The Benefits of Microservices Architecture

Ospree recently implemented a modular microservices architecture to match the needs of VASP companies requiring fast response times and scalability on demand. This is essential for deploying the Ospree platform as part of a highly functional compliance solution capable of performing real-time validations.

Microservice architecture has revolutionized the way software is built and managed throughout an entire business. The monolithic architecture model was originally built as a single unit of code, with no separate components. As a result, this traditional way of building applications is not modular, so any changes would have to be made to the entire stack at once. Jukka Pellinen, CTO at Ospree

Unlike its predecessor, microservices architecture takes a modern approach to designing and constructing software applications, compartmentalizing their components into smaller, independent services. Developers build and modify individual services without interfering with the work of other developers in other groups working on the same overall application. 

Further benefits can be achieved by containerization of the microservices, allowing for more flexible and dynamic deployments of the solution. The microservices can be fully isolated from each other, preventing any unintended conflicts. Server resources can often be better utilized with containerized applications, and applications can be deployed in a distributed architecture across multiple data centers and regions.