[YZF]

I'm pretty sure different banks use vastly different architectures. Some run nightly batch jobs on mainframes that are written in COBOL. But alas, I've not worked for any bank, this is just a commonly used example. I am willing to bet the transaction log, or ledger, is indeed a very common approach since that's also common in accounting.

EDIT: Also event sourcing would typically be eventually consistent. I imagine for some banking applications a stronger consistency guarantee might be required, e.g. to prevent you from withdrawing the $100 in your account multiple times.

[davedx]

I’m sceptical, because I can’t find any examples of banks using it in production, just lots of blog posts by consultants and companies selling event sourcing solutions.

I did work somewhere that used a Kafka stack in production. It wasn’t a compelling use case and they spent almost an entire year on infra and productionizing it. It left me extremely sceptical about anything “big data streams” related :)

[YZF]

Fair enough. But I've used event sourcing in production in two companies. One project was a large scale distributed object store and the other was network equipment (like switches) and network management. The banking example is a classical one but I can't tell you if it's actually used in production. What I do know is that accounting software follows the ledger approach which has a similar spirit, recording transactions, and my guess would be regardless of technology banks also are transaction/event based as their source of truth (even in a COBOL mainframe batch processing scenario).