Real-time Event Streaming for Financial Enterprise System with Kafka
N Sanjana, Sinchana Raj, Vishalakshi Prabhu H, S Sandhya · 2023
Real-time event streaming refers to the continuous and immediate processing and analysis of events as they occur in real time. Presently, Apache Kafka is a very popular and preferred framework for real-time data streaming. Data stream pipelines to serve enormous data for large organizations are built between systems in Kafka for real-time streaming. Kafka provides a distributed, scalable, and fault-tolerant platform for capturing, storing, and processing streams of events. It provisions seamless integration with different systems and applications, enabling real-time data analysis and processing. Thus, event streaming with Kafka is a modern approach to processing and analyzing large volumes of data in real-time. Event streaming with Kafka has a wide range of applications in varied industries such as finance, e-commerce, and more. It has the potential to transform the way businesses operate by enabling faster decision-making, improved operational efficiency, and better customer experiences. With financial enterprise application as our main goal, we focus on how Kafka could be a better-suited alternative to enhance event streaming.