Fiserv Wealth Management Network vs. TIBCO BusinessConnect

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fiserv Wealth Management Network
Score 8.0 out of 10
N/A
The 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
TIBCO B2B Integration Solution
Score 8.0 out of 10
N/A
Palo Alto-based TIBCO offers a B2B integration, automation platform.N/A
Pricing
Fiserv Wealth Management NetworkTIBCO BusinessConnect
Editions & Modules
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Offerings
Pricing Offerings
Fiserv Wealth Management NetworkTIBCO B2B Integration Solution
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
Community Pulse
Fiserv Wealth Management NetworkTIBCO BusinessConnect
Top Pros
Top Cons
Best Alternatives
Fiserv Wealth Management NetworkTIBCO BusinessConnect
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Anypoint Platform
Anypoint Platform
Score 8.1 out of 10
Anypoint Platform
Anypoint Platform
Score 8.1 out of 10
Enterprises
TIBCO B2B Integration Solution
TIBCO B2B Integration Solution
Score 8.0 out of 10
Anypoint Platform
Anypoint Platform
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Fiserv Wealth Management NetworkTIBCO BusinessConnect
Likelihood to Recommend
8.0
(2 ratings)
7.2
(3 ratings)
User Testimonials
Fiserv Wealth Management NetworkTIBCO BusinessConnect
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.
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TIBCO Software Inc.
If the environment has many different protocols for data exchange between partners and most of the protocols follow some standards like EDI X12, TIBCO BusinessConnect should be a good tool to take care this business use case. If the environment has a few simple protocols for data exchange, e.g. SFTP, FTPS or emails, some lighter weight tools will be enough and TIBCO BusinessConnect may be an overkill tool.
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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
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TIBCO Software Inc.
  • TIBCO EDISIM supports customizing X12 messages as per client requirment.
  • TIBCO EDISIM supports exporting customized messages to EDItoXML and XML to EDI transformation artifacts.
  • BusinessConnect engine architecture processes customized messages (an organization can customize message as per their need).
  • TIBCO BusinessConnect supports multiple hosts to exchange messages. One can build B2B hub/platform using this feature.
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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.
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TIBCO Software Inc.
  • When a new version is released, its better to test it thoroughly before letting customers apply the release in their real time environment. There were missing functionalities from the previous versions which were not identified ahead of time.
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Alternatives Considered
Fiserv
Far superior in my opinion. More features, easier to navigate and superior customer service
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TIBCO Software Inc.
The main reason TIBCO BusinessConnect was selected is because of the overall solution it provides with the different TIBCO products. Since TIBCO BusinessWorks and TIBCO Enterprise Message Service are already in place and the canonical model is already built and integrated into the Information Bus, TIBCO BusinessConnect is the best tool to work with them.
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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.
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TIBCO Software Inc.
  • Single place to manage BW and BC components
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ScreenShots