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

IBM Risk Analytics solutions primarily focus on financial regulations like Solvency II, Dodd-Frank, and Sarbanes-Oxley, which govern financial risk management and reporting. While data protection is crucial, the Data Protection Act is typically addressed by broader data governance and security solutions, rather than being a core legislative driver for financial risk analytics solutions specifically. Therefore, it is not directly addressed by the specialized risk analytics portfolio.

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

Chartis Research, in its RiskTech100 reports, evaluates vendors based on a comprehensive set of criteria to assess their standing in the risk management market. Market presence reflects a vendor's reach, client base, and brand recognition, indicating their influence and adoption. Organizational strength assesses factors like financial stability, management quality, and strategic vision, which are crucial for long-term viability and innovation in the competitive risk technology market.

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

IBM's approach to Risk Analytics aims to provide a holistic and integrated view of risk across an entire organization. 'Horizontal integration' refers to connecting different risk types (e.g., market, credit, operational) within a business, while 'vertical integration' means linking risk management from strategic decision-making down to daily operations. This comprehensive strategy ensures that risk is managed consistently and effectively across all levels and functions of the enterprise, optimizing overall enterprise 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

Market risk refers to the possibility of losses in an investment due to factors that affect the overall performance of financial markets. These factors include changes in interest rates, exchange rates, equity prices, or commodity prices. It specifically measures the potential for a decline in the value of a portfolio or assets due to adverse movements in market prices, leading to a fall in the value of assets held.

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

IBM's Smarter Analytics framework emphasizes a three-step process to leverage data for business improvement and better results. 'Align' involves ensuring data and analytics strategies support overarching business objectives. 'Anticipate' focuses on using predictive analytics to foresee future trends and outcomes. 'Act' means translating these insights into concrete, data-driven actions to achieve desired business results, completing the cycle from data to impact.

IBM Certification Practice Test

IBM Certification Practice Test

Free IBM Certification Risk Analytics Sales Question and Answers