Services - Data Conversion
We can't just map it? Why is Pension Data different?
Understanding your data requirements requires an understanding your plan rules and administrative requirements.
Oracle Pension Implementation Services
Data conversion for pension administration is a unique
challenge. Understanding your data and your plan rules requires
a very specialized expertise. We see many firms try to make your
data fit the product, and they miss the mark entirely. Your
plan rules drive your data requirements and not the other way
Your system data needs are driven by your unique calculation rules and how they are set up within your system. This is dramatically different than Payroll or HR which usually present far less variability between customers. Understanding your calc system design is the starting point for pension data conversion. It takes a very specific combination of functional and technical experience to understand your plan rules, design your calculation engine and then build the technical requirements for your data conversion.
Similar to any enterprise software solution, the level of automation depends directly on the quality of the data. That is why we have been selected by customers to perform data conversion from in-house solutions out to outsourcers, as well as from legacy systems into the Oracle pension product.