Company
Date Published
March 10, 2022
Author
Henry Tam
Word count
1869
Language
English
Hacker News points
None

Summary

Financial institutions face challenges in today's digital era, as customers demand seamless omnichannel banking experiences. Real-time data plays a crucial role in meeting these expectations and surpassing consumer and business expectations. Banks must adopt cloud and microservices architectures to leverage real-time data and maximize the user experience. A unified real-time data layer can provide banks with speed, flexibility, and innovation capabilities while transitioning from legacy IT systems. Real-time analytics is essential for financial institutions to stay competitive in today's fast-paced market environment.