Ask HN: Ways that financial institutions store ledgers and transactions?

Posted by except on Saturday September 12, 2020 @10:03PM
from the ask-hn dept.

I saw a talk mentioning the use of append-only transactions in a NoSQL database however I was wondering if there was a different way that is more widely used in industry.

( 3 comments | 4 points | on HN )

Re:Ask HN: Ways that financial institutions store ledgers an... by throwaway1312 on Sunday September 13, 2020 @07:51PM (#24464959)

https://www.advent.com/solutions/geneva-for-hedge-funds/

Stores ledgers and transactions of any instrument: currencies, stocks, bonds, etc.

It's developed over the past 30 years, requires financial operations staff to operate. It has a server and client, has an API available.

It's expensive to run for startups and hard to transition out of once you use it.

[ Parent | on HN ]

Re:Ask HN: Ways that financial institutions store ledgers an... by enjoyyourlife on Saturday September 12, 2020 @11:36PM (#24458082)

Blockchain

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Re:Ask HN: Ways that financial institutions store ledgers an... by giantg2 on Tuesday September 15, 2020 @07:59AM (#24480200)

I believe Symbiont is one of the companies creating/marketing this.

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