FREE IBM Certification Risk Analytics Sales Question and Answers

Question 1

Which legislative driver in the IBM Risk Analytics solution set is not addressed by a solution?

Accepted Answer

Data Protection Act

Answer

Solvency II

Answer

Dodd Frank

Answer

Sarbanes Oxley

Question 2

In the Chartis 2011 RiskTech100 analysis of the top technology businesses working in the risk management market, what are two of the main weighted assessment criteria utilized to evaluate the industry solution?

Accepted Answer

Market presence and organizational strength

Answer

Processing speed and market presence

Answer

Organizational strength and data handling

Answer

Data handling and processing speed

Question 3

How does IBM define the IBM Risk Analytics solution set's scope?

Accepted Answer

Optimizes enterprise risk management through a comprehensive horizontal and vertical risk integration strategy.

Answer

Creates an enterprise risk management framework across the entire IT infrastructure.

Answer

Provides a comprehensive risk management process for each vertical.

Answer

Provides effective line of business risk management.

Question 4

What exactly is market risk?

Accepted Answer

It is a measure of the potential for lower market values resulting in a fall in the value of assets held.

Answer

It is the manner of oversight and supervision of financial institutions.

Answer

It helps banks to move beyond risk management silos.

Answer

It is the possibility that a borrower may not repay a loan.

Question 5

Customers who use Smarter Analytics may convert data into smarter business decisions to produce better results. How is the procedure for generating improved results from data summarized by IBM Business Analytics?

Accepted Answer

Align - Anticipate - Act

Answer

Anticipate - Automate - Authorize

Answer

Automate - Animate - Actuate

Answer

Aim - Allow - Authorize

Question 6

IBM assists businesses in accessing their Analytics Quotient to help them understand their progress on a Smarter Analytics maturity model (AQ). What one component of a client's business receives a score to indicate the AQ maturity of the organization?

Accepted Answer

The ability to anticipate future events and results

Answer

The number of nodes used to process data

Answer

The volume of data they process

Answer

The level of Risk they Measure in their business

Question 7

Which of the following best describes a critical transformative phase on the way to optimized enterprise risk management?

Accepted Answer

Risk Appetite Management

Answer

Data Management

Answer

Reporting layers

Answer

Exposure Management

Question 8

Which of the following business processes is the portfolio of IBM Risk Analytics focused on enhancing?

Accepted Answer

Reducing the cost of compliance

Answer

Improving propensity analysis

Answer

Reducing customer churn

Answer

Deploying predictive maintenance capabilities

Question 9

What is one of the most important advantages that IBM Risk Analytics concentrates on giving to satisfy the determined business imperatives?

Accepted Answer

Risk aware business processes

Answer

Improved customer life cycle management

Answer

End to end process improvement

Answer

Increased customer profitability

Question 10

What method has IBM employed to demonstrate to the market the merit of implementing Smarter Analytics solutions, as per independent studies?

Accepted Answer

That companies out perform their competitors.

Answer

That companies are able to tie their performance to the average in their industry.

Answer

That companies create bigger networks.

Answer

That companies increase their volumes of data.