Published Paper Details:

ABSTRACT In the evolving landscape of financial services, agility, scalability, and robustness are paramount. Microservices architecture, combined with Spring Boot, offers a powerful solution for addressing these needs. This paper examines the integration of microservices architecture with Spring Boot for financial services, highlighting its advantages, implementation strategies, and potential challenges.Which is crucial for financial services that demand high availability and responsiveness. Spring Boot, a framework designed to simplify Java-based application development, enhances microservices by providing out-of-the-box support for building production-ready applications with minimal configuration. A service handling real-time transaction processing can be scaled independently of other services, such as customer account management or fraud detection, thus maintaining system efficiency. Spring Boot's integration with various technologies and tools further complements the microservices approach. With built-in support for RESTful APIs, security, and data access, Spring Boot streamlines the development process, enabling financial services to build and deploy services rapidly. Additionally, Spring Boot's.This paper explores these challenges and proposes strategies for mitigating them, such as employing service discovery mechanisms, implementing centralized logging, and adopting eventual consistency patterns.