DATA MIGRATION
Avoid common pitfalls by partnering with a team that understands the complexities of SimCorp Dimension and has extensive experience with legacy systems like Eagle, eFront, Sophis, and others. We ensure accurate, efficient, and cost-effective migrations delivered on schedule and within budget.
Data Migration Services for SimCorp
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At Dimensional Community, we specialize in delivering seamless data migration solutions for organizations transitioning to SimCorp. With extensive expertise in financial data systems, we ensure the reliable and efficient migration of critical data, helping clients achieve operational excellence and regulatory compliance.
What We Offer
Our data migration service is designed to handle the complexities of moving from legacy systems like Sophis, Eagle, Summit, PAM and eFront to SimCorp.
The scope covers includes basic data, portfolio structures, security master data, pending transacts, position balances, market data like prices and FX rates, and historical transaction data for alternative investments.
We provide a structured and secure approach to managing this critical transition.
​​Comprehensive Migration Planning: From strategy development to execution, we plan every step of the migration process to align with your unique operational requirements.
​Data Transformation and Integration: Using custom-built tools, we extract, transform, and load (ETL) data into SCD with precision, ensuring compatibility and accuracy.
Reconciliation Services: We implement robust reconciliation processes to validate migrated data, maintaining integrity and compliance with industry standards.
Phased Deployment: Our phase approach ensures critical data, including securities, open trades, and cash balances, are migrated with minimal disruption to your operations.
Rigorous Testing and Validation: With multiple test cycles, including unit testing and user acceptance testing, we refine the migration process to eliminate errors before go-live.
Data Security and Anonymization: Sensitive client data can be anonymized during migration to protect confidentiality and meet any regulatory standards.
How It Benefits You
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Our migration service is designed to add value at every stage of your transition to SimCorp Dimension.
Minimized Operational Risk: By employing tested tools and processes, we reduce the risk of errors or delays that could impact your business operations.
Improved Efficiency: Automated tools and streamlined processes accelerate the migration, allowing you to focus on core business activities without prolonged interruptions.
Data Accuracy and Compliance: With our focus on reconciliation and validation, your data is migrated accurately, ensuring compliance with financial regulations and internal policies.
Cost Savings: Avoid costly disruptions and inefficiencies by partnering with experts who understand the nuances of financial data migration.
Peace of Mind: Gain confidence in a seamless transition managed by experienced professionals.
Streamlined Data Migration: A structured and proven approach ensures minimal errors and disruptions.
Comprehensive Reconciliation: Detailed validation ensures data accuracy and integrity in the new system.
Improved Data Quality: Data cleanup processes and exception handling enhance the quality of migrated data.
Support During Transition: Additional assistance is available during parallel operations after go-live.
Why Choose Dimensional Community?
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At Dimensional Community, we bring unmatched expertise and dedication to every project. Here’s why financial institutions trust us for their Data Migration projects:
Customized Solutions
Tailored services for specific needs, including phased rollouts, custom ETL solutions, and post-go-live support.
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Clear Roles and Responsibilities
Well-defined collaboration frameworks enhance project efficiency.
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Customized Tools
Development of extraction, transformation, and reconciliation tools to fit your systems and requirements.
Deep Expertise
Technical proficiency and industry knowledge provide confidence in the migration process.
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Reduced Risk
Expertise in managing multiple test migrations and a robust run-book minimizes risks during actual migration.