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Fintech on AWS- AWS Centric Solution Architecture for Fintech
This is the 4th post on how we built the Securities Trading App on AWS Cloud.
We choose to start with the cloud because of known inherent benefits; elasticity, auto-scaling, and auto-healing virtual infrastructure available immediately at the click of a button under a pay-as-you-go model. The business case and time-to-market benefits of this are clear, with large enterprises and financial services brands aggressively adopting the cloud.
Our simplified application architecture diagram.
We started with serverless (AWS Lambda).
Using serverless technologies is a highly efficient and cost-effective model for writing business logic behind APIs, and brings with it the gains of no longer needing to manage underlying infrastructure or host operating systems.
Lambda also provided us the freedom to bring in experts on different technology to work together. We are using python, nodejs, and java for backend lambda functions.
API First Design: The entry point to our fintech platform is built around AWS API Gateway. API Gateway is a scalable and programmatically configurable API Management service offered by AWS. We build multiple API for each module, this help us to build specific validation for our APIs. Defining APIs…
