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Architecture Patterns—Batch and Real-Time Capabilities

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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

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  • DOI: 10.1007/978-3-030-78821-6_6
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Correspondence to Dennis Kraetz .

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Kraetz, D., Morawski, M. (2021). Architecture Patterns—Batch and Real-Time Capabilities. In: Liermann, V., Stegmann, C. (eds) The Digital Journey of Banking and Insurance, Volume III. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-78821-6_6

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  • DOI: https://doi.org/10.1007/978-3-030-78821-6_6

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-78820-9

  • Online ISBN: 978-3-030-78821-6

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)