Compare SWIFTnet FIN vs. Tieto Business Information eXchange

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Top Answer: It provides the ability to interact with financial institutions and apply the same rules.
Top Answer: I would like for them to work in real-time.
Top Answer: Our company sells this product to our clients and also integrates them into a client's environment. In most cases, it's the integration of systems, of interfaces with IBM MQ or Insights.
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Also Known As
Business Information eXchange, BIX
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SWIFT
TietoEVRY
Overview

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.

Tieto Business Information eXchange (BIX) is a modular service platform that facilitates automation of the entire financial value chain. The service portfolio covers various cloud services in B2B messaging areas such as e-trade, e-invoicing and bank connectivity. Business Information eXchange covers solutions to integrate our customers with their external partners such as clients, suppliers, financial service providers and public authorities.

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Sample Customers
Alcatel-Lucent, Bank of Tokyo-Mitsubishi UFJ, Canadian National Railway, General Electric Company, Huawei, Novartis International, Standard Bank, UniCredit, Volvo
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Find out what your peers are saying about Seeburger, MuleSoft, SAP and others in Business-to-Business Middleware. Updated: August 2020.
437,064 professionals have used our research since 2012.
SWIFTnet FIN is ranked 6th in Business-to-Business Middleware with 1 review while Tieto Business Information eXchange is ranked 23rd in Business-to-Business Middleware. SWIFTnet FIN is rated 9.0, while Tieto Business Information eXchange is rated 0.0. The top reviewer of SWIFTnet FIN writes "Has strong stability and professional support". On the other hand, SWIFTnet FIN is most compared with SWIFT InterAct, whereas Tieto Business Information eXchange is most compared with .

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