ETHIX- ARCHIVE

Data Archiving is a process of ooading the unused/inactive/dormant data from the online database and store it in an alternate storage system, such as magnetic tapes or hard disks. Archiving has many advantages like performance improvement, availability of storage space, reduced maintenance costs, etc. Though archiving has advantages, organizations cannot create archives at any time it desires. This is due to the fact that an organization needs to maintain the data on the database up to a certain period of time before it is archived in order to meet some legal and government requirements.
Banks face many problems, such as the growth in size of the production databases, which impact the
system performance negatively. In addition, some of those problems are related to the archiving
solutions that are being used by the bank. For Example:

  • Each product might have its specific archiving module which requires the whole system to have many operators. Moreover, , unifying the archiving system across the entire system is very costly for the Bank
  • The customer is very dependent on the software vendor and will need to create Change requests for any needed change or requirement that might affect the archive
  • Some architectural problems like managing the production and archiving databases on the same server and a number of security vulnerabilities
  • Most archiving solutions are not durable, they have a limited life time

The reason behind the development of ETHIX-Archive came from the need to automate the archiving
process instead of interfacing with multiple archiving Modules.

Product and service specifications
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Tags:
Archive