What is the primary function of the Handler in the context of Avaloq?

What is the primary function of the Handler in the context of Avaloq?

• A. To initiate transactions
• B. To create or modify data and orders
• C. To handle customer inquiries
• D. To audit transactions

Answer: (B)

In the context of Avaloq, the primary function of the Handler is to create or modify data and orders. Handlers are integral components of the Avaloq system as they bridge the interaction between different modules and processes, facilitating the creation and adjustment of various data types such as client orders, account details, and financial products. This functionality allows for dynamic and responsive management of data within the system, which is essential for maintaining accurate and up-to-date information in banking operations. Handlers ensure that changes to data are managed appropriately, supporting the overall transactional processes of the Avaloq system. This includes building new orders based on user input or system-generated events and adjusting existing entries to reflect transactions or updates in the financial landscape. The ability of Handlers to directly interface with the data allows for efficient operation, working in conjunction with other system components to process inquiries or handle transactions effectively.

In the context of Avaloq, the primary function of the Handler is to create or modify data and orders. Handlers are integral components of the Avaloq system as they bridge the interaction between different modules and processes, facilitating the creation and adjustment of various data types such as client orders, account details, and financial products. This functionality allows for dynamic and responsive management of data within the system, which is essential for maintaining accurate and up-to-date information in banking operations.

Handlers ensure that changes to data are managed appropriately, supporting the overall transactional processes of the Avaloq system. This includes building new orders based on user input or system-generated events and adjusting existing entries to reflect transactions or updates in the financial landscape. The ability of Handlers to directly interface with the data allows for efficient operation, working in conjunction with other system components to process inquiries or handle transactions effectively.