The Central Securities Depositories Regulation (CSDR) was introduced to enhance the stability and resilience of the European financial system by harmonizing the operations of Central Securities Depositories (CSDs) and implementing a standardised penalty regime for settlement fails. This regulation, which emerged in response to the 2007-2008 financial crisis, requires CSDs to monitor and report failed transactions, imposing cash penalties and a mandatory buy-in process to deter settlement failures. As part of compliance with CSDR, financial institutions like Goldman Sachs have utilized the Elastic Stack technology to create systems that track trade flows, providing real-time visibility, advanced search capabilities, and comprehensive reporting, thereby ensuring timely settlements and adherence to the regulation. The Elastic Stack's flexibility, scalability, and ease of integration make it an ideal solution for organizations aiming to meet the CSDR's stringent requirements, fostering more efficient trade tracking and system health monitoring.