IBM M2020-624 - IBM Risk Analytics for Governance Risk and Compliance Sales Mastery Test v1 Exam

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Total 24 questions

What is one key question to ask your prospects who are evaluating Governance, Risk and
Compliance solutions?

  • A. How does your organization currently document and report on employee new hire sales training certifications?
  • B. How effective are your current sales metrics?
  • C. What is your organization currently using to document, test and report on your financial control compliance?
  • D. Do you have visibility into your sales pipeline throughout your organization?


Answer : C

What does the IBM OpenPages GRC Platform allows organizations to do?

  • A. Manage a predictive analytics framework to report to multiple regulators.
  • B. Manage XBRL content for Solvency II Pillar 3 requirements.
  • C. Manage risk and compliance across multiple regulations, including Basel II and Solvency II.
  • D. Manage risk and compliance across multiple regulations, excluding Basel II and Solvency II.


Answer : C

What regulations or areas of regulations would a typical public multinational firm be subject to that can be addressed using the OpenPages GRC framework model?

  • A. Employee Privacy (FDIC), Public Heath and Safety, Health and Human Services
  • B. Privacy (Gramm-Leach-Bliley Act), Industry specific (Basel II), Government (Dodd-Frank Act)
  • C. Consumer Credit Protection Act (FDIC). Energy and Utilities Acts
  • D. Credit Risk and Regulatory Capital. Counterparty Credit Risk


Answer : D

Which indicator should alert you to an OpenPages GRC opportunity?

  • A. Collaborate and automated systems defined by line of business managers
  • B. Robust reporting and non-redundant risk and controls data collection
  • C. Integrated, inexpensive approaches to data collection
  • D. Line of business managers lack risk data and reporting intelligence to evaluate risk exposure


Answer : D

Analyst reports (Gartner and Forrester) have named IBM OpenPages as one of the leaders for enterprise Governance. Risk and Compliance platforms.
Who are three main competitors who have been identified by the analysts in this space?

  • A. BWise. Thomson Reuters. Oracle
  • B. Oracle. Microsoft. SAP
  • C. SAP. BWise, HP
  • D. Oracle. Archer. SAS


Answer : A

Reference:http://www.citia.co.uk/content/files/magic-quadrant-for-enterprise-governance- risk-and-compliance-platforms-2012_70384698.pdf(page 2)

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Total 24 questions