Case Study: a leading bank achieves seamless ESOP platform migration testing with iCEDQ

Leading Bank achieves 100% test coverage and $1M savings with iCEDQ

The customer, a leading bank, faced the challenge of consolidating two separate Employee Stock Option Plan (ESOP) trading platforms after an acquisition. This required a major data migration initiative to retire the legacy platform while ensuring business continuity and regulatory compliance. They utilized iCEDQ, an automated data testing platform, to manage the complexity of this migration.

iCEDQ implemented a solution using its data reconciliation capabilities to automate testing across multiple environments, including DB2 databases, fixed-width files, and a Hive data lake. This ensured data accuracy and integrity throughout the multi-phase migration process. The use of iCEDQ resulted in 100% test coverage and automation, a reduction in required headcount, and direct cost savings of over $1 million, all while meeting stringent regulatory requirements.