What is the first step in the incoming message process received by EMI?

In the context of the incoming message process managed by the Event Management Interface (EMI) in Avaloq, the first step involves the handling of the external message that has been received. When an external message is received, it is essential to store and queue it for parsing. This step is critical because it ensures that the message is preserved in a structured manner, allowing the system to process it sequentially or as resources become available.

By storing the external message, the EMI sets the foundation for the entire message processing pipeline. This queued state allows the system to defer the more complex parsing actions until the necessary system resources are ready, which is an effective way to manage workload and maintain system stability.

Only after the message is safely stored and queued can the parsing process commence, followed by any actions required to convert this message into an internal format for further processing. This systematic approach ensures proper message handling and effective communication within the system.