transaction processing

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Also found in: Acronyms.

transaction processing

Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly. At any given moment, someone may need an inventory balance, an account balance or the total current value of a financial portfolio. Also called "online transaction processing" (OLTP), the OLTP market is a demanding one, often requiring 24x7 operation and the most reliable computers and networks.

A manual example of transaction processing would be that every time you purchased an item, you added the amount paid to a running total. Contrast with "batch processing," which means that you save all receipts in a drawer and add them up at the end of the year for taxes. See two-phase commit, mission critical, industrial strength and fault tolerant.


References in periodicals archive ?
Among the projects he directed while at NCR, included the US Postal Service Point of Service (POS) ONE program; Transaction Processing Monitor program (TPM); Defense Commissaries Point of Sale program (DeCA); Army, Air Force Exchange Service (AFFES) POS and Data Warehousing; Treasury Multiuser Acquisition Contract (TMAC); and Office Automation Technology and Services OATS.
Combining the functional ease of objects with the robust, highly scalable, proven infrastructure of a transaction processing monitor, BEA M3 is designed to suit the needs of the world's largest, widely distributed, quickly changing telecommunications enterprises.
The system is using IBM's TXSeries transaction processing monitor, along with the Distributed Computing Environment (DCE) and DFS, an enterprise file system for global file sharing, to ensure data integrity throughout the system and to provide a distributed platform allowing for further system growth in the future.
In order to serve our customers better, we knew that we needed to use a commercially available transaction processing monitor form of middleware for our client/server applications," said Mike Ault, general manager of IS Technology for Ameritech.
The Standish Group, a Dennis, MA-based market and technology research company, reported BEA TUXEDO(R) as the dominant product in the open transaction processing monitor (TPM) market and BEA ObjectBroker(R) as the market share leader in the Object Request Broker (ORB) market for 1996.
With DYNASTY, customers currently using the BEA TUXEDO(R) transaction processing monitor will be able to use BEA M3 without having to rewrite any of their code.
Companies implementing three-tier client/server applications using the Tuxedo(TM) transaction processing monitor can take advantage of preVue's new capability to record and automatically generate scripts emulating the Tuxedo protocol.
At Siemens, he was a key player in the development of CICS-compatible transaction processing monitors for Siemens BS2000 and UNIX platforms.
Finally, the systems layer has APIs that connect to transaction processing monitors such as CA's TNG Unicenter and Hewlett Packard Co's OpenView.
Running within the Application Server process, Bluestone Java Transaction Service avoids the overhead of interprocess communications associated with legacy transaction processing monitors.
Highlights from the Gartner report include: -- BEA is recognized as a tier one vendor in the overall application and integration middleware market; and -- BEA is ranked in the top three in the portals, enterprise service bus and transaction processing monitors segments: - BEA is second in the transaction processing monitors segment; - BEA is second in the portal products segment; and - BEA AquaLogic Service Bus rises to number three in the fastest growing middleware market segment - enterprise service bus - in first six months of production.
5 and Novera professional services, enterprises also can integrate with message-oriented middleware and transaction processing monitors.

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