Data Migration & Conversion
Through our Universal Conversion Technologies (UCT) subsidiary, Equioft is the undisputed global data migration leader. We take out the pain from your data migration projects moving data 40% faster and at 40% less cost. We have the experience (28 years), proprietary tools, expertise, and success rate to remove risk from your critical path. Our data migration experience, migrating to/from over 60 policy administration systems, and completing 200 successful projects, is a distinctive advantage that enabled our success in the insurance industry. Our clients include U.S., Canadian, LATAM and Asian financial services companies and third-party administrators throughout the world.
Migrating high volume and complex policy administration systems is our specialty. We’ve seen it all, and we can do it better, faster and safer. Whether you need a turnkey solution or just want help on one phase of the process, we guarantee the success of your project.
With hundreds of successful projects completed for well-known insurance companies, UCT is the undisputed data migration leader in North America. We deliver in days/weeks what our competition delivers in months. And we are committed to lowering project risk and cost through comprehensive data conversion and migration solutions.
ITERATIVE PROCESS DAILY PROGRESS
- Import metadata
- Create datamaps in DCA
- Add conversion logic to datamaps
- Generate conversion programs from maps 5 Build and execute conversion system
- Load target data
- Evaluate reports
UCT’s impressive track record in the life insurance marketplace means more predictable outcomes, and data migrations performed faster, safer, and at a lower cost. We have migrated to or from every conceivable policy administration system and we have experience with all common platforms and operating systems.
Turnkey solution using DCA
Our experts use Data Conversion Architect (DCA) to automate the steps of a carefully-defined methodology. Services typically include project planning, project management, data analysis and cleansing, data conversion and migration, and data reconciliation.
Migration project management
With significant insurance company, data conversion and insurance system experience, UCT experts provide leadership and guidance to both the client and the project team.
Data conversion and migration
The core of your project is data conversion and migration. UCT has the keys to success – unparalleled
expertise, a proven and repeatable methodology, and conversion-focused automation tools.
Proof of concept
UCT has a proof-of-concept opportunity for those who want to try our solution on a smaller scale before committing to a full-scale engagement.
Pre-project data migration project planning
An exhaustive and detailed plan allowing to accurately estimate the cost, timeline and resource requirements is the starting point to any successful migration project.
Data analysis/auditing and cleansing
Years of data migration experience has taught us that real data often contain unexpected values. Using
our proprietary DCA technology, we can assist you in identifying and repairing data anomalies.
A UCT-led conversion includes balancing of all financial values, not just record counts, which validates the conversion accuracy. For example, we compare key actuarial and metric data points in the source system to the same data points in the target system.
Development of Conversion center of excellence – Staff augmentation – COBOL programming – Product configuration