Authors:
Terpsichori-Helen Velivassaki
1
;
Panagiotis Athanasoulis
1
and
Panagiotis Trakadas
2
Affiliations:
1
SingularLogic, Achaias 3 & Trizinias st., Kifisia, Attica and Greece
;
2
National and Kapodistrian University of Athens, Panepistimiopolis, 15784 Ilissia, Attica and Greece
Keyword(s):
Cash Management, Stream Analytics, ATM.
Abstract:
Distributed cloud databases wrapped with streaming analytics modules provide nowadays quick response to increasingly demanding real-time applications, relying on fast analytical and online processing of enormous amounts of data or very frequently updated. However, time-critical applications, dealing with sensitive data, typically run on mainframes, cannot fully benefit from existing solutions. Such applications can be found in Banking, Financial Services and Insurance (BFSI) industry, one notable being the ATM cash management. The paper presents uCash, an ATM cash management system, running on top cloud analytics appliances, which can be hosted insite. The proposed system allows data processing and Key Performance Indicators (KPIs) calculation and communication among diverse actors, resulting in highly efficient cash management over large ATM networks.