2 Data Migration Process

Data Migration is the process of migrating account information from external systems to the Oracle Banking Retail Lending Cloud Service. The migration process is broken down into sub-processes as detailed below:

Data Migration → Process

Figure 2-1 Data Migration - Process


Description of Figure 2-1 follows
Description of "Figure 2-1 Data Migration - Process"

The sub-processes can be further classified into stages wherein each stage completes the migration process in a structured manner

Stage 1:

The service will refer to spring batch tables present in PLATO_BATCH schema and domain migration schema. This stage is about the basic data upload into the staging area

Stage 2:

The next stage is about validating the uploaded data and performing certain validations in terms of data content before the said data can be deemed fit to be considered for insertion in the retail lending CORE SCHEMA

Stage 3:

The last and final stage is about data updates in the retail lending DOMAIN SCHEMA for the successful data as validated in stage 2

Note:

The current migration strategy for OBRLS is to migrate only the active loans and only the unpaid installments. The outstanding amount as of migration date is taken as the sanctioned amount for the new loan. Historical data for statement entries is taken as it is for the inquiries in OBRLS.