3I0-013 Exam Dumps - ACI-Financial Questions and Answers

The FX spot and forward dealing input and processing module

Standard back office features

The money market dealing and processing module

The securities trading and processing module

The Head of Operations has the sole responsibility of ensuring the correctness and validity of the SSI set up.

SSIs should be stored and maintained in the bank's general static data system.

Each institution should have a separate SSI team to prevent / minimize the potential risk of fraud.

SSI staff should be fully integrated within Operations to insure consistent and reliable settlement guidelines.

Thursday, 27 June

Friday, 28 June

Saturday, 29 June

Monday, 1 July

A GBP account with another UK bank

A CHF account with a bank in Zurich

A CHF account that it holds for a customer in London

A GBP account that it holds for a bank in New York

The issuer of a payment for the relevant trade distinct from the counterparty

The issuer of a payment for the relevant trade identical to the counterparty

The recipient of a payment for the relevant trade distinct from the counterparty

The recipient of a payment for the relevant trade identical to the counterparty

TARGET2

Euro Link System (ELS)

Euroclear

Clearstream

Integration, layering, placement

Integration, placement, layering

Placement, layering, integration

Layering, integration, placement

Currency risk, interest rate risk and swap risk

Settlement risk, delivery risk and replacement cost

Operational risk

Settlement risk and swap risk

Pay EUR 10,000.00

Receive EUR 10,000.00

Pay EUR 9,993.75

Receive EUR 9,993.75

Nostro funding payment

Third party payment

Value spot USD payment

Value spot payment for currency equivalents> USD 3,000,000.00