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CGI Open Finance vs. Magic xpi Integration Platform

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    CGI Open Finance

    Score9.5 out of 10
    N/ACGI Open Finance is a digital transformation platform for integrating technology between fintech and banks via an API and orchestration layer.N/A

    Magic xpi Integration Platform

    Score7.1 out of 10
    N/AMagic xpi Integration Platform is a business-to-business middleware offering, from Magic Software Enterprises in Laguna Hills, California.N/A
    Pricing
    CGI Open FinanceMagic xpi Integration Platform
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    CGI Open FinanceMagic xpi Integration Platform
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    CGI Open FinanceMagic xpi Integration Platform
    Small Businesses
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    Medium-sized Companies
    No answers on this topic
    Apache Camel
    Score7.4 out of 10
    Enterprises
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    TIBCO B2B Integration Solution
    Score8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    CGI Open FinanceMagic xpi Integration Platform
    Likelihood to Recommend
    10.0
    (1 ratings)
    8.0
    (1 ratings)
    User Testimonials
    CGI Open FinanceMagic xpi Integration Platform
    Likelihood to Recommend
    CGI
    It enable for us to connect our bank account with other fintech to have more reliability, flexibility and transparence between our subsidiaries. It's secure, reliable and fast. The only negative point is you need to have some technical skills to manage the integrations successfully
    Incentivized
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    Magic Software Enterprises
    In our experience, the product performs really well when interfacing systems with ERP's through SQL server database tables, but we've even made some interfaces with the web service functionality included with the magic xpi integration platform. Also, we've made some SAP Business One - SAP Business One interfaces, for copying information from one company to another.
    Incentivized
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    Pros
    CGI
    No answers on this topic
    Magic Software Enterprises
    • The UI is really simple to use, you have source / destination mapping for the items.
    • The scheduler gives you a lot of options when executing the models.
    • The error handling is usually pretty good and the errors can be corrected fast.
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    Cons
    CGI
    No answers on this topic
    Magic Software Enterprises
    • Although the scenarios may be online, the main service usually freezes and the processes can't transact any data. With a single restart of the service, the processes will be functioning again.
    • The support for more applications would be nice, even though there is a nice number of them.
    • The licensing for the software may be a little confusing.
    Incentivized
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    Alternatives Considered
    CGI
    CGI open finance is really good to manage our integrations between our different fintech providers. It's totally reliable, secure, easy to implement and fast. It help us a lot to have more flexibility in our organisation between our subsidiaries
    Incentivized
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    Magic Software Enterprises
    Honestly, we have only used and evaluated magic xpi platform because of the recommendation of our SAP Business One main supplier, who has previously used the platform for their developments. So far, we have no regrets with the acquisition of the platform and we are very happy with it's performance until now.
    Incentivized
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    Return on Investment
    CGI
    No answers on this topic
    Magic Software Enterprises
    • The implementation time for this kind of projects has been greatly reduced.
    • Certifying an In-House resource in the Magix xpi platform is probably the best option, considering all of the projects that can be developed in the future without the need of an external consultant.
    • The processes that have been automatized with the Magic xpi platform helped reduced human error and the time those processes took to finish.
    Incentivized
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