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IBM C2020-003 Exam Overview:

Certification Vendor:IBM
Exam Name:IBM Algo One Fundamentals
Exam Number:C2020-003
Available Languages:English
Related Certifications:IBM Certified Specialist - Algo One Fundamentals
Passing Score:66%
Exam Duration:90 minutes
Real Exam Qty:60
Exam Format:Multiple Choice
Sample Questions:IBM C2020-003 Sample Questions
Exam Way:Pearson VUE authorized testing center (onsite); availability may vary by region.
Pre Condition:No formal prerequisite exam. Fundamental knowledge of IBM Algo One software, basic troubleshooting techniques, and security concepts is recommended.
Official Syllabus URL:https://www.ibm.com/training/certification/ibm-certified-specialist-algo-one-fundamentals-47020301

IBM C2020-003 Exam Syllabus Topics:

SectionWeightObjectives
Risk Watch Fundamental Concepts21%- Risk Watch concepts
  • 1. Describe Risk Watch configuration concepts
    • 2. Identify MtF concepts
      Algo One Fundamental Concepts15%- Key components in the Algo One environment
      • 1. Identify the key components in the Algo One environment
        • 2. Identify Algo One architecture and concepts
          Algo One Basic Services Configuration12%- Basic services configuration
          • 1. Describe administration support tools
            • 2. Identify the core configuration concepts
              • 3. Identify database installation concepts
                Input Data Fundamental Concepts19%- Input data concepts
                • 1. Identify core input data concepts
                  • 2. Describe Datamart concepts
                    Algo Batch Fundamental Concepts20%- Algo Batch
                    • 1. Identify Algo Batch concepts
                      • 2. Describe the batch analysis technique
                        • 3. Describe batch design concepts
                          Algo Scenario Engine Fundamental Concepts13%- Algo Scenario Engine
                          • 1. Identify scenario concepts
                            • 2. Identify inputs and outputs
                              • 3. Describe the purpose of ASE

                                IBM Algo One Fundamentals Sample Questions:

                                Question 1

                                What are two specific reasons why Standard Code has been developed? (Choose two.)

                                A. To enable rapid implementation of programs and lead to models that are easier to understand
                                B. To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
                                C. To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
                                D. To minimize the amount of testing required when building a new model within Algo Financial Modeler and provide a guarantee of the accuracy of results


                                Question 2

                                What is the role of modules in AEM?

                                A. Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.
                                B. Modules provide a diagrammatic view of a company structure that can be visualized within Algo Financial modeler.
                                C. Modules containing all the components needed to complete a set of calculations in Algo Financial Modeler are combined.
                                D. Modules are components used to specify all data variables that are being passed in from an external source.


                                Question 3

                                In addition to the command line utilities and databases,which two other componentsmake up the Algo Scenario Engine? (Choose two.)

                                A. Algo Scenario Builder Server
                                B. Scenario Generation Workbench
                                C. Algo Scenario Engine Server
                                D. Scenario Editor


                                Question 4

                                A colleague has finished editing Standard Code and has passed it to you for development. You notice a padlock symbol next to some of the modules.
                                What does the padlock mean?

                                A. This module is key Standard Code and must be used
                                B. This module is locked for editing
                                C. This module has additional information attached to it.
                                D. This module must not be used in development


                                Question 5

                                What is the standard environment variable that points to the directory that containsthe Algo Core software?

                                A. *ALGO_TOP*
                                B. *top491*
                                C. *as491*
                                D. *ALGO_HOME*


                                Solutions:

                                Question 1
                                Answer: A,C
                                Question 2
                                Answer: A
                                Question 3
                                Answer: C,D
                                Question 4
                                Answer: B
                                Question 5
                                Answer: D

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