Dynamic configuration from external service

[veedeo]

Hello, we are interested in implementing a system where receivers and processors can be configured dynamically by fetching information from an external service. However, the configuration data will be in a different format than what the OTEL Collector is able to understand, so we will need to convert it to the appropriate format in memory.
Is this possible with the current architecture and if so, what parts of the code would need to be re-implemented?
Additionally, I am curious about which parts of the OTEL Collector support hot-reloading of configuration and which parts require a full restart of the process.

Any guidance you can provide would be greatly appreciated.