Banking Microservices in Go: Saga & Event Sourcing
Answer-first: A modern banking microservices architecture replaces legacy monolithic ledgers (like T24 or Flexcube) using Go for high-throughput transaction routing. The system achieves distributed consistency without two-phase commit (2PC) by combining Event Sourcing (immutable ledger streams), Saga Orchestration (using Temporal or Dapr), the Transactional Outbox pattern, and PostgreSQL unique constraints for API idempotency. What You’ll Learn That AI Won’t Tell You How to implement transactional outbox pattern to guarantee eventual consistency. Saga Orchestration patterns that handle transient payment gateway timeouts gracefully. 1. Introduction: Deconstructing the Legacy Core For decades, banks relied on monolithic core systems like Temenos T24 or Oracle FLEXCUBE. While robust, these systems present severe bottlenecks for modern digital banking. They were designed for overnight batch processing, not real-time, API-first global transactions. ...