The Race to Real-Time: Real-Time Payments and Event Streaming

Presented by

Nidhi Agarwal, Volante Technologies | Brian Pyle, Confluent | Chris Matta, Confluent

About this talk

The banking and financial services industries are under pressure to adapt to supporting real-time payments along with new and updated standards like ISO 20022, RTP and FedNow. There are common challenges for banks looking to modernize their legacy payment systems in order to handle real-time payments. These challenges require firms to re-evaluate the tools in their toolbox and build a more modern, flexible and scalable payment system without a big-bang rip and replace. Intelligence, the logic of encoding, decoding and transforming payment types and formats, and orchestrating interactions with bank systems, so that massive payment volumes can be processed with sub-second SLAs. The systems should be flexible to model processes that may be unique to every organization and to facilitate the building of value-added payment services. The delivery system needs to be able to reliably move data from multiple channels and multiple technologies (files, RDBMS, message queues etc) into and out of the Brains of the Operation to process real-time payments and integrate systems across the bank. The platform needs to be secure, scalable and 100% reliable by design - The Central Nervous System – Confluent, Kafka. What You Will Learn By Attending? --How financial institutions are choosing the right technology in developing their next-generation payment architectures in support of real-time corporate payment processing, on and off the cloud --What is critical in deploying the payment solution, where do you start when building your next generation environment and addressing emerging issues within the banking industry? --What is Apache Kafka® and why this is quickly becoming the most pervasive technology in core banking transformation. Agility is vital, so join us to learn how to clear settlements in seconds vs. days and set your company up for success with the real-time payment journey
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