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Come listen to us for a look under the hood of The Glue at the IMCS Amsterdam

CREATING A DYNAMICALLY RE-CONFIGURABLE EVENT-DRIVEN ARCHITECTURE FOR FINANCIAL SERVICES

31.3.2017

Today, the traditional financial institutions are facing the challenge to take on a new role in the digital economy. To grab the attention of the new generations of possible clients and to compete with new competitors , they need to reinvent their service offering. For this, they are facing new requirements.

The new services must create and manipulate new types of data and combine it with the existing legacy data. The required interaction throughputs are an order of magnitude larger than generated by the existing banking channels. And the expected time to market is unseen. The existing backend systems are architectural and technology wise not geared up for these challenges. A new solution approach is needed.

In this talk, we illustrate how The Glue leverages the combination of an event driven business modelling, the affinity collocation of data and processing offered by an in memory data and processing grid with embedded persistence, and containerized deployment to enable financial institutions to design, develop, test, deploy and change services fast in a controlled and non intrusive way.

As such they can evolve from a rigid organisation to a business agile approach where change is fostered rather than avoided.

In addition, the inherent capabilities of the new architecture enable banking grade non functional requirements. We illustrate how we achieve these for 3 of the most important
NFRs :

  • exactly once processing;
  • easy performance tuning with a predictable scaling model;
  • business availability under all disaster scenarios.

In Memory Computing Summit Amsterdam

https://www.gridgain.com/company/news/press-releases/memory-computing-summit-previews-agenda-first-annual-european

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