What does a static data order do?

A static data order is primarily responsible for generating or manipulating kernel data in the context of the Avaloq banking software environment. This function involves managing core data elements that are essential for the operation of the system. Kernel data refers to the foundational data structures and configurations that support various transactional processes and system functionalities.

By generating or manipulating this data, a static data order ensures that the necessary information is correctly configured and maintained, thus enabling the seamless operation of other processes within the system. This manipulation includes creating new entries, updating existing records, or removing outdated information in a controlled manner.

The other options provided relate to different functions that are not typically associated with a static data order. Generating financial reports involves analytic processes that compile data for reporting purposes, handling real-time transaction events pertains to dynamic and live transaction processing, and validating customer records focuses on ensuring the accuracy and completeness of client information, which are distinct from the core function of generating or manipulating kernel data.