In the context of Avaloq ICE, what does the term 'instance' refer to?

In the context of Avaloq Integrated Customization Environment (ICE), the term 'instance' refers to a specific deployment of the Avaloq Banking Suite. An 'instance' essentially represents a unique copy of the software running in a designated environment. This can include everything from production environments used by banks to testing or development environments where developers can customize and test changes without affecting the live system.

The relevance of an 'instance' in Avaloq ICE is that it allows for specific configurations, customizations, and functionalities to be operationally segregated. Understanding this concept is crucial for anyone involved in deploying or managing the Avaloq Banking Suite, as each instance may serve different purposes for different users or departments within a financial institution.

While other options mention configurations, testing environments, or user profiles, these concepts are part of the broader functionality and usage within an instance, not representative of what an 'instance' itself is.