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Architecture Patterns—Batch and Real-Time Capabilities

Dennis Kraetz () and Michael Morawski ()
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Dennis Kraetz: ifb SE
Michael Morawski: ifb SE

A chapter in The Digital Journey of Banking and Insurance, Volume III, 2021, pp 89-104 from Springer

Abstract: Abstract The Lambda architecture approach is designed to handle massive quantities of data by taking advantage of a combination of batch and stream processing methods. The authors highlight the main ideas of this approach in the context of financial management in banks and insurance companies.

Keywords: Lambda Architecture; Batch Processing; Stream Processing; Combination Batch & Stream Processing; Event Stream Processing (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-78821-6_6

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DOI: 10.1007/978-3-030-78821-6_6

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