LTM vs Link Controller

Hi all,

customer need to balancing outbound traffic between two ISPs; furthermore, in the event of a fault, it should provide for an automatic failover to the remaining active link.

No inbound LB is required.

Based on these requirements, the idea was to use only the LTM module but I would like to know what are the main differences in functionality compared to LC.

For istance, if I'm not wrong, is not possible to configure link object on LTM; what is the alternative that allow the LTM to monitor a destination on the other side of the link? Transparent?

Another istance, LTM can do rate shaping or Topology-based routing like LC?

So, is there a comparative table of the two products and, definitively, LTM could replace LC?

Thank you in advance for any support.