Future-proof data archival and purging strategies with an end-to-end automated solution
The banking industry is currently facing an overwhelming surge in data, straining existing databases and compromising efficiency while driving up storage costs.
Finacle Data Archival is a cutting-edge, automated, web-based solution designed to streamline data archival and purging processes for banks. By intelligently managing data retention and deletion, the solution helps banks maintain leaner production databases, reducing storage costs and improving performance. With a compression ratio exceeding 60%, Finacle Data Archival effectively optimizes data storage while ensuring easy access to archived information when needed.
Advanced features for your strategic advantage
- End-to-end, automated archiving and purging capabilities
- Robust batch/event-based scheduling framework to streamline data transfers and deletions
- Real-time information and audit trails related to data archiving activities
- Archival initiation of chosen datasets, directly through the web UI
- Compliance with data retention requirements, simplified data discovery
- Host agnostic, built for leading RDBMS databases such as Oracle
Built-on next-gen technology
Extensive automation across end-to-end data archival lifecycle
Independent, decoupled processes supporting asynchronous execution in a defined sequence
