Key Highlights
- OptiSol supported a global BFSI organization in transitioning from Oracle’s end-of-life reporting tools to the modern Jasper Reports platform, ensuring compliance, accuracy, and security across all operational regions.
- The client faced end-of-life Oracle tools, complex multi-lingual reports, and strict compliance needs, requiring a scalable hybrid migration approach.
- OptiSol implemented its proprietary iBEAM Jasper Conversion Tool (JCT) to automate the majority of the migration process, enabling structured transfer of report formats, layouts, and business logic while minimizing manual errors.
- Our team refined complex multi-lingual reports with compliance logic, enabling cost savings, efficiency gains, scalable future-ready architecture with zero downtime.
Problem Statement
01
Support Risks: The client’s existing Oracle reporting tools were approaching end-of-life, creating support gaps and raising long-term risks for system availability, compliance, and security. Migration became necessary to avoid business continuity issues.
02
Migration Complexity: With over 3000 reports in multiple languages, the client faced technical hurdles in ensuring accurate formatting, translation consistency, and layout stability across regions.
03
Error Risks: Tightly regulated BFSI operations required faultless migration. Minor discrepancies in data mapping or report logic could lead to compliance issues, financial inaccuracies, or reputational damage.
04
Resource Constraints: A fully manual migration was not feasible due to the scale and complexity involved. The client needed a hybrid approach that combined automation with focused manual efforts to meet tight deadlines.
Solution Overview
01
Report Assessment: OptiSol began with a structured assessment, classifying 3000+ reports into simple, medium, and complex categories. This enabled planning a tiered migration strategy balancing automation and manual refinement.
02
Automation with JCT: OptiSol implemented its proprietary iBEAM Jasper Conversion Tool (JCT) and handled nearly 70% of the report migration. The tool efficiently converted Oracle report structures, parameters, and formatting rules into Jasper-compatible outputs.
03
Manual Refinement: For the remaining 30%, our team focused on critical customizations including multi-lingual formatting, country-specific compliance logic, and complex layouts, ensuring high accuracy and regulatory alignment.
04
End-to-End Execution: The migration process included pre-migration analysis, structural conversion, logic validation, unit testing, deployment, and post-live support. This ensured consistent report delivery without service disruptions.
05
Cloud Integration: iBEAM JCT was deployed within the client’s cloud environment and integrated with existing systems, maintaining continuous access to business reports during and after the transition.
Business Impact
About The Project
This success story highlights OptiSol’s role in helping a global BFSI enterprise modernize its legacy reporting systems. With over 3000 business-critical reports operating across multiple geographies and languages, the client faced significant risks due to Oracle’s reporting tool phase-out. OptiSol implemented its proprietary iBEAM Jasper Conversion Tool (JCT) to automate a large portion of the migration and complemented it with expert manual refinement for complex reports. The engagement delivered cost and time savings, full regulatory alignment, and ensured the availability of a robust, scalable reporting platform – all with zero operational downtime.
Technology Stack
FAQs:
What is iBEAM JCT and how does it work?
iBEAM JCT is a proprietary tool by OptiSol that automates Oracle to Jasper report migration by converting report layouts, data sources, and logic structures with high accuracy and reduced manual effort.
Why migrate from Oracle Reports to Jasper Reports?
Migrating to Jasper Reports helps eliminate licensing costs, ensures continued support, and offers a scalable, open-source alternative to Oracle Reports, which are nearing end-of-life and no longer receiving updates.
Can iBEAM JCT handle complex reports with business logic and custom layouts?
Yes, iBEAM JCT automates standard elements and supports manual refinement for complex reports, ensuring that intricate business logic, formulas, and customized layouts are preserved and accurately migrated to Jasper.
Does the tool support multi-lingual report migration?
Yes, iBEAM JCT supports multi-lingual formatting. It retains language-specific elements during automated conversion, while our team ensures localization consistency through post-migration refinement and validation.
Can this tool be used in a cloud environment?
Absolutely. iBEAM JCT can be deployed within cloud infrastructures like Azure, integrating smoothly with existing systems to ensure secure, uninterrupted reporting during and after migration.
Testimonials of Our Happy Clients
Ken Kisner
Global Head of Digital R&D
My experience has been incredibly positive. They were incredibly easy to work with, even with changing requirements.
They are incredibly competitive, but are only a fraction of the cost of US companies.
They are definitely the most professional of the foreign companies that we were looking into.
Nyswyn K.
Director of Software Development
Our journey with OptiSol has been nothing short of remarkable. For over 7 years, we have partnered with them on our digital transformation, and the results have been truly transformative.
Over the years, we have come to trust OptiSol Business Solutions as a reliable and strategic partner.
Al Bagiro
CTO, Auto Insurance Company
The AI engine was completed on time and trained to 90% accuracy. Their eagerness to learn new knowledge impressed us.
Their team is large to handle multiple projects at once, and likes to resolve challenges as well as learn new things. They also welcome regular communications, and of course, needless to say, develop everything in sprints.
Dan Talken
Founder, CEO, & CTO, My Equipment Library, LLC
OptiSol Business Solutions has shown youthful skill and dedication to the projects. Moreover, they have been quick to implement their solutions without sacrificing the quality of each platform.
We’re constantly impressed with their speed and quality of the development that they achieve on a consistent basis.
Dr. A.K Pradeep
CEO MachineVantage
Exceptional Collaboration and Expertise - A Top-Notch Partner for AI, ML, and Digital Applications.
I have had the privilege of working with an exceptional team of professionals from India on numerous AI, ML, and digital application projects. Their expertise in these domains is remarkable, and they consistently impressed us with their knowledge, resources, and innovative approach.
Rick Tigges
CFO, Bemodo
They are very responsive and able to shift focus quickly as we have needed it for business reasons.
OptiSol Business Solutions has been great at documenting the timeline of the project. They were very responsive and were able to shift focus quickly, as well. They discuss what they’re working on without any issues. So far, there’s no need to improve their service.
Related Insights
Top 5 Reasons to Migrate from Oracle Reports to Jasper
In this article, Oracle Reports faces challenges like high licensing costs, complex customizations, scalability issues, and outdated features…
How the Banking Sector can Reduce Oracle Licensing Costs in 2025
This article discusses the top five proven strategies banking industries can adopt in 2025 to reduce Oracle licensing……
Why More Financial Institutions Are Moving from Oracle to Jasper Reports in 2025
This article explores why financial institutions are replacing Oracle Reports with Jasper Reports, highlighting benefits….
