Validata Group, the leading provider of Validata SAS, the first truly integrated Automation Lifecycle Management (ALM) solution for the Banking and Finance Sector, is pleased to announce that Lloyds Bank plc have successfully undertaken the migration to Temenos T24™ with V-Conn.
Lloyds selected V-Conn to effectively and efficiently manage their migration process, utilizing the extraction, transformation, load and reconciliation engines integrated into the tool.
V-Conn is a patent-pending, comprehensive, end-to-end, automated data migration framework, both for the Temenos T24™ environment and any other application with a fast storage/staging area.
Unlike traditional migration solutions; V-Conn is able to provide Audit and Process Control ensuring that compliance standards and regulations are met, incorporating financial reconciliation reports at all levels. V-Conn’s tight integration with Temenos T24™ was also an important factor that led bank’s selection. The Temenos T24™ integration, the support for AA, pre-built mapping templates, data consolidation and validation capabilities and specialized adapters resulted in an issue free data migration, with higher data quality, that would have been possible otherwise.
Vaios Vaitsis, CEO of Validata Group said “We’re delighted to have been chosen by Lloyds and to have been recognized for the value that our products and services brought to their project.”
“V-Conn helps customers improve the quality of their core banking systems achieving unprecedented levels of efficiency and effectiveness. V-Conn’s migration/reconciliation technologies, delivering a best-of-breed suite of proven migration modules, help accelerate the migration process at a lower cost to the business” added Vaios.
About Validata Group
Validata Group is the leading provider of Validata SAS, the first truly integrated Automated Lifecycle Management (ALM) solution for the Banking and Finance sector. Validata SAS is a central platform of integrated tools, agnostic of any software, database, UI and APIs designed to validate Core Banking Systems, aligns testing to business processes and/or requirements whilst improving productivity and automation coverage, achieving reduced test cycle times in all phases of testing and enhanced ROI.
Unlike traditional tools where the underlying technical details of tests are not clearly partitioned from the business intent of tests, Validata SAS has a clear division between technical detail and high level business flow modeling which makes the delivery of reusable automated test suites and its maintenance an inexpensive and simple task.
The company is a Temenos partner since 2005, Global Testing Partner since 2008. It is the only Certified Temenos Partner on all three Validata product suites for Testing, Legacy Migration and Build & Configuration Management.
Validata Group has offices in Athens, Sofia, London and Cyprus.
For more information visit www.validata-software.com