Largest bank in South America chooses Piql
Itaú Unibanco is a major financial institution based in Brazil with over 5,000 branches in Latin America and 5,119 offices worldwide.
Financial institutions face unique archival challenges managing both contemporary and historical content across a variety of media and archival management systems.
As one of the largest banks in the world, Itaú Unibanco faced a number of data management challenges with data spread across separate systems and formats and with different protocols for digitally-born content and for digitised or analogue content.
In the past, the bank has maintained a large archive of client information preserved on microfilm and microfiche. Some of the management challenges include, for example, the need for microfilm and microfiche to be carefully scanned, frame by frame, resulting in slow access and resource-intensive access process. This approach also posed risk to the data as reels were handled regularly, exposing them to wear and tear.
Itaú Unibanco needed a solution that would modernise its archive, offering sustainability and that could be integrated with existing IT infrastructure.
After an extensive search for a solution that would meet the needs of such a vast archive, Itaú Unibanco has chosen Piql’s purpose-built archival solution.
Piql’s unique ability to meet our clients wherever they are on the journey to an optimised sustainable archive was an attractive feature for Itaú Unibanco. Piql first provided high quality and efficient digitisation of all microfilm and microfiche records (with optical character recognition and enhanced automated metadata extraction). All data were then ingested into their existing digital archive, prior to storing all data on piqlFilm, the world’s most sustainable digital medium.
All other physical storage media become obsolete over time, requiring data migrations to ensure files remain accessible. Digital information stored on piqlFilm will never need migration and can be accessed no matter how long it is stored for.
This tailored solution complements the existing archive, offering similar longevity and security.