Miscot provides data archival solution and services to major PSU and Private banks in India. Our archival solution & services are tailor made for banking vertical. Our offering of archival solution is not limited to archiving legacy system's data. We also offer real time archival of production data. Our archival solution is operational at more than 6000 branches and managing 20 terabytes of data.

The banking industry has been facing rapid changes in the use of technology for driving its business needs. From manual ledgers and registers there have been consistent efforts from the banks to deploy various types of technologies for improving their business processes. Thus we have seen banks moving from one kind of system to other, namely,

• Manual Systems
• Adding machines
• Advanced ledger posting machines (ALPMs)
• Total branch automation (TBA)
• Core banking solution (CBS)

Migration to newer technologies equips the banks with better control over current data and application, but the data held in legacy applications pose a new challenge. The regulatory requirements, Business intelligence needs and active consumer movements call for policies and strategies in place for data retention, archival and retrieval.