Difference between revisions of "IS485 IS Project Experience (Research)- Fintech project examples"

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|width="2%"|<!-- Item--> 1
|width="30%"|<!-- Research Problem--> '''Microservices Architecture in Banking''' - In recent years, there is much written about microservices architecture.  Even so, there is very little written about how microservices are used in the banking industry.  I study is needed to understand microservices implementation in banking.  
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|width="30%"|<!-- Research Problem--> '''Microservices Architecture in Banking''' - In recent years, there is much written about microservices architecture.  Even so, there is very little written about how microservices are used in the banking industry.  I study is needed to understand microservices implementation in banking. <br>
 
'''Faculty Advisor:''' Alan Megargel
 
'''Faculty Advisor:''' Alan Megargel
|width="30%"|<!-- Research Questions --> '''Research Question 1:'''  How do banks decide on the boundary context and granularity of microservices?  
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|width="30%"|<!-- Research Questions --> '''Research Question 1:'''  How do banks decide on the boundary context and granularity of microservices? <br>
'''Research Question 2:'''  What kind of tool sets do banks use for building, testing, and deploying microservices?  
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'''Research Question 2:'''  What kind of tool sets do banks use for building, testing, and deploying microservices? <br>
 
'''Research Question 3:'''  What strategies to banks employ for migrating from monolithic systems to microservices?
 
'''Research Question 3:'''  What strategies to banks employ for migrating from monolithic systems to microservices?
 
|width="30%"|<!-- Research Method--> '''Research Method:''' Data collection through surveys and interviews of bank staff, and existing case studies.
 
|width="30%"|<!-- Research Method--> '''Research Method:''' Data collection through surveys and interviews of bank staff, and existing case studies.
Analysis of qualitative and quantitative data collected. Results and Conclusions.
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Analysis of qualitative and quantitative data collected. Results and Conclusions.<br>
'''Integrated Report:''' Write up an integrated report covering all 3 research questions.
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'''Integrated Report:''' Write up an integrated report covering all 3 research questions.<br>
 
'''Integrated Demo:''' Demonstrate a fully functional microservice for a banking context, using the techniques and tools discovered.
 
'''Integrated Demo:''' Demonstrate a fully functional microservice for a banking context, using the techniques and tools discovered.
 
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|width="2%"|<!-- Item--> 2
 
|width="2%"|<!-- Item--> 2
|width="30%"|<!-- Research Problem--> '''Data Replication Across Microservice Instances''' - In a microservices architecture, as the demand (# of invocations) for a microservice increases, management tools elastically create replicate instances of the microservice.  A study is needed to understand mechanisms for replicating the data underlying multiple instances of a microservice.  
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|width="30%"|<!-- Research Problem--> '''Data Replication Across Microservice Instances''' - In a microservices architecture, as the demand (# of invocations) for a microservice increases, management tools elastically create replicate instances of the microservice.  A study is needed to understand mechanisms for replicating the data underlying multiple instances of a microservice. <br>
 
'''Faculty Advisor:''' Alan Megargel
 
'''Faculty Advisor:''' Alan Megargel
|width="30%"|<!-- Research Questions--> '''Research Question 1:'''  Can an in-memory-data-grid be used instead of a relational database, underlying replicated instances of a microservice?  What is the feasibility of each, in a banking context?  
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|width="30%"|<!-- Research Questions--> '''Research Question 1:'''  Can an in-memory-data-grid be used instead of a relational database, underlying replicated instances of a microservice?  What is the feasibility of each, in a banking context? <br>
'''Research Question 2:'''  What are the performance characteristics (eg; response time, replication time) of an in-memory-data-grid as compare to a relational database, as invoked across microservice instances?  
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'''Research Question 2:'''  What are the performance characteristics (eg; response time, replication time) of an in-memory-data-grid as compare to a relational database, as invoked across microservice instances? <br>
 
'''Research Question 3:'''  How is transaction management done using an in-memory-data-grid as compared to a relational database, in order to avoid concurrency issues across microservice instances?
 
'''Research Question 3:'''  How is transaction management done using an in-memory-data-grid as compared to a relational database, in order to avoid concurrency issues across microservice instances?
|width="30%"|<!-- Research Meathod--> Student 1, Student 2, Student 3, Student 4
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|width="30%"|<!-- Research Method--> Student 1, Student 2, Student 3, Student 4
 
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Revision as of 16:18, 3 June 2019

Project deliverable:

  1. A research report covering 2-3 research questions
  2. A working prototype
  3. Presentation slides

Research Problems:

  • Approach the faculty advisor
  • Project selection should be mutually agreed
Item Research Problem Research Questions Research Method
1 Microservices Architecture in Banking - In recent years, there is much written about microservices architecture. Even so, there is very little written about how microservices are used in the banking industry. I study is needed to understand microservices implementation in banking.

Faculty Advisor: Alan Megargel

Research Question 1: How do banks decide on the boundary context and granularity of microservices?

Research Question 2: What kind of tool sets do banks use for building, testing, and deploying microservices?
Research Question 3: What strategies to banks employ for migrating from monolithic systems to microservices?

Research Method: Data collection through surveys and interviews of bank staff, and existing case studies.

Analysis of qualitative and quantitative data collected. Results and Conclusions.
Integrated Report: Write up an integrated report covering all 3 research questions.
Integrated Demo: Demonstrate a fully functional microservice for a banking context, using the techniques and tools discovered.

2 Data Replication Across Microservice Instances - In a microservices architecture, as the demand (# of invocations) for a microservice increases, management tools elastically create replicate instances of the microservice. A study is needed to understand mechanisms for replicating the data underlying multiple instances of a microservice.

Faculty Advisor: Alan Megargel

Research Question 1: Can an in-memory-data-grid be used instead of a relational database, underlying replicated instances of a microservice? What is the feasibility of each, in a banking context?

Research Question 2: What are the performance characteristics (eg; response time, replication time) of an in-memory-data-grid as compare to a relational database, as invoked across microservice instances?
Research Question 3: How is transaction management done using an in-memory-data-grid as compared to a relational database, in order to avoid concurrency issues across microservice instances?

Student 1, Student 2, Student 3, Student 4