IBM Sterling B2B Integration Services vs SWIFTnet FIN comparison

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1,802 views|1,396 comparisons
100% willing to recommend
SWIFT Logo
1,036 views|844 comparisons
100% willing to recommend
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Executive Summary

We performed a comparison between IBM Sterling B2B Integration Services and SWIFTnet FIN based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, MuleSoft, IBM and others in Business-to-Business Middleware.
To learn more, read our detailed Business-to-Business Middleware Report (Updated: April 2024).
768,886 professionals have used our research since 2012.
Featured Review
OleksiiShcherbatiuk
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"They have best-in-class, quality support.""The solution is extremely scalable.""We are able to monitor all B2B messages, and we are able to see or track each message on it from an error perspective. That's a good side of it. It is working well, and we're able to do our current job.""The product's most valuable feature is the real-time integration suite.""They have multiple features for each kind of task and issue. The company has different channels to give information to the administration. Security and integration capabilities are also important. This product has helped to replace a lot of other solutions, saving time and cost."

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"It provides the ability to interact with financial institutions and apply the same rules."

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Cons
"They can improve APIs because they are still lagging behind in API connectivity. With non-API connectivity, they're market leaders, but API connectivity, they're still in the immature space.""It can be now classified as a legacy system because there are no more updates. From what I know, there will be no updates for the current version, which is an issue. Therefore, we are looking for a compatible new software that we can use. We're currently researching what is there in the market. We would consider something that would give us better speed on our current processor. There is also room for improvement in terms of its scalability and GUI. It is an old system, and its scalability can be improved. Its GUI can also be more appealing.""The only weaknesses they have different governance for each task and different channels for communication which are hard to maintain. The relation of the company with other companies can be improved. We have a lot of customers who this platform for the interchange of information which can also be improved. The compliance information about banks can also be updated.""Onboarding on the solution is complex. It's hard to onboard partners and customer suppliers. It's one aspect that is not that straightforward."

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"I would like for them to work in real-time."

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Pricing and Cost Advice
  • "Pricing is a little bit on the higher side because they give you the best support. Out of ten, I would rate pricing at seven or eight."
  • "They have a good pricing system, in relation to powerful features."
  • "The tool is expensive because of its rich features."
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    Questions from the Community
    Top Answer:The product's most valuable feature is the real-time integration suite.
    Top Answer:IBM Sterling B2B Integration Services needs to improve API management. It needs to incorporate a better and more stable use of AS3 software.
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    1,396
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    2
    Average Words per Review
    265
    Rating
    10.0
    Views
    1,036
    Comparisons
    844
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    0
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    Overview

    IBM Sterling B2B Integration Services are designed to alleviate the burden on internal resources by providing secure connectivity and collaboration with your customers, suppliers, and business partners. The solution is built on the cloud-based B2B integration and visibility capabilities of IBM Sterling B2B Collaboration Network and provides comprehensive service offerings for partner onboarding, B2B process management, and trading partner support.

    • Facilitate growth by rapidly growing and adapting your B2B community without burdening internal resources and capital
    • Reduce B2B total cost of ownership by reducing the cost and increasing the reliability of B2B operations

    Accelerate B2B collaboration with global customers and suppliers by leveraging our B2B expertise.

    FIN enables financial institutions to exchange individual structured (MT and ISO 15022 message formats) financial messages securely and reliably. FIN is used by over 10,800 financial institutions and their corporate customers worldwide to exchange over 22.3+ million messages per day across a wide range of business areas within the banking and securities industries.

    FIN value-added processing includes:

    • Message validation to ensure messages are formatted according to SWIFT message standards.
    • Delivery monitoring and prioritization.
    • Message storage and retrieval.

    It is based on a distributed processing architecture with full, built-in redundancy to ensure maximum availability.

    Sample Customers
    Information Not Available
    Alcatel-Lucent, Bank of Tokyo-Mitsubishi UFJ, Canadian National Railway, General Electric Company, Huawei, Novartis International, Standard Bank, UniCredit, Volvo
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company18%
    Manufacturing Company12%
    Financial Services Firm12%
    Retailer9%
    VISITORS READING REVIEWS
    Financial Services Firm58%
    Computer Software Company9%
    Comms Service Provider4%
    Retailer4%
    Company Size
    REVIEWERS
    Small Business38%
    Midsize Enterprise13%
    Large Enterprise50%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise7%
    Large Enterprise82%
    Buyer's Guide
    Business-to-Business Middleware
    April 2024
    Find out what your peers are saying about SAP, MuleSoft, IBM and others in Business-to-Business Middleware. Updated: April 2024.
    768,886 professionals have used our research since 2012.

    IBM Sterling B2B Integration Services is ranked 3rd in Business-to-Business Middleware with 8 reviews while SWIFTnet FIN is ranked 6th in Business-to-Business Middleware. IBM Sterling B2B Integration Services is rated 8.2, while SWIFTnet FIN is rated 9.0. The top reviewer of IBM Sterling B2B Integration Services writes "Comes with real-time integration suite and best security ". On the other hand, the top reviewer of SWIFTnet FIN writes "Has strong stability and professional support". IBM Sterling B2B Integration Services is most compared with SPS Commerce Fulfillment (EDI), SAP Process Orchestration, SEEBURGER Business Integration Suite, Mule ESB and IBM B2B Integrator, whereas SWIFTnet FIN is most compared with SWIFT InterAct.

    See our list of best Business-to-Business Middleware vendors.

    We monitor all Business-to-Business Middleware reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.