Avaloq ACCP (Complete Questions 2020)
From the avaloq course ACCP. Questions to all Chapters of all 3 Books
From the avaloq course ACCP. Questions to all Chapters of all 3 Books
Set of flashcards Details
| Flashcards | 248 |
|---|---|
| Students | 47 |
| Language | English |
| Category | Computer Science |
| Level | Other |
| Created / Updated | 26.11.2020 / 02.06.2025 |
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You can protect a field of a form with Security engine?
not true, can only protect whole form but not a single field
Name the two building blocks in the message interface which are responsible for the outgoing message?
formater, builder
Name the two building blocks in the message interface which are responsible for the incoming message?
Parser, Handler
Which 5 source types you know in the area of message interfacing?
NETW, NETW STR, MSG IN, MSG OUT, MSG STR
A third party system calls you and say: we have implemented a new field so that you can send us donation information..
to implement this text field, how many sources/sourcetypes you have to manipulate?
3 -> NETW STR, MSG STR, MSG OUT
What is the meaning of a single key in Avaloq (eg. Symbol Key)?
Unique identifier. Either in a single BU, where it is created or in the sentinel BU for all BU's (eg. Currencies)
3 different types of banks?
Retail- , Private-, -Investmentbank
What are the 3 organizational levels of a bank?
Frontoffice (direct communication with clients)
Middleoffice (support frontoffice)
Backoffice (administration, not client-facing, no revenue)
The Avaloq Banking Suite does only support the Middleoffice in a Bank?
false -> its supports all 3 organizational levels (Front-, Middle-, Backoffice)
The ABS consists of which 3 layers?
data layer, application layer, presentation layer
In the ACP all layers are handled by an Oracle relational DBMS using PL/SQL.
True
The Avaloq Front Platform consists of Front Workplace (FWP), Web- and Mobile Banking.
True
The Frontworkplace and Web/Mobile Banking in Avaloq use the same architectures
False -> The FWP uses the EWOM and the Mobilebanking uses the FWOM
FWP connects to the FWOM, while mobile/web banking propagates data via replication, meaning it uses a copy of the FWOM data known as the EWOM.
False, the FWP (Frontworkplace) connects to the EWOM, while mobile/banking uses FWOM, a copy of the EWOM data.
The SmartClient GUI is divided into which 4 areas?
Avaloq button (top left), Ribbon (top), Sidebar (left), Work area (center, right)
A Position (POS) can only be linked to one asset (ASSET) and one container (CONT).
True
A BP cannot exists without a PERSON?
False -> if BP represents a bank, a BU of a bank, a counterparty or settlement institute, there is no PERSON required.
All attributes in Avaloq are customizable.
False -> only the EXTN-attributes are customizable, all other are defined by Avaloq
For an object the extensions are classifications, keys and additions.
For an order the extensions are keys and additions.
Partially true -> besides missing some extensions, the extensions for orders are "order keys" and "order additions"
What are classifications/classes?
Extensions that enable categorization of objects
What is a booking?
Movement of assets
Booking orders result from financial transactions. They trigger bookings, like the static data orders.
False -> static data orders don't trigger bookings
In the ABS, debits always have the value "-" and credits have the value "+"
True
A nostro account is money account held at another bank, a vostro account is a money account held by a BP or another bank (perspective of an Avaloq Bank).
True
An interim Account is an account used to temporarily hold a transaction before it is transferred to the destination account. This account is usually used for internal banking reasons
True
GAAP's have the same rules globally.
False -> they differ from country to country/region to region
According to booking principle's debit and credit should always be equal and balance to zero.
True
What is a settlement?
Act of finalizing a trade (party and counter-party are needed)
What is a settlement period?
difference between transaction date (agreement of transaction) and settlement date (exchange concluded)
What is the shared container concept?
in addition to being owned by a business partner, a client container is also owned by the business unit (bank). There is a vostro relationship between an Avaloq bank and its client.
A correspondent bank is a financial institution, that acts as an intermediary and transfer agent, to connect banks to foreign markets (for payments between 2 persons for eg.)
True
Date types in bookings: The expression "today +3 v" means the actual date plus 3 weekdays
False -> "v" stands for working or value days
The ABS divides security into 3 areas ...
Confidentiality, Integrity, Availability
What is an open / closed security?
Closed security means that, by default, a user cannot access anything (i.e. objects / orders) without being explicitly allowed to do so, whereas open security allows the user access to anything which is not protected.
When we need different (release) streams in ice?
When the issue requires a solution with different releases
Remote compilation in ICE supports all source types.
False -> not all (eg. BIN, DOKU). Only the installer supports all types
Which are the 2 customization types in the ACP?
Parametrization and Scripting
Sources can have the following statuses...
Valid, Invalid, Dropped
Sources can have the following attributes ...
Corrupt, Error, Warning
In which source Type it is defined, if the Symbolic ID's of a Code Table can be used or not?
CODE TAB DEF
