Managed file transfer (MFT) is a technology platform that allows organizations to reliably exchange electronic data between systems and people in a secure way to meet compliance needs. These data movements can be both internal and external to an enterprise and include various types, including sensitive, compliance-protected or high-volume data. It can be offered as software or as a service and may include a single pane for visibility and governance.
MFT is a more reliable and efficient means for secure data and file transfer, outpacing and outperforming applications such as file transfer protocol (FTP), hypertext transfer protocol (HTTP), secure file transfer protocol (SFTP) and other methods.
Organizations increasingly rely on MFT to support their business needs and goals in a way that FTP cannot. FTP presents many challenges (PDF, 6.1 MB) such as data security gaps, lack of visibility when a problem occurs, timely manual recovery from failures and costly SLA fees due to poor performance.
Data exchange solutions will continue to be in demand because no business is an island and business networks continue to grow, requiring qualities of service that only purpose-built software can deliver," says Stewart Bond, director of Data Integration and Integrity Software research at IDC.¹
Companies rely on the exchange of electronic file data every day. According to a study by Vanson-Bourne, sponsored by IBM, 51% of system-to-system integration is achieved through file transfers. Without MFT software, unstructured data — everything from reports, contracts and project data, to customer and employee information — is open to manipulation and loss. The efficient movement of files between internal systems and external partners, securely and with an audit trail, is critical to an organization’s success.
There are several factors pushing companies to move to MFT:
Encrypt internal and external transfers, in motion and at rest. Secure file transfers with advanced capabilities like session breaks and protocol inspection maximize the protection of sensitive data at multiple layers.
Offers timely and flexible data transfer across a range of file transfer activities and support for multiple file types, including multimedia, PDFs, email, XML, EDI and more.
Provides a 360-degree view in near-real time. Companies can see who is transferring files, what is being shared and the volume passing through the system. Potential issues like delays and failed transfers are visible before they impact downstream business processes or become missed SLAs.
Strong encryption helps companies avoid compliance failures which can lead to hefty fines. Thorough audit trails confirm regulatory compliance.
Provides security-hardened, point-to-point file transfers to lessen dependency on unreliable file transfer protocol (FTP) transfers.
Tracks critical events across your B2B and managed file transfer infrastructure for improved operations, customer service and B2B governance.
Identify and audit Connect:Direct license entitlements, schedule and deploy patches and updates, and manage server configurations.
Allows you to consolidate all internet-based file transfers on a single, scalable, security-rich and always-on edge gateway.
Automates the onboarding process, reducing the time and resources required to onboard new partners while managing existing partners.
Securely share and track mission-critical information movement within your enterprise and across your partner network.
Dramatically improve the security, auditability, service delivery and scalability of your file transfer operations.
Get details about how IBM is modernizing MFT solutions for evolving business IT requirements.
Watch this on-demand webinar to learn how the right MFT capabilities help drive out complexities.
Everyone needs visibility and governance, especially in your entire MFT environment. Here’s the easy way to monitor your file transfers like a champion.
A next-generation MFT platform enhances Equifax’s security compliance levels and becomes a cornerstone of its digital transformation initiatives.