The convergence of speed, data, and ethics: Real-time decision architecture in modern financial services

Cheriyan, Vinod (2025) The convergence of speed, data, and ethics: Real-time decision architecture in modern financial services. World Journal of Advanced Engineering Technology and Sciences, 15 (2). pp. 2477-2485. ISSN 2582-8266

This article explores the evolution and implementation of real-time decision systems in modern financial services, examining the convergence of technological capabilities, data integration, and ethical considerations that shape this rapidly evolving landscape. The article investigates four primary dimensions: core applications including fraud detection, creditworthiness evaluation, and personalized product offerings; technical infrastructure requirements focusing on data integration architecture, API-based access, latency optimization, and scalability; regulatory and ethical dimensions encompassing compliance frameworks, algorithmic fairness, and privacy considerations; and the critical balance between model complexity and explainability. Through article analysis of current industry practices and performance metrics, the article identifies emerging technologies, regulatory challenges, and implementation strategies that characterize successful real-time decision architectures in financial institutions. The findings demonstrate that effectively implemented real-time decision systems deliver substantial improvements in risk management, operational efficiency, customer experience, and financial performance, while highlighting the ongoing challenges of balancing innovation with appropriate governance frameworks