customer data

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Planning Your Online Banking Migration

Financial institutions have vast stores of data about their customers. As systems become outdated, needs evolve, and/or regulations change, banks often have to move this critical data from one system to another. In fact, data has to be migrated any time a bank installs a new server or software platform. To avoid losing critical data or hampering access to it, banks need to have a strategy and plan in place before starting the migration process. Lessons learned from other FIs Experience has