansed data into Transact.
Reconciliation : Verify that the data migrated to Transact is accurate and complete by comparing it with the source data.
Monitoring and Reporting : TFD provides a meticulously crafted project plan for a managed migration. The migration process is continuously monitored, and reports generated to track progress and identify issues.
Issue Resolution : Issues identified and resolved promptly. A full set of dress-rehearsal migrations are done to eliminate any surprises during go-live.
Testing : Thoroughly test the migrated data and T24 functionality to ensure a smooth go-live.
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