Hi Chinmay,
the functionality of FastLoad is a subset of MLoad, every FastLoad job could be replaced by an MLoad.
But FL is always faster than ML, because it inserts directly into the empty target table while ML loads in a staging table (worktable) and then inserts into the target. And ML needs additional perm space for this worktable.
The 2 or 5 phases are just a definition. The acquisition phase (phase 3) of ML is just like FastLoading the source data into MLoad's worktable, you could split that into two phases, too :-)
Dieter
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