On October 14th, 2020, Cube Finance hosted the webinar “How to Easily Migrate to Your New OMS/PMS on the Cloud”, an online event dedicated to financial organizations interested in modernizing their portfolio management infrastructure.
The webinar focused on the migration process from legacy Portfolio Management Systems to the Cube Platform hosted on the Microsoft Azure cloud environment. Participants were guided through the main steps and procedures followed by Cube Finance clients when transitioning from their existing systems to a cloud-based setup.
The session covered the following topics:
- Definition and fundamentals of cloud computing
- Comparison between on-premises and cloud solutions: advantages and disadvantages
- Microsoft Azure and the importance of choosing a secure and trusted provider to ensure data protection
- IaaS, PaaS and SaaS service models and how to balance efficiency, resources and costs
- System security and business continuity
- Data flows and system integration
- Overview of the Cube Platform
- Setting up Cube Platform in the cloud environment
- The role of Cube Finance throughout the cloud migration process
- System testing and parallel testing with the legacy platform
The webinar provided a practical overview of how financial institutions can approach cloud migration while ensuring operational continuity, security and a smooth transition from existing systems.
