Altair Monarch vs. Middesk

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Altair Monarch
Score 8.0 out of 10
N/A
Altair Monarch (formerly Datawatch Monarch, acquired by Altair in December, 2018) works with both relational and multi-structured data including support for a wide range of formats including PDF, XML, HTML, text, spool and ASCII files. The product can access data from invoices, sales reports, balance sheets, customer lists, inventory, logs and more. According to the vendor, the system is easy to use, allowing users to quickly select any data source and automatically convert it into…N/A
Middesk
Score 8.7 out of 10
N/A
Middesk is a business intelligence (BI) software used to onboarded clients working in three primary verticals — Fintech, Credit Reporting, and Business Marketplaces.N/A
Pricing
Altair MonarchMiddesk
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchMiddesk
Free Trial
YesNo
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsContact vendor for pricing information.
More Pricing Information
Features
Altair MonarchMiddesk
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
7.7
1 Ratings
6% below category average
Pixel Perfect reports00 Ratings8.01 Ratings
Customizable dashboards00 Ratings7.01 Ratings
Report Formatting Templates00 Ratings8.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
8.0
1 Ratings
1% below category average
Drill-down analysis00 Ratings8.01 Ratings
Formatting capabilities00 Ratings8.01 Ratings
Integration with R or other statistical packages00 Ratings8.01 Ratings
Report sharing and collaboration00 Ratings8.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
6.4
1 Ratings
27% below category average
Publish to Web00 Ratings7.01 Ratings
Publish to PDF00 Ratings5.01 Ratings
Report Versioning00 Ratings5.01 Ratings
Report Delivery Scheduling00 Ratings8.01 Ratings
Delivery to Remote Servers00 Ratings7.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
7.3
1 Ratings
10% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.01 Ratings
Location Analytics / Geographic Visualization00 Ratings7.01 Ratings
Predictive Analytics00 Ratings8.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
8.5
2 Ratings
1% below category average
Multi-User Support (named login)00 Ratings7.01 Ratings
Role-Based Security Model00 Ratings8.52 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.52 Ratings
Single Sign-On (SSO)00 Ratings9.02 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
6.3
1 Ratings
23% below category average
Responsive Design for Web Access00 Ratings8.01 Ratings
Mobile Application00 Ratings8.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings3.01 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Altair Monarch
-
Ratings
Middesk
8.0
1 Ratings
1% above category average
REST API00 Ratings8.01 Ratings
Javascript API00 Ratings8.01 Ratings
iFrames00 Ratings6.01 Ratings
Java API00 Ratings8.01 Ratings
Themeable User Interface (UI)00 Ratings8.01 Ratings
Customizable Platform (Open Source)00 Ratings10.01 Ratings
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User Ratings
Altair MonarchMiddesk
Likelihood to Recommend
8.1
(6 ratings)
8.5
(2 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
7.5
(2 ratings)
Support Rating
-
(0 ratings)
9.0
(2 ratings)
User Testimonials
Altair MonarchMiddesk
Likelihood to Recommend
Altair Engineering, Inc.
The product is especially useful when you have real-time and/or time series data to analyze. If you have more mundane, simpler requirements, other products might do the job you need for less money (there are even some decent open source visualization tools you can find.) I know the product is very widely used in capital markets applications to monitor and analyze risk and price and volume changes; if you're working in that area, I don't think there's a better tool to use.
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Middesk Inc.
Middesk majorly provides us with real-time access to the data and documents which are required for automating KYB and CIP regulatory compliance, mitigating front and backend risk. In addition, it is the easiest way for financial services companies to verify and monitor their business customers. It for us very much makes the process of onboarding customers very easy.
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Pros
Altair Engineering, Inc.
  • Creating a basic model to extract data from a report is very easy.
  • Advanced features like Calculated Fields and External Lookups allow you to augment the raw data.
  • You can create a "project" to automate the data extraction. Combined with Datapump (a separate DW app), you can fully automate the process once the raw report is generated.
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Middesk Inc.
  • Gathering information needed for registration.
  • Making the registration process efficient.
  • Guiding us through the process when we hit snags.
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Cons
Altair Engineering, Inc.
  • Recently, we had some major sticker-shock when we wanted to upgrade Data Pump. It is an exceptional product, but when the price jumped from $6,000 to over $60,000, it was impossible to get the funds approved internally for the upgrade.
  • We also paid for yearly maintenance contracts which included Professional Services, but rarely found those services beneficial. However, we did receive all software upgrades for Datapump as part of the contract which we found to be very beneficial. However, with the new pricing, that is not longer the case.
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Middesk Inc.
  • Better navigation.
  • More marketing and make it very reachable to customers.
  • Login is difficult.
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Likelihood to Renew
Altair Engineering, Inc.
Even though we do not utilize it on a daily basis, I do hope my current company renews it's license. If not, I intend to purchase myself.
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Middesk Inc.
No answers on this topic
Usability
Altair Engineering, Inc.
No answers on this topic
Middesk Inc.
UI is not as intuitive as other systems we use. For states that require income tax withholding, some of them require registration with multiple agencies - the UI doesn't easily tell you which login credentials are tied to which agency.
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Support Rating
Altair Engineering, Inc.
No answers on this topic
Middesk Inc.
The user experience of this tool must be rearchitected. I am able to observe a lot of lag in the process when initiated. There are sometimes when the tool's navigation becomes difficult. The time taken at times is large to process a request and this can also be highly improved in the future.
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Alternatives Considered
Altair Engineering, Inc.
Datawatch is very good value of money compared to QlikView; QlikView is really more of a BI tool and has a lot of functions that I didn't need. Datawatch is very strong in the real-time area where Tableau, Panorama, and Qlik don't do very well. If you need to set up a visual monitoring dashboard, Datawatch is the best product I've seen for that. if you want to do a lot of in depth statistical analysis of large databases, Tableau is probably a good option.
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Middesk Inc.
ADP Workforce Now offers a module to handle payroll tax registrations. The interface is confusing and the information is hard to find. The service and support are awful - nobody ever knows who can answer tax account questions, they escalate to a different department and promise a callback but they never call back.
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Return on Investment
Altair Engineering, Inc.
  • Data Pump reduces complexity of report solutions by offering a standardized approach for organizing and scheduling
  • 97% service level for past 5 years for all of our jobs going through Data Pump
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Middesk Inc.
  • Better speed.
  • Better quality for optimal cost.
  • Saves a lot of time.
Read full review
ScreenShots

Altair Monarch Screenshots

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Middesk Screenshots

Screenshot of Middesk