Bankloch

In financial services, where millions of transactions flow across systems every second, ensuring transparency and efficiency is no small feat. Tracking transaction flows from a business perspective requires each system to send lifecycle events for every transaction , leading to multiple events per transaction. However, these events remain fragmented and unusable unless properly linked, making it difficult to: Track a transaction’s lifecycle in real-time Identify bottlenecks or failed transactions Ensure regulatory compliance (e.g. transaction tracing for anti-money laundering checks) Provide accurate responses to customer inquiries like “Where is my transaction/payment?” A correlation engine brings order to this chaos by intelligently linking related events using one or more correlation identifiers, creating a holistic, unified view of the transaction lifecycle. While seemingly invisible and straightforward, building a robust correlation engine is anything but easy . It must n...