Automated system for transaction queueing and forwarding to core banking system to prevent technical failures

An automated system (100) for transaction queueing and forwarding to a core banking system (CBS) (110) to prevent technical failures, wherein the system comprises:

• a memory (112);
• a processor (114) communicatively connected to the memory (112) and configured to:
• obtain a base thread pool size for the core banking system (CBS) (110) based on the CBS (110) configuration for processing transactions initiated through a plurality of user devices (102);
• determine a plurality of transaction control parameters, wherein the transaction control parameters comprise (i) an average response time of the CBS (110), (ii) incoming transactions per second (TPS), (iii) a required TPS, and (iv) the base thread pool size of the CBS (110);
• characterized in that,
• evaluate a dynamic thread pool size of the CBS (110) based on the determined transaction control parameters;
• train an artificial intelligence (AI) model using a plurality of training parameters, wherein the plurality of training parameters comprises at least one of (i) current number of concurrent transaction requests, (ii) a current average response time of the CBS (110), (iii) a current TPS value, (iv) the required TPS value, or (v) a thread utilization ratio;
• initiate processing of transactions through the CBS (110) using the transaction queuing and forwarding server (108) by executing a trained AI model (116), wherein the trained AI model (116) is configured to analyse at least one of (i) the dynamic thread pool size being within a predetermined range, (ii) reduce the dynamic thread pool size by a deviation value (Δ) in proportion to current response time of the CBS (110) when the required TPS is lower than the incoming TPS, or (iii) increase the dynamic thread pool size by the deviation value (Δ) in proportion to the current response time when the required TPS is higher than the incoming TPS, wherein the deviation value (Δ) is determined based on the distance between the current number of transaction concurrent requests and benchmarked maximum concurrent transaction requests count defined for the CBS (110);
• detect at least one of (i) a first processing zone configured to receive all incoming transactions, the transactions being placed in a primary queue (402A) and released to the CBS (110) for processing in a controlled manner based on a dynamic thread pool size, (ii) a second processing zone configured to move transactions spending more than a predetermined percentage of a permissible lifespan in the primary queue (402A) being transferred to the high priority queue (402B), or (iii) a third processing zone configured to transfer transactions that have exceeded their permissible lifespan in the preceding queues to a dead queue (402C);
• and
• execute the transactions successfully by forwarding the transactions from the second processing zone to the CBS (110), thereby enabling efficient and successful transaction execution and preventing technical failures.