Benefits of Real-Time Transaction Processing in Banking and Financial Services
Financial services institutions (FSIs) are under increasing pressure to keep pace with a number of significant industry changes, including expectations of higher-touch and more personalized customer experiences, a growing number of privacy and data protection regulations, increased cyber threats, and a rise in fraud. Those that can make use of data and insight at scale in real time (or near real-time) stand to differentiate themselves from competitors, and offer superior products and customer experiences.
Unfortunately, current databases and associated data services often break down under the strain of real-time data ingestion, analytics, and transactions. What’s needed to enable smarter, real-time decisions is a translytic data infrastructure, which is a hybrid approach that runs both transaction and analytical workloads at scale on an integrated SQL database.
Read this Special Report to discover the many benefits of translytic processing for today’s FSIs.