What type of system typically creates an incoming message?

An incoming message is typically created by a Third Party System (TPS). This is because TPS refers to external applications or systems that interact with Avaloq, sending data or instructions into the Avaloq environment. These can include financial institutions, other banking systems, or even external databases that need to communicate with Avaloq for various purposes such as transaction processing, data synchronization, or reporting.

Third Party Systems play a crucial role in the ecosystem by providing data that Avaloq needs to function optimally. They send messages that must be processed within the Avaloq Core, which relies on those inputs to perform its functions effectively. Therefore, understanding the role of Third Party Systems in generating incoming messages helps clarify the workflow and integration of different systems within a financial context.

On the other hand, while the Avaloq Core processes incoming messages, it is not the source of these messages. Similarly, a network structure refers to the underlying connections between systems rather than the systems that create messages. An outgoing message type focuses on messages that are sent from the Avaloq system rather than those that arrive, further distinguishing the roles of different components in the messaging interface.