What type of messages does the Message Engine primarily handle?

The Message Engine in the Avaloq Message Interface (AMI) is designed to facilitate seamless communication by managing both incoming and outgoing messages. This dual capability is critical for ensuring that messages can be sent and received effectively, allowing for real-time processing and feedback between systems.

Handling incoming messages allows the engine to process information, requests, or transactions initiated by external sources, while managing outgoing messages ensures that responses, confirmations, or further instructions are sent back to those sources. This two-way communication is vital for maintaining synchronization between different components of a financial institution's operations and supports various types of interactions, including but not limited to transactional messages, status updates, and notifications.

In contrast, focusing solely on outgoing or incoming messages would significantly limit the functionality of the Message Engine, restricting the overall efficiency and effectiveness of the messaging system within Avaloq.