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Meeting Trading Partner Requirements

Most businesses today find that outsourcing of business functions has made establishing new partnerships a way of life.  And, a new relationship with a bank, payroll processor, insurer, or other business partner often means you need to set up a secure process to share confidential information. 

Many partners will already have requirements in place to ensure the security of shared data.  If you plan to do business with these partners, you must conform to their requirements. They may require that your file transfer process:

  • Encrypts and signs data files to guarantee that the data they receive has not been compromised and they can authenticate the source of the data.
  • Uses secure FTP (SFTP or FPTS) to ensure the safety of login data. 
  • Enforces their business rules such as whether you should overwrite files, naming conventions, exact timing of file deliveries, and other technical requirements for the files being transferred.

Diplomat Transaction Manager makes the creating file transfers that conform to trading partner requirements a snap.  All editions of Diplomat Transaction Manager have robust file transfer settings that allow you to customize each file transfer to meet your partner's requirements.

If you have only one or two trading partners with a low volume of file transfers, Basic Edition is a good choice. It is fast to set up and easy to use, while still supporting all of the file transfer characteristics that are important to your partners.

Choose Standard Edition when you need a more advanced solution with detailed event notifications by email/pager and audit trail capture.

Enterprise Edition is the product to choose when you have many trading partners and need to manage a large number of file transfers. It provides excellent file transfer monitoring and swift containment in the event of a security breach.

 

 

 

"In the immediate future, most companies, regardless of industry, need to consider how they are securing and managing their file transfers."

    L. Frank Kenney

    Principal Research Analyst

    Gartner Group