Vol. 3 No. 2 (2023): Advances in Deep Learning Techniques
Articles

Distributed Systems for Financial Reconciliation and Clearing: Enhancing Real-Time Performance and Resilience

PDF
  • Koushik Sundar
Koushik Sundar
Independent Researcher, New Jersey, USA
Cover

Published 11-10-2023

Keywords

  • distributed systems,
  • financial reconciliation

How to Cite

[1]
K. Sundar, “Distributed Systems for Financial Reconciliation and Clearing: Enhancing Real-Time Performance and Resilience ”, Adv. in Deep Learning Techniques, vol. 3, no. 2, pp. 75–114, Oct. 2023.
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Abstract

Accounting and clearing have long plagued the banking industry. These duties ensure accurate, transparent, and timely financial transactions. Batch processing and centralized architecture hinder real-time transaction handling, scalability, and robustness within traditional approaches. With distributed systems, the financial industry may improve its working abilities and solve key difficulties.

PDF