Data migration

Richmond Group helps equipment finance companies select, implement and upgrade their leasing systems.

We provide hands-on business expertise across the full implementation spectrum, including:

Data migration

Data migration is often underestimated, over budget, and late in delivery, but this need not be the outcome. Key critical success factors for equipment finance system migrations include:

  • Treating data migration as a business project, not an IT-only unavoidable chore. Doing this will significantly enhance chances of success
  • Conducting data profiling and cleansing early
  • Engaging Finance support early to address items such as: technical, income recognition balance conversion (these are usually calculated balances that need different migration approaches), general ledger reconciliation
  • Managing the mutual dependencies between the main system configuration and customisation build and test tasks with the migration build and test tasks

Further information

To view or download any of our product sheets or articles, including that for Data migration, please use our quick and easy Login or Register your account

You can view all our downloadable documents here.

Working with Richmond

Equipment finance expertise

Deep understanding of equipment finance and leasing


Delivering projects in Europe, the Americas and Asia

Practical and pragmatic

Experienced, knowledgeable, safe

Our clients

We are proud of our established track record of delivering projects for our clients as their trusted partner