On-Prem to SaaS Migration Support for ALMCS
Support for On-Prem to SaaS migrations, providing tools, utilities, and best practices to streamline the transition
Business Benefits:
- This release introduces enhanced support for On-Prem to SaaS migrations, providing tools, utilities, and best practices to streamline the transition. The migration utility enables seamless export/import of ALM configurations available for (Prepayment, Prepayment model , Payment Pattern, Discount Method, Reprice Pattern, Time Bucket, BP Rule, Economic Indicators) as part of this release.
- With increased demand for scalability, operational efficiency, and reduced infrastructure overhead, institutions are transitioning from on-premises environments to cloud-native platforms. This feature enables a structured and secure migration path from ALM on-prem installations to Oracle’s ALM Cloud Services (SaaS), preserving configurations, business logic, and historical data fidelity.
Steps to Enable
You don't need to do anything to enable this feature.