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Ways that financial institutions store ledgers and transactions?


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.


  👤 throwaway1312 Accepted Answer ✓
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.


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