Best B2B Managed File Transfer (MFT) Solution for File Transfer in 2022

1. The MFT file transfer application sends original files. Typically, depending on the quantity and size of the files being transferred, this procedure might range in difficulty. However, MFT guarantees rapid and safe data transfer.
2. The files are encrypted by the MFT solution. Once the transfer has been established, the MFT solution receives the data and secures it in a number of ways. Most MFT employs one of many protocols to encrypt the transfer and AES ciphers that comply with FIPS 140-2 to encrypt the files. Some methods also permit file compression using zip.
3. The data delivery is received by the recipient. Once the MFT file transfer has left your server, it is transferred to the address you provided, such as an email address, a specific folder on another server, etc. At this point, the file can then be decrypted by the recipient.
4. In addition, many file transfer solutions can be helpful to set up bulk or repeating transfers using auto-resume to ensure files arrive at their destination without the need for troubleshooting, as well as creating logs to get an overlooking view of all file transfers (even weeks/months after they're finished).
    

In the modern landscape, safeguarding sensitive data is crucial, both while it is in transit and while it is stored. One of the various file transfer choices is managed file transfer. But it stands out from other file transfer strategies as a centralized means for securely automating, encrypting, and transmitting data from one location to another. Using controlled file transfer may be beneficial for your company if it must:

• In the cloud or on-premises, share data with internal and external stakeholders.
• File transfers made by your company should be audited or watched over.
• Comply with all rules and legislation pertaining to data security.
• Change the way you deliver data to a safer method.
• Use flexible procedures that can resume on their own, limit manual error, and handle outages.

For your organization to have the flexibility it needs to transfer files securely, some MFT solutions include extra features that let you combine data flow across the cloud and online apps you use every day. These solutions can be deployed on-premises, in the cloud environment, or as a SaaS solution.

Data security: Eliminate security gaps and governance challenges with structured access control.

Consolidation: Consolidate all integration processes onto a single platform for central control and management.

Collaboration: Connect internal and external file sharing and collaborative workflows.

Auditability: Track all files that are received by or sent from your organization.

Process automation: Build, transform, and automate integrations by leveraging APIs.

Flexible Deployment Options: MFT vendors that don’t support flexible deployment options do not embrace modern IT strategies, so it’s critical an MFT solution can be launched on-premise, in the cloud, or both. 

Comprehensive Audit Functionality: A full audit trail of a file’s life cycle is required to maintain government and industry compliance and often to meet SLAs and KPIs. A must-have for many organizations, leading MFT solutions eliminate the manual data fetches for auditing/reporting and automate the tracking process so you know every aspect – when it was sent and received, who touched it and when – in case of an audit.

Non-Repudiation Capabilities: Non-repudiation is proof that what was sent by a certain system or person was actually received by another system or person, and that it is indeed the same file. This ensures integrity of the document. MFT solutions do this via digital signatures in combination with cryptographic data hash functions, such as the SHA-1 and SHA-2 algorithms. While required in many industries, including healthcare, banking, insurance, and securities, non-repudiation capabilities are critical to knowing your data sets are authentic and will benefit every organization doing digital business.

Complete Security and Governance Enablement: The best MFT solutions provide extensive features and functionality to secure your file transfer environment and govern your trading partner community.

• Secure access control via LDAP

• Enable antivirus and content scanning through ICAP

• Authorization (OAuth 2.0), authentication (SAML), encryption, certificate management

• Perimeter layer security with bidirectional proxy architecture

• Reporting, audit trails, and visibility dashboards

Scalability: File transfers could change from time to time. Later on, you might require more file transfer bandwidth, more features and modules, or a larger user base. Ensure that the MFT solution you choose can adapt to the development and changes in your business.

Customization Without Going Over Budget: Choose the software package that best suits your company. Make sure you can purchase more software without paying a fortune.

Explore Top 10 Questions to Find the Perfect MFT Provider

CIC MFT uses a centralized, enterprise-level approach to automate, secure, and govern all managed file transfers moving throughout the business ecosystem. Cleo's MFT solution enables the data protection and data security large enterprises need for all system-based and ad hoc file transfers.

Rapid connections

Set up connections and start transferring files in hours instead of days, or even weeks.

Multi-protocol support

Support all secure protocols required to handle data exchanges with any internal and external system.

Compliance

Gain real-time visibility, complete control, and governance to help meet all compliance mandates.

File acceleration

Move data, of any size or volume, 3.5x faster than competing solutions.

Flexible deployment

Deploy on your cloud or the Cleo Cloud platform, with the flexibility to self-manage MFT processes, or have Cleo manage them for you.