Edge Computing: Revolutionizing Real-Time Financial Analytics through Low-Latency Processing

This comprehensive article examines the transformative impact of edge computing on financial analysis systems, focusing on its role in achieving ultra-low latency processing and enhanced real-time decision-making capabilities. The article explores the architectural framework of edge computing in financial services, analyzing its implementation across critical applications including high-frequency trading, fraud detection, and risk management systems. Through detailed performance analysis, this study demonstrates significant improvements in processing times, with latency reductions of up to 80% compared to traditional cloud-based solutions, while maintaining robust security measures and regulatory compliance. The investigation encompasses both theoretical foundations and practical applications, addressing key implementation challenges such as technical constraints, security considerations, and cost implications. The article reveals that edge computing architectures can achieve sub-millisecond latency for critical financial operations, with some high-frequency trading applications reaching latencies as low as 100 microseconds. This article also highlights emerging trends and future directions, including the integration of quantum computing and artificial intelligence at the edge, suggesting substantial potential for further innovation in financial services technology. The article concludes that edge computing represents a fundamental shift in financial data processing, offering significant competitive advantages for institutions that successfully implement these solutions while navigating the associated technical and operational challenges.

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Publication Details

Journal
International Journal of Scientific Research in Computer Science Engineering and Information Technology
Published
2024-11-27
DOI
https://doi.org/10.32628/cseit241061143
Citations
4
Primary Topic
Cloud Computing and Resource Management
Type
article
Field-Weighted Citation Impact
3.12
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article

Edge Computing: Revolutionizing Real-Time Financial Analytics through Low-Latency Processing

Bharath kumar Gaddam -
4 citations
International Journal of Scientific Research in Computer Science Engineering and Information Technology
Cloud Computing and Resource Management
3.12
article

Edge Computing: Revolutionizing Real-Time Financial Analytics through Low-Latency Processing

Bharath kumar Gaddam -
article en
4 citations

Abstract

This comprehensive article examines the transformative impact of edge computing on financial analysis systems, focusing on its role in achieving ultra-low latency processing and enhanced real-time decision-making capabilities. The article explores the architectural framework of edge computing in financial services, analyzing its implementation across critical applications including high-frequency trading, fraud detection, and risk management systems. Through detailed performance analysis, this study demonstrates significant improvements in processing times, with latency reductions of up to 80% compared to traditional cloud-based solutions, while maintaining robust security measures and regulatory compliance. The investigation encompasses both theoretical foundations and practical applications, addressing key implementation challenges such as technical constraints, security considerations, and cost implications. The article reveals that edge computing architectures can achieve sub-millisecond latency for critical financial operations, with some high-frequency trading applications reaching latencies as low as 100 microseconds. This article also highlights emerging trends and future directions, including the integration of quantum computing and artificial intelligence at the edge, suggesting substantial potential for further innovation in financial services technology. The article concludes that edge computing represents a fundamental shift in financial data processing, offering significant competitive advantages for institutions that successfully implement these solutions while navigating the associated technical and operational challenges.

International Journal of Scientific Research in Computer Science Engineering and Information TechnologyVol. 10(6)
Campbellsville University (US)
Industry, innovation and infrastructure
Openalex Percentile: Top 7%
Cloud Computing and Resource Management
3.12
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