IBM Supply Chain Business Network vs SWIFTnet FIN comparison

IBM B2B Collaboration Network helps you reduce the time and complexity of integrating with your local and global business partners. Use our expert services to on-board faster, automate electronic document interchange and manage your B2B operations—through a connection to more than 300,000 trading partners worldwide. The secure and scalable solution can help you solve business-to-business challenges such as managed file transfer, language translations and connecting people, systems and technology.

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.