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THOUGHT MACHINE QUIZ QUESTIONS WITH COMPLETE ANSWERS

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THOUGHT MACHINE QUIZ QUESTIONS WITH COMPLETE ANSWERS

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  • November 18, 2024
  • 20
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AOPP
  • AOPP
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LucieLucky
THOUGHT MACHINE QUIZ QUESTIONS
WITH COMPLETE ANSWERS
Which eeof eethe eefollowing eedescribe eeVault? ee
- eeFinancial eeproducts eeare eedeveloped eeas eePython eemodels
-Allows eea eereal-time eeview eeof eeposting ee
-Provides eecustomer eerelationship eemanagement eecapabilities ee
-Built eewith eea eedistributed, eecloud-native eearchitecture ee
-Provides eea eemid-tier eefor eereal-time eebatch eereconciliation
-Built eewith eea eetightly eecoupled, eelayered eearchitecture ee- eeAnswer ee-Financial
eeproducts eeare eedeveloped eeas eePython eemodels
-Allows eea eereal-time eeview eeof eeposting
-Built eewith eea eedistributed, eecloud-native eearchitecture

Which eeof eethe eefollowing eeare eefunctions eeperformed eeby eeVault? ee
-Fraud eemanagement ee
-Product eedefinition ee
-Credit eedecisioning ee
-Manages eepostings ee
-Maintains eeaccount eebalances
- eeKYC eeand eeAML eeprocesses ee- eeAnswer ee-Product eedefinition ee
-Manages eepostings ee
-Maintains eeaccount eebalances

Which eeof eethe eefollowing eeare eecomponents eeof eeVault? ee
Payment eeGateway
eePayments eeHub
eeWorkflow eeEngine ee
General eeLedger ee
Operations eeDashboard ee
Customer eeRelationship eeManagement ee- eeAnswer eePayments eeHub
Workflow eeEngine
Operations eeDashboard

Match eethe eeVault eecomponent eeto eeits eedescription ee- eeAnswer eeOperations
eeDashboard ee
eeEnables eemanagement eeof eebanking eeproducts eeand eebusiness eeprocesses


Smart eeContracts ee
eeEncapsulates eethe eefinancial eelogic eeof eebanking eeproducts eesuch eeas eecurrent
eeaccounts, eesavings eeaccounts, eeand eemortgage eeaccounts

,Experience eeLayer ee
eeHelps eeclients eeto eebuild eecustomer-facing eeapplications eeby eeproviding eecommonly
eerequired eecapabilities


Workflows
eeEncapsulates eethe eelogic eeto eeformally eedefine eeautomated eeand eemanual
eebusiness eeprocesses


Vault eeKernel ee
eeProvides eea eeset eeof eecore eebanking eefunctions eeand eeAPIs eeto eeaccess eethem


Payments eeHub ee
eeStores eethe eerules eefor eedifferent eepayment eeschemes eeand eetranslates eemessages
eebetween eethe eepayment eescheme eeand eethe eePostings eeAPI


How eedoes eethe eeVault eeStreaming eeAPI eeimprove eereporting eecapabilities? eeAllows
eevisibility eeinto eeother eepostings eeand eeother eeevents eein eereal-time ee


Translates eebetween eedata eeschemes eeused eeby eea eewide eerange eeof eeexternal
eesystems ee


Provides eefunctions eefor eeautomated eeconsolidation eeof eebatch eedata ee

Streams eereal-time eeperformance eedata eeto eethe eeOperations eeDashboard ee

Allows eeapplications eeto eesubscribe eeto eereal-time eedata eefeeds ee

Simplifies eeintegrations eeby eeproviding eegeneral eepurpose eedata eefeeds ee- eeAnswer
eeAllows eevisibility eeinto eeother eepostings eeand eeother eeevents eein eereal-time


Streams eereal-time eeperformance eedata eeto eethe eeOperations eeDashboard

Allows eeapplications eeto eesubscribe eeto eereal-time eedata eefeeds

Which eeof eethe eefollowing eeskills eeare eerequired eeto eedeploy eeand eeoperate eeVault?
ee
Hadoop ee
Agile ee
DevOps eetools ee
Python ee
AI/ML eeprogramming ee
Kerberos ee
Kubernetes ee- eeAnswer eeDevOps eetools
Python
Kubernetes

, Which eethree eeof eethe eefollowing eeare eeVault's eemain eefunctions?
ee§ eeProvides eea eesecure eeuser eeinterface eefor eebanking eecustomers
ee§ eeTranslates eebetween eeforeign eepayment eeschemes
ee§ eeExecutes eeand eerecords eepostings
ee§ eeMaintain eea eeGeneral eeLedger eedatabase
ee§ eeImplements eethe eebank's eeproduct eeportfolio
ee§ eeMaintains eecustomer eeaccounts ee- eeAnswer ee§ eeExecutes eeand eerecords
eepostings
§ eeImplements eethe eebank's eeproduct eeportfolio
§ eeMaintains eecustomer eeaccounts

One eeof eeyour eecurrent eecustomers eewants eeto eeopen eea eenew eeloan. eeUsing eethis
eescenario, eedrag eeeach eeof eethe eeVault eePlatform eeArchitecture eeCore eecomponents
eewith eethe eeactions eeit eewould eeperform.
- eePayments eeHub
-Workflow eeEngine
-Ops eeDashboard
-Vault eeKernel ee- eeAnswer ee§ eeAllows eethe eecustomer eeto eemake eepayments eeon
eethe eeaccount
ee□ eePayments eeHub
§ eeEngages eean eeexternal eeservice eefor eecredit eecheck eethen eeinitiates eean eeAPI
eecall eeto eethe eekernel eeto eecreate eea eenew eeloan eeaccount
ee□ eeWorkflow eeEngine
§ eeAllows eebank eestaff eeto eeview eethe eecustomer's eeaccount eestatus
ee□ eeOperations eeDashboard
§ eeCreates eea eenew eeinstance eeof eethe eeSmart eeContract eefor eethe eeloan eeproduct
ee□ eeVault eeKernel


• eeWhich eeof eethe eefollowing eeis eea eebenefit eeof eethe eeVault eeConfiguration eeLayer
eearchitecture?
ee§ eeCan eebe eedeveloped eein eea eeself-service eemanner
ee§ eeNew eeproduct eedevelopment eedoes eenot eerequire eea eeplatform eeupgrade
ee§ eeProvides eea eeconsistent eeAPI eeacross eeall eeproducts ee- eeAnswer eeAll eeof eethe
eeabove


• eeThe eeSmart eeContract eefunctions eethat eeare eecalled eewhen eeevents eeoccur eein
eeVault eeare eeknown eeas
ee§ eeWorkflows
ee§ eeClasses
ee§ eeInstances
ee§ eeHooks
ee§ eeStreams ee- eeAnswer eeHooks


• eeSmart eeContracts eeinteract eewith eethe eeVault eeKernel eethrough:
ee§ eeThe eeContracts eeLibrary eeAPI
ee§ eeThe eeCore eeAPI

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