Bandizip (Version: 1.03 as of this post) is an archiver that support most if not all archive formats including the popular ZIP, 7Z, TAR, CAB, RAR and ISO formats and less common ones ones like XZ and BH.
More usefully Bandizip can create executables that will join big files that Bandizip itself has split and archived separately for easier portability. Bandizip can extract automatically from its context menu or let the user choose a destination. It also features what it calls high speed archiving. Here Bandizip recognizes file formats that are difficult or impossible to compress and bypasses them for faster processing. Another speed feature, also found and enabled in its setting, is the fast drag and drop. Here a big file is directly extracted into the chosen folder instead of being extracted into a temporary folder and then copied to the destination folder as is often the case with other – and indeed with small files using Bandizip – archivers or compressors.
Full Unicode (UTF-8) support is one other main advantage of Bandizip. It runs on XP and newer Windows and is available for 32-bit and 64-bit systems.