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Fiserv Wealth Management Network vs. MFT Gateway

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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

    MFT Gateway

    Score10 out of 10
    N/AN/A

    $9

    per month

    Pricing
    Fiserv Wealth Management NetworkMFT Gateway
    Editions & Modules
    No answers on this topic
    Basic
    $9
    per month
    Offerings
    Pricing Offerings
    Fiserv Wealth Management NetworkMFT Gateway
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    User Ratings
    Fiserv Wealth Management NetworkMFT Gateway
    Likelihood to Recommend
    8.0
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    Fiserv Wealth Management NetworkMFT Gateway
    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
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    Aayu Technologies
    No answers on this topic
    Pros
    Fiserv
    • R&D is fantastic as they have the resources
    • Online resources to help figure things out
    • Easy to navigate
    Incentivized
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    Aayu Technologies
    No answers on this topic
    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
    Read full review
    Aayu Technologies
    No answers on this topic
    Alternatives Considered
    Fiserv
    Far superior in my opinion. More features, easier to navigate and superior customer service
    Incentivized
    Read full review
    Aayu Technologies
    No answers on this topic
    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
    Aayu Technologies
    No answers on this topic
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