Altair Monarch vs. Quantemplate

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
Quantemplate
Score 0.0 out of 10
Enterprise companies (1,001+ employees)
Quantemplate's data integration, automation and analytics platform aims to turn insurance data sources into trusted insights. It is presented as a data preparation solution for insurance professionals, automating data clean-up, then performing calculations, augmenting with external data and doing validation checks – all without writing a single line of code. The vendor describes its benefits: Comprehensive: full data transformation feature set with over 50…N/A
Pricing
Altair MonarchQuantemplate
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Altair MonarchQuantemplate
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalOptional
Additional DetailsCustom pricing tailored to your needs. Setup and support from insurance experts. ‘Proof of Concept’ projects available. Fastest time to deployment with SaaS platform. No hidden server or IT costs.
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Community Pulse
Altair MonarchQuantemplate
Top Pros

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Top Cons

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Best Alternatives
Altair MonarchQuantemplate
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IBM SPSS Modeler
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Medium-sized Companies
IBM InfoSphere Information Server
IBM InfoSphere Information Server
Score 8.1 out of 10
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Score 8.1 out of 10
Enterprises
IBM InfoSphere Information Server
IBM InfoSphere Information Server
Score 8.1 out of 10
IBM InfoSphere Information Server
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Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Altair MonarchQuantemplate
Likelihood to Recommend
8.1
(6 ratings)
-
(0 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
User Testimonials
Altair MonarchQuantemplate
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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Quantemplate
No answers on this topic
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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Quantemplate
No answers on this topic
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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Quantemplate
No answers on this topic
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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Quantemplate
No answers on this topic
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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Quantemplate
No answers on this topic
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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Quantemplate
No answers on this topic
ScreenShots

Altair Monarch Screenshots

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Quantemplate Screenshots

Screenshot of Column Header Mapping: Standardise schemas across dozens of incoming datasets in seconds, assisted by Machine LearningScreenshot of Fuzzy matching: Automate the mapping of company names, addresses, occupancy/construction codes and more with Automap ValuesScreenshot of Validations: have confidence in your data by building automated data validation checks to profile the quality of incoming data and assure quality of outputScreenshot of Analytics: Drag-and-drop tools to pivot, filter and chart your data, then assemble into high-finish customisable reports.