Fiserv Wealth Management Network vs. Oracle Data Integrator (ODI)

They offer almost every single thing a financial institution would need for their core business allows you to save quite a bit of money by bundling everything together. Fiserv has greatly increased the speed in which they roll out new banking product. From a banking software platform, they are the best in the business.

Incentivized

I tried various ETL tools and here is [where and] why I recommend Oracle Data Integrator. 1. When you want to process structured data from different databases - Teradata, Exadata, DB2, SQL, Oracle etc. 2. Oracle Data Integrator supports all platforms, hardware, and OS. This is a major advantage compared to other leading tools. 3. The ELT architecture giving a cutting edge performance over leading ETL tools. There is no need to align Oracle Data Integrator between source and target. ODI uses the source and target servers to perform complex transformations. 4. Speeds up the development and maintenance by reducing the code that developers need to write

Incentivized

• R&D is fantastic as they have the resources
• Online resources to help figure things out
• Easy to navigate

Incentivized

• Converts data from various sources into one target format using various business logic rules and integrates with various DBMS types.
• Transformed data from DB2, SQL Server and other Oracle databases into flat files and then used ETL jobs to load into Oracle DB target
• Data Integrator and Goldengate were used together to accomplish the data movement needed for business and data consolidation in live environment. Data Integrator helped with development and in reducing lead time to convert data into target.

Incentivized

• 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

• Oracle support is not the best when needing help with the system
• The documentation is also very poor and takes very long to generate
• Some parts of it are not intuitive to use and get hard to troubleshoot
• Like other Oracle products, you must have very, very thorough knowledge about their systems to understand
• Like all Oracle products, cost is high

Incentivized

It is maturing and over time will have a good pool of resources. Each new version has addressed the issues of the previous ones. Its getting better and bigger.

I can't name any other competitors that we considered because I have signed multiple NDAs that prohibit me from doing so. I can say that the decision to go with Fiserv WMN was in large part because we have other Fiserv Products and as a result, we already have a strong established relationship with Fiserv (and First Data for that matter, before they were acquired by Fiserv)

Incentivized

Talend Data Integrator has been evaluated during the setup of the architecture for a customer, in comparison to ODI, since it's an open source ETL. But, differently from the meaning of "open source", it has licence costs too that aren't that different from ODI ones. Moreover, the other components of the business intelligence architecture of the customer were Oracle, so we thought that ODI would suit at best with them, more than a different vendor software.

Incentivized

• 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

• Oracle Data Integrator helps provide a business with the data it needs to defend the decisions it makes.
• Oracle Data Integrator allows you to analyze data from what can be separate, different, and often outdated data sources. It allows you to make direct comparisons when analyzing data from different pieces of equipment.
• Data from Oracle Data Integrator was used to analyze manufacturing quality and drive down spoilage, saving the company money.

Incentivized