Distributed Systems for Financial Reconciliation and Clearing: Enhancing Real-Time Performance and Resilience
Keywords:
distributed systems, financial reconciliationAbstract
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.
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