Enable Banking
6.0#29 in bank connectivity softwareWebAPISelf-hosted
VisitEnable Banking vs Trovata TMS
Trovata TMS
7.3#1 in bank connectivity softwareFrom $24,000 a yearAndroidiOSWebAPI
VisitWhat both publish
| Fact | Enable Banking | Trovata TMS |
|---|---|---|
| Compliance | Enable Banking states that it is ISO/IEC 27001 certified and provides PSD2-compliant access without screen scraping or reverse engineering. | Trovata states that its secure cloud-based platform is SOC-1 Type 2 and SOC-2 Type 2 certified. |
| Founded | 2019 | 2016 |
| Headquarters | Espoo, Finland | Solana Beach, California, United States |
| Integrations | Enable Banking provides integrations with bank APIs, with a published list of available integrations in its documentation. | Officially listed integrations include NetSuite, Sage Intacct, Oracle Fusion, SAP and FloQast, with API and SFTP connectivity for other systems. |
| Payments | Live payment initiation requires the customer to hold a PISP licence or another licence that allows payment initiation. | Payments can be initiated, approved and released through policy-controlled workflows with real-time updates to cash, forecasts and accounting. |
| Product | Enable Banking provides one PSD2-compliant API for account information and payment initiation across more than 2,700 banks in 30 European countries. | Trovata TMS is a cloud-native treasury management system built on real-time bank connectivity and normalized financial data. |
| Security | Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. | Trovata states that production data is encrypted at rest with AES-256 and protected in transit with TLS 1.2 using Amazon Key Management Service for cryptographic keys. |
| Support | Enable Banking says its open banking specialists support customers from integration through ongoing operations. | The base package includes 3–5 hours of live training and unlimited in-app technical support. |
Enable Banking plans
- Volume-based API pricingPriced on request
Trovata TMS plans
- Base Package$24,000 a year
- Trovata TMSPriced on request
Pick Enable Banking if…
It suits financial institutions, ERP providers, loyalty programmes and other organisations needing European bank connectivity. Live payment initiation requires an appropriate PISP or equivalent licence.
Pick Trovata TMS if…
Trovata TMS is designed for treasury teams managing multiple banks, entities, and currencies, as well as finance leaders and accounting teams.