CASE STUDY 1 – BANK DATA MIGRATION

THE CUSTOMER

46+ years old bank having 57 branches and presence in multiple states of India.

THE BUSINESS CHALLENGE

With growing customer base and transactions bank wanted to upgrade current banking platform to Oracle system. Bank has huge and complex database which needs to be migrated to new system. Challenge is, this activity needs to be completed more accurately and should get executed in short time frame during go-live deployment stage. Also, knowledge of data migration strategy and different technology of databases is crucial. New system needs data with certain modifications to be accepted as input. Most important part of this activity involves highly sensitive and important data of bank and its customers, which is challenge for outsource to outside vendor.

THE SOLUTION

  • Considering high sensitive banking data, GrassDew proposed Onsite Consultant model for this assignment which got approved by Bank as well.
  • Closely working with bank’s team at bank’s office, software team from GrassDew started working as part of strategy and implementation of logic for data migration.
  • Existing database migration logic was reworked to make the performance good and to give results in lesser time.
  • Newly developed scripts with enhanced performance of data migration helped the bank to reduce Live deployment time frame which has direct impact to bank’s business.
  • Daily status reporting was managed by GrassDew to deliver milestone wise deliverables.

BUSINESS BENEFITS

  • Data confidentiality was maintained.
  • Reduction in longer closing hours of bank during new system go-live.
  • New inputs for betterment of migration code and steps to process.
  • Daily and periodic updates on milestones achieved were conveyed to bank management.
  • Risk sharing and ownership for execution of activities in scope with specified time lines.