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Serverless WebSocket Service for Real-Time Stock Data Processing

  • Thread starter Thread starter Nikhil limbad
  • Start date Start date
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Nikhil limbad

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I'm looking for a serverless service that can be utilized as a socket API backend client. For example, if I have a stock-based socket API that provides real-time data of stock LTP (Last Traded Price), I have two scenarios:

Scenario 1: To consume data from the socket API, I have one option: write a script to consume the data, add my custom logic, and then host it on a VPC or AWS EC2 instance.

Scenario 2: If there's a serverless service that takes a WebSocket API and custom condition code, it could trigger events to AWS Lambda or other functions when conditions are met.

In Scenario 1, I have to do everything on my own and may face scalability or server issues. In Scenario 2, real-time API consumption and data analysis are done within the service, reducing infrastructure issues and making it easier to scale.

My main concern is finding a service that works as described in Scenario 2.

Is there any serverless service available that can handle WebSocket connections, process real-time data, and trigger events based on custom conditions without requiring me to manage the infrastructure?

Thank you.

I tried to find such a service online but didn't find any.
<p>I'm looking for a serverless service that can be utilized as a socket API backend client. For example, if I have a stock-based socket API that provides real-time data of stock LTP (Last Traded Price), I have two scenarios:</p>
<p>Scenario 1: To consume data from the socket API, I have one option: write a script to consume the data, add my custom logic, and then host it on a VPC or AWS EC2 instance.</p>
<p>Scenario 2: If there's a serverless service that takes a WebSocket API and custom condition code, it could trigger events to AWS Lambda or other functions when conditions are met.</p>
<p>In Scenario 1, I have to do everything on my own and may face scalability or server issues. In Scenario 2, real-time API consumption and data analysis are done within the service, reducing infrastructure issues and making it easier to scale.</p>
<p>My main concern is finding a service that works as described in Scenario 2.</p>
<p>Is there any serverless service available that can handle WebSocket connections, process real-time data, and trigger events based on custom conditions without requiring me to manage the infrastructure?</p>
<p>Thank you.</p>
<p>I tried to find such a service online but didn't find any.</p>
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