Migrate Exchange REST API to Serverless

Proposal to migrate exchange REST API to Exchange serverless stack

Summary

Proposal to migrate the exchange REST API to a serverless architecture using the Exchange serverless stack.

Rationale

[To be filled in - reasons for migrating to serverless]

Key benefits expected:

  • Improved scalability
  • Reduced operational overhead
  • Cost optimization through pay-per-use model
  • Enhanced deployment flexibility

Affected Applications

Impact

Services Affected

  • Exchange REST API endpoints
  • [List additional services]

Technical Considerations

  • API contract compatibility
  • Authentication/authorization changes
  • Performance characteristics
  • Monitoring and logging setup

Data Considerations

  • Database connection management
  • State management in serverless environment
  • Caching strategy

Implementation Plan

Phase 1: Assessment & Design

  • Audit current REST API endpoints
  • Design serverless architecture
  • Evaluate AWS Lambda/serverless framework
  • Define resource requirements
  • Create proof of concept

Phase 2: Development

  • Set up serverless infrastructure
  • Implement API endpoints in serverless stack
  • Configure API Gateway/routing
  • Implement authentication/authorization
  • Set up monitoring and logging
  • Create automated tests

Phase 3: Migration

  • Deploy to staging environment
  • Performance testing
  • Load testing
  • Security review
  • Create rollback plan

Phase 4: Cutover

  • Deploy to production
  • Update DNS/routing
  • Monitor performance
  • Decommission old infrastructure

Risks & Mitigation

RiskImpactMitigation
API downtime during migrationHighBlue-green deployment with gradual traffic shift
Performance degradationMediumThorough load testing before cutover
Cold start latencyMediumImplement provisioned concurrency for critical endpoints
Breaking changes to API contractHighMaintain backward compatibility, version API
Increased complexityMediumComprehensive documentation and runbooks

Timeline

[To be determined]

Status

Current Status: Draft

History:

  • 2025-12-22: Proposal created
Last modified February 5, 2026: Adds proposal summary (2c393ca)