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Kafka: Real-Time Streaming for the Finance Industry

In: The Digital Journey of Banking and Insurance, Volume III

Author

Listed:
  • Ralph Steurer

    (ifb International AG)

Abstract

Apache Kafka offers a cost-efficient way to modernize IT landscapes and enable innovation. Increasing data volumes and the ability to process events in real time require a platform such as Kafka. Because of its integration capabilities, one can also combine Kafka with standard software for use cases that require best practice business logic (e.g., accounting). It is not necessary to completely replace the current architecture with Kafka all at once. One can start with just a few use cases in order to gain experience and add more over time. Cloud infrastructure also makes it easier to start with Kafka with only a limited investment.

Suggested Citation

  • Ralph Steurer, 2021. "Kafka: Real-Time Streaming for the Finance Industry," Springer Books, in: Volker Liermann & Claus Stegmann (ed.), The Digital Journey of Banking and Insurance, Volume III, pages 73-88, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-78821-6_5
    DOI: 10.1007/978-3-030-78821-6_5
    as

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