| Standby Services Increasingly, debt providers to lending organisations are concerned about what happens if things go wrong. VLS has managed the quick and accurate migration of third party portfolios many times over the last ten years and is well accustomed to the process, problems and pitfalls – even when data quality is suspect or records incomplete. VLS has the real and proven ability to take over seamlessly when needed, and is not just a security blanket that turns out to be full of holes just when you need it. We offer a range of solutions for Standby Provisions. These vary from parallel synchronized system mirroring full live details of the book, the ‘hot’ alternative, to a minimum data storage with data refresh on an agreed basis, the ‘cold’ alternative. Essentially the differences are the degree of monitoring required, speed at which step in can be achieved depending on the perceived amount of risk. |
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