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Synergy Global Financial Solutions

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Core Banking Migration & Consolidation

Synergy helps financial institutions migrate and consolidate complex core banking environments — from data and process harmonization to integration, testing and transition to a unified platform.

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Migration & consolidation

Bringing complex banking environments together

Core banking consolidation requires more than moving data. Products, processes, interfaces and operational information must work together within the new environment.

  • Data Migration

    Secure migration of customer and operational data.

  • Product & Process Harmonization

    Align products, data structures and banking processes.

  • Interface Adaptation

    Adapt connected systems to the target core platform.

  • Core System Consolidation

    Bring multiple banking environments into a unified core.

Our approach

A controlled migration journey

From preparation to go-live, each stage is carefully coordinated to reduce risk and maintain continuity.

  1. 01

    Assess

    Understand systems and dependencies.

  2. 02

    Map

    Align data, products and processes.

  3. 03

    Prepare

    Prepare systems and data for migration.

  4. 04

    Migrate

    Transfer data to the target platform.

  5. 05

    Validate

    Test data, interfaces and processes.

  6. 06

    Go Live

    Transition to the consolidated environment.

Business continuity

Built around business continuity

Migration and consolidation must protect both banking operations and customer services throughout the transition.

  • Careful planning

    Controlled preparation for the integration.

  • Rigorous validation

    Validation throughout the migration process.

  • Extensive testing

    Testing to support a reliable transition.

  • Minimal disruption

    Maintaining operational continuity and customer services.

Proven in practice

Core banking consolidation delivered in six months

Synergy acted as system integrator in the consolidation of MKB Unionbank into Fibank, covering data migration, product and process alignment, customer information integration and front-end enhancements.

Read the case study
Two Synergy colleagues working through a migration plan at a whiteboard
6 months
Project delivery
Big-bang migration
Customers, accounts & contracts
No loss of functionality
Throughout the transition
Immediate transition
From the legacy core system

Additional experience

Consolidations we’ve delivered

A project team reviewing migration plans around a desk

Large-scale consolidation in the Baltic region

Synergy participated alongside other Oracle partners in one of the largest core banking integration programmes in the Baltic region, supporting the consolidation of two independent banking organizations into a unified operating environment. The project included core banking integration, product and business process harmonization, interface adaptation, data migration support and extensive testing.

Read more

Planning a merger or system consolidation?

Talk to our team about what a controlled, low-disruption migration would look like for your institution.