SAMFCore Includes Progressive Cutover Migration with Enterprise + Source Code

Swiss AMF AG is highlighting a major implementation benefit of the SAMFCore Enterprise + Source Code package: for a limited time, Progressive Cutover Migration is included within the agreed implementation scope.

SAMFCore is a modular financial-services software platform designed to bring customer onboarding, accounts, payments, cards, digital assets, compliance workflows, administration and third-party integrations into one configurable operating environment.

For financial-services businesses already using another banking, fintech, payments or digital-asset platform, replacing software can create significant operational risk. Customer data, balances, transaction history, authentication, external providers and internal workflows may all need to move without unnecessarily disrupting the existing business.

The SAMFCore Enterprise + Source Code package is designed to address that problem directly.

Progressive Cutover Migration Included

for a limited time, customers purchasing the SAMFCore Enterprise + Source Code package receive Progressive Cutover Migration within the agreed implementation scope.

Included migration support can cover:

• migration planning;
• data-migration support;
• provider-retention analysis;
• integration transition;
• staged user migration;
• progressive cutover; and
• final cutover support.
  

This means qualified Enterprise + Source Code customers do not need to treat migration as a completely separate software-replacement project.

Exceptional third-party charges, proprietary data-extraction fees or material custom development outside the agreed migration scope are quoted separately.

Move Customers in Controlled Stages

Progressive Cutover Migration is designed for businesses that want to avoid moving their entire customer base in one large migration event.

Where technically suitable, the existing platform can remain operational while users or customer groups are moved to SAMFCore in controlled stages.

Customer accounts, balances, transaction records, historical data and other required operational information can be migrated or synchronized according to the agreed migration architecture before individual users are transitioned.

Where the existing authentication environment permits it, customers may also be able to retain familiar login credentials during the transition.

Once a customer has migrated, the login and routing flow can direct that user to SAMFCore while customers who have not yet migrated continue operating on the legacy platform.

This creates a bridge between the existing software environment and SAMFCore rather than requiring an immediate all-at-once shutdown and replacement.

Data Migration Planning

The quality and accessibility of legacy data are critical to any financial-software migration.

Depending on the source system and available export or API access, migration planning can cover:

• customer records;
• account data;
• balances;
• transaction history;
• KYC and KYB information;
• documents; and
• other operational data required for the new deployment.
  

Migration scope, timing, synchronization requirements and authentication continuity depend on the technical capabilities of the existing platform.

Existing Providers May Be Retained

Replacing financial software does not necessarily mean replacing every banking or infrastructure provider.

SAMFCore is designed around customer-selected external providers.

Where technically and commercially practical, businesses may be able to retain existing relationships with:

• banking providers;
• payment providers;
• card issuers and processors;
• BIN sponsors;
• KYC and KYB providers;
• AML and sanctions-screening providers;
• custody providers;
• liquidity providers;
• exchanges; and
• other external financial-service providers.

Provider-retention analysis is included within the Enterprise + Source Code migration scope.

Source Code and Long-Term Platform Control

The Enterprise + Source Code package is intended for organizations seeking a higher level of technical independence.

Along with Progressive Cutover Migration, customers receive the applicable SAMFCore source-code licensing rights, allowing the licensed deployment to be maintained, modified and developed within the agreed licence scope.

SAMFCore also supports customer-controlled deployment and provider-independent architecture, allowing businesses to select the infrastructure and external financial-service providers appropriate to their own operating model.

A Broader Alternative to Recurring Platform Dependence

SAMFCore is available under annual and perpetual licensing structures.

For businesses choosing the applicable perpetual and source-code model, the objective is to provide greater long-term control over the technology environment rather than requiring indefinite dependence on a recurring software subscription simply to retain use of the platform.

The inclusion of Progressive Cutover Migration with the Enterprise + Source Code package further addresses one of the largest practical barriers to changing financial software: the transition itself.

“Businesses often stay with an incumbent financial platform because migration appears too disruptive or expensive. With the SAMFCore Enterprise + Source Code package, Progressive Cutover Migration is included within the agreed implementation scope. That allows us to plan the data, provider integrations and customer transition as part of the implementation rather than leaving the buyer to solve migration separately.” - Marvin Rowe, Swiss AMF AG

Financial-services businesses currently using another banking, fintech, payments or digital-asset platform can request a migration assessment to review their existing software, data, providers, integrations and transition requirements.

More information is available at SAMFCore.com/switch-to-samfcore.

Contact Information

Mike Hightower

Editor in Chief

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