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Oracle to SQL Database Conversion and CLOUD MIGRATION

Database Services

Moving to the Cloud? SQL Advantages

Timely data and flexible pay and scale on-demand databases are in demand to serve modern CTRM database management needs. In fact, Forbes has determined that by 2025 more than 80 percent of companies will employ cloud-based commodity trading software to optimize and expedite their workflows. In addition, Azure Cloud users take advantage of purpose-built platform integrations and responsive customer support from Microsoft.

percentage

More Power. More Storage. Lower Cost.

The cloud solves the storage problem, but energy and commodities traders often receive a nasty sticker shock when they decide to move their Oracle database from on-premises deployment to the cloud as part of their CTRM upgrade process.

For many, Oracle cloud deployment is cost-prohibitive, with a unit license costing as much as $60,000. SQL delivers cloud-based processing power at about $10,000 with RTB fees of around $5,000 – a third of Oracle’s rate.

Switch to SQL Server as Part of Digital Transformation to Azure Cloud

The licensing fee for Oracle cloud deployment increases exponentially, leading many to make a clean break and switch to the SQL server as part of their digital transformation to Azure Cloud. This creates value in several ways:

Faster,Flexible, less complex deployment

Scalability based on workflow and user demand

Vendor-managed maintenance & data security

Reliability with lower ongoing
costs

Here’s what that looks like in the CTRM sphere

Database

Data Conversion and Cloud Migration Challenges

Naturally, Oracle makes switching out of its relational database management system (RDBMS) as complicated as possible. Only an experienced conversion and migration consultant should be entrusted to handle these intricate and nuanced tasks:

Data Normalization is Hard

Transforming the unique method Oracle uses to record, format, and store data in unique packages, codes, arrays, and tables to Azure SQL standards.

Testing & Affirming Data Integrity is Time Consuming

Testing and iteration of conversion and migration tasks to ensure perfect compatibility and data integrity before phased or wholesale transfer can be implemented.

Aligning Data Structure with a Business Process is Must

Configuration of table, column, row, and cell relationships based on the client’s business requirements to make indexing and querying as efficient as possible.

Your Trusted SQL Database Conversion and Cloud Migration Partner

Engaging with Value Creed gives commodity management software users a partner that is experienced in both upgrades and cloud management to ensure quick implementation and full realization of benefits of their digital transformation:

Progressive Timeline & Risk Mitigation

On-Budget Deployment

Testing & Extension Integration

Testing & Extension Integration

Leave Cloud Hosting and Monitoring to the Pros

Value Creed’s Run Smart™ CTRM Cloud Monitoring and Maintenance ensures your instance is up and running with a 99% uptime guarantee and more.

Value Creed’s Oracle to SQL Cloud Migration Process

With decades of expertise in CTRM/ETRM platforms, Value Creed’s team of functional and technical experts define a migration roadmap inclusive of business processes, workflows, data format requirements, integrations, extensions and destination data format requirements.  This thorough approach ensures shorter testing cycles and seamless migration from on-premise data stores to cloud-based data stores.  Rely on Value Creed’s proven cloud migration approach founded on continuous improvement.

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Initiate
2
Discover
3
Design
4
Migrate
5
Integrate
6
Validate
7
Operate
8
Optimize
CASE STUDY

Implementation in 2 Months

A multinational coal producer integrated its on-premises CTRM, ERP, and risk infrastructure with cloud solutions through Value Creed’s advisory services. The project ensured SOX compliance, enhanced security, and delivered rapid, cost-effective implementation in just 2 months. The team provided comprehensive training and a secure, flexible cloud environment, optimizing resources and reducing expenses.

Ready to get started?

Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.