IBM Transformation Extender vs SWIFTnet FIN comparison

IBM Transformation Extender (formerly IBM WebSphere Transformation Extender) enables your organization to integrate industry-based customer, supplier and business partner transactions across the enterprise. It helps automate complex transformation and validation of data between a range of different formats and standards.

The solution provides complex data processing capabilities for some of the most mission-critical applications in the world—from stock exchanges and pharmaceuticals to manufacturing, insurance and global commerce.

IBM Transformation Extender offers these features and benefits:

• Provides a single, universal transformation solution to help eliminate the need for multiple data transformation tools.
• Offers flexible deployment options to deliver transformation capabilities across your IT infrastructure.
• Supports industry-standard data transformation requirements to help meet customer demands and government mandates.

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.