transaction processing system

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transaction processing system

[tran′sak·shən ′prä‚ses·iŋ ‚sis·təm]
(computer science)
A system which processes predefined transactions, one at a time, with direct, on-site entry of the transactions into a terminal, and which produces predefined outputs and maintains the necessary data base.
References in periodicals archive ?
The company offers a portfolio of over 180 products and services for financial institutions, health plan administrators, insurers, lending institutions and trust services, including account and transaction processing systems, e-commerce transaction systems, back office systems, management information systems and operations support systems.
To perform server/disk bound tasks associated with querying and reporting on servers/disks not used by transaction processing systems
Of particular importance here is acquiring a good working knowledge of the most prevalent systems presently being employed in most organizations: transaction processing systems (TPS), database management systems (DBMS), management information systems (MIS), decision support system (DSS), data warehouses, and electronic document management systems (EDMS).
Kabira's software is designed to ensure critical business services are always available, and new services can be implemented more quickly at five times the performance and a fraction of the cost of traditional transaction processing systems.
Kabira ensures critical business services are always available, and new services can be implemented more quickly at 5 times the performance and a fraction of the cost of traditional transaction processing systems.
Kabira ensures critical business services are always available, and, new services can be implemented more quickly at 5 times the performance and a fraction of the cost of traditional transaction processing systems.
STOCKHOLM, Sweden -- Intralot, a leading global supplier of integrated gaming and transaction processing systems has selected Terraplay's technology for its B-On platform.
Data regarding GDV and purchase volume is derived from information provided by MasterCard members that is subject to logical and statistical verification by MasterCard and limited cross-checking against information provided by MasterCard's transaction processing systems.
Today we provide market-leading electronic transaction processing systems to over 165 industry-leading companies and government agencies.
I believe that our rich implementation experience and natively compliant systems help our customers get up and running faster and less expensively with one of the most reliable, secure EDI transaction processing systems available," said Mohan Wanchoo, Senior Vice President, Intelsys Corporation.
I believe that in working together, our staff will be able to deliver efficient and secure, enterprise-wide transaction processing systems to financial organizations of all sizes, from local credit unions to some of the largest banks in the region.
ATX delivers the vouchers to the point-of-sale terminals with state-of-the-art secure protocols through its network and transaction processing systems, managed and monitored at two fully redundant financial transaction processing centers based in London and Paris.

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