• (888) 634-7684
MetaSource Document Management Software & Workflow Automation Solutions

8


Locations

1,000+


Associates

4,700+


Clients

120+


Current BPO Engagements


Blog

How to Decommission & Migrate Away from Legacy LOS

Colin Graf | Tuesday, January 03, 2017

How to Decommission & Migrate Away from Legacy LOS

If you're using a homegrown or legacy loan origination system (LOS) but have been hesitant to decommission and migrate away from it because of the expense and headaches involved, you need to know about InfoArchive from EMC.

What Is InfoArchive?

InfoArchive is an enterprise archiving platform that stores related structured data and unstructured content in a single consolidated repository that is much more cost-effective and stable than legacy information systems. As a result, InfoArchive helps focus your IT budget on innovation rather than maintaining old software.

Migration Services

MetaSource professional services ensures that your archival data is migrated to InfoArchive. To ensure this, we also keep your old software system running for a period of time in case of any hiccups. Once this period of redundancy is no longer needed, we fully decommission the old software.

The Case for Migration & Decommissioning

There are four main reasons for doing this:

  1. Cost Savings: either the cost of what you're being charged by the vendor for software maintenance (often 20% of the original cost) and/or the annual fully loaded cost of everyone on your team that is employed to keep the system running
  2. Opportunity Cost: the value of what your employees could be doing who are instead using and maintaining the old system
  3. QC: does the vendor or your internal team adhere to the principles of dev ops, continuous engineering and agile development? The developers behind InfoArchive do...
  4. Risk Mitigation: with older software, there are usually only a few people that even know how to keep it running - what happens if they get hit by a bus?

Thus, if you're using a legacy or homegrown LOS, then InfoArchive combined with our professional migration services can be the answer. The first step is to conduct a no-obligation, legacy LOS audit to determine the scope of the migration and decommissioning, so contact us today to get started.

Contact us to learn more about migrating and decommissioning legacy loan origination systems


Comments

All Recent Posts


Tags

construction competitive advantage contact center services emc software captiva 7.5 kofax clean energy emc captiva whitepaper law enforcement accounts payable (AP) automation gartner magic quadrant opentext high performance teams contractor management captiva document capture software contractor onboarding patient records workflow automation pre-fund quality control (QC) I-9 remittance processing advanced document capture post-close quality control (QC) emc remote support certification SOC 2, Type II paper checks Productivity enterprise content management (ECM) national partner meeting philanthropy accounts receivable (AR) applicationxtender 16.3 partner portal legacy application data migration court documents ax 8.0 business process as a services (BPaaS) emc world workflow automation software personnel files human resources (HR) check 21 infoarchive state's attorney document security emc partners credit union information governance applicationxtender 8.0 Business Process Outsourcing (BPO) property-assessed clean energy (PACE) trucking body worn and dashboard cameras metastor diskxtender (DX) customer service loan origination software (LOS) cloud document management software ImageTrust kofax kapow transportation 5 dysfunctions of a team mortgage document management software electronic health/medical records (EHR/EMR) emc applicationxtender (ax) ax 16.3 careers robotic process automation (RPA) information rights management (IRM) document scanning SFTP captiva mobile capture records management legacy software decommissioning lockbox government applicationxtender 8.1 emc infoarchive medical records esubmit Strategic Advisory Council case study lendercare

Archive