Holistic Data Management: Integrating OLTP and OLAP in Financial Systems
Sandeep Rachapudi · International Journal of Science and Research (IJSR) · 2024
In the rapidly evolving landscape of financial systems, the efficient handling of data is paramount. This paper explores the two primary types of database systems. Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP) and their critical roles in the financial sector. The paper discusses their architectures, use cases, advantages, and challenges, emphasizing the need for both systems to ensure operational efficiency and robust decision - making.