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Fiserv Wealth Management Network vs. Informatica Cloud Data Quality

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fiserv Wealth Management Network

    Score8 out of 10
    N/AThe Wealth Management Network from Fiserv is an expansive networks of managed account data and connectivity. It brings together asset managers and sponsors to perform all necessary business functions to support the industry. The Network includes messaging services, information exchange, and managed account data services.N/A

    Informatica Cloud Data Quality

    Score6.9 out of 10
    N/AThe vendor states that Informatica Data Quality empowers companies to take a holistic approach to managing data quality across the entire organization, and that with Informatica Data Quality, users are able to ensure the success of data-driven digital transformation initiatives and projects across users, types, and scale, while also automating mission-critical tasks.N/A
    Pricing
    Fiserv Wealth Management NetworkInformatica Cloud Data Quality
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fiserv Wealth Management NetworkInformatica Cloud Data Quality
    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
    Features
    Fiserv Wealth Management NetworkInformatica Cloud Data Quality
    Data Quality
    Comparison of Data Quality features of Fiserv Wealth Management Network and Informatica Cloud Data Quality
    Feature
    Fiserv Wealth Management Network
    -
    Ratings
    Informatica Cloud Data Quality
    8.2
    4 Ratings
    4% below category average
    Data source connectivity00 Ratings8.94 Ratings
    Data profiling00 Ratings8.74 Ratings
    Master data management (MDM) integration00 Ratings8.24 Ratings
    Data element standardization00 Ratings7.14 Ratings
    Match and merge00 Ratings7.94 Ratings
    Address verification00 Ratings8.44 Ratings
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    Fiserv Wealth Management NetworkInformatica Cloud Data Quality
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    User Ratings
    Fiserv Wealth Management NetworkInformatica Cloud Data Quality
    Likelihood to Recommend
    8.0
    (2 ratings)
    9.0
    (19 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    6.6
    (14 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (1 ratings)
    Availability
    -
    (0 ratings)
    9.0
    (2 ratings)
    Performance
    -
    (0 ratings)
    9.0
    (1 ratings)
    Online Training
    -
    (0 ratings)
    10.0
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    10.0
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    Fiserv Wealth Management NetworkInformatica Cloud Data Quality
    Likelihood to Recommend
    Fiserv
    Fiserv Wealth Management Network is well suited in scenarios where an organization has multiple financial services providers and would like the benefit of tying that all together and managing it from a single, unified solution. The benefit there is increased efficiency and productivity, especially when compared to the manual alternative of having managers log in to separate sponsor platforms.
    Incentivized
    Read full review
    Informatica
    For effective data collaboration, systematic verification of customer information, and address, among others, Informatica Data Quality is a fruitful application to consider. Besides, Informatica Data Quality controls quality through a cleansing process, giving the company a professional outline of candid data profiling and reputable analytics. Finally, Informatica Data Quality allows the simplistic navigation of content, with a dashboard that supports predictability.
    Incentivized
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    Pros
    Fiserv
    • R&D is fantastic as they have the resources
    • Online resources to help figure things out
    • Easy to navigate
    Incentivized
    Read full review
    Informatica
    • The matching algorithms in IDQ are very powerful if you understand the different types that they offer (e.g., Hamming Distance, Jaro, Bigram, etc..). We had to play around with it to see which best suit our own needs of identifying and eliminating duplicate customers. Setting up the whole process (e.g., creating the KeyGenerator Transformation, setting up the matching threshold, etc..) can be somewhat time consuming and a challenge if you don't first standardize your data.
    • The integration with PowerCenter is great if you have both. You can either import your mappings directly to PowerCenter or to an XML file. The only downside is that some of the transformations are unique to IDQ, so you are not really able to edit them once in PowerCenter.
    • The standardizer transformation was key in helping us standardize our customer data (e.g., names, addresses, etc..). It was helpful due to having create a reference table containing the standardized value and the associated unstandardized values. What was great was that if you used Informatica Analyst, a business analyst could login and correct any of the values.
    Read full review
    Cons
    Fiserv
    • Cost ... it's definitely not the cheapest option out there. the way pricing is itemized and a separate upcharge for each add-on gets annoying. They can probably bundle things a little better and offer a discount on the bundled products
    • the volume of system updates and changes is nauseating at times and we have to prepare and test accordingly every time there is a scheduled update. that takes up a lot of resources; quarterly updates to products would be much easier.
    • more responsive support and ideally more stable support engineers ... it seems like turnover is high in their support roles and that impacts customer success and MTTR.
    Incentivized
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    Informatica
    • Several partnerships diminishing the value of technologies
    • Unable to get list of objects from Repository (like sources & targets) that don't have any dependency
    • Scheduling: The built-in scheduling tool has many constraints such as handling Unix/VB scripts etc. Most enterprises use third party tools for this.
    Read full review
    Likelihood to Renew
    Fiserv
    No answers on this topic
    Informatica
    As pointed out earlier, due all the robust features IDQ has, our use f the product is successful and stable. IDQ is being used in multiple sources (from CRM application and in batch mode). As this is an iterative process, we are looking to improve our system efficiency using IDQ.
    Read full review
    Usability
    Fiserv
    No answers on this topic
    Informatica
    Easy to use not only for developers but also business users
    Incentivized
    Read full review
    Reliability and Availability
    Fiserv
    No answers on this topic
    Informatica
    The application works well except an occasional error out while using the system. It usually gets fixed when restarting the Infa server
    Incentivized
    Read full review
    Performance
    Fiserv
    No answers on this topic
    Informatica
    Performance works just fine. It was able to load 200+ business terms, 150+ DQ automation, etc. very well.
    Incentivized
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    Alternatives Considered
    Fiserv
    Far superior in my opinion. More features, easier to navigate and superior customer service
    Incentivized
    Read full review
    Informatica
    IDQ is used by a department at my organisation to ensure and enhance the data quality.
    The usage was started with address standardization and now it had been brought to altogether a next level of quality check where it fixes duplicates, junk characters, standardize the names, streets, product descriptions.
    In the past we had issues mainly with duplicate customers and products and this were affecting the sales projection and estimates.
    Read full review
    Scalability
    Fiserv
    No answers on this topic
    Informatica
    Scalability works as expected and it is truly an enterprise system.
    Incentivized
    Read full review
    Return on Investment
    Fiserv
    • Speed of service is greatly improved across partners. I believe our MTTR for service requests has improved by 30-40%
    • Standardized platform for our staff which translates to better retention and a lower training effort.
    • Cost is the negative impact ... it goes without saying that using Fiserv is much more expensive to the manual alternative which is very human resource intensive but low cost. But that's to be expected ...we're just trading time for money.
    Incentivized
    Read full review
    Informatica
    • Integration with tools like PowerCenter helped faster delivery of product, and at the same time conversion
    • Reduce overall project cost due to bad data , bad quality, exceptions identified nearing go-live and post production
    • Employee efficiency is increased exponentially due to more automated, customized tool
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