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