Data migration is a critical component of mergers and acquisitions (M&A), particularly in the banking sector, where seamless integration of information systems is essential for operational continuity and regulatory compliance. This review examines data migration strategies employed during M&A activities, focusing on a case study in the banking sector. The study explores the challenges, methodologies, and best practices that ensure successful data transfer while minimizing risks and disruptions. In the context of banking, M&A transactions often involve integrating vast amounts of sensitive data, including customer records, financial transactions, and regulatory documents. Effective data migration is crucial to preserving data integrity, maintaining customer trust, and achieving the strategic goals of the merger or acquisition. This case study highlights the importance of a well-structured data migration plan, which includes comprehensive data mapping, validation processes, and robust security measures. The review delves into the various strategies adopted for data migration, such as phased migration, parallel run strategies, and the use of automated tools to streamline the process. It also discusses the significance of collaboration between IT and business teams to address data quality issues, ensure compliance with regulatory standards, and align migration efforts with the overall M&A objectives. Furthermore, the study examines the challenges faced during the data migration process, including legacy system integration, data redundancy, and the need for real-time data synchronization. By analyzing the outcomes of the case study, the review provides insights into the lessons learned and the critical success factors that can guide future M&A activities in the banking sector. In conclusion, this study underscores the pivotal role of effective data migration strategies in ensuring a smooth transition during mergers and acquisitions in the banking sector, ultimately contributing to the long-term success of the consolidated entity. Keywords: Data Migration, Mergers and Acquisitions, Banking Sector, Data Integration, Data Mapping, Regulatory Compliance, Phased Migration, Parallel Run Strategy, Legacy Systems, Data Synchronization.
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