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| Section | Weight | Objectives |
|---|---|---|
| Banking and Lending Features | 15% | - Compliance and regulatory considerations - Digital lending workflows - Account aggregation |
| Client Management | 15% | - Household management - Client lifecycle management - Client profiling and segmentation - Relationship types and hierarchy |
| Analytics and Reporting | 12% | - Key metrics for financial advisors - Financial Services Cloud reports and dashboards - Custom reporting requirements |
| Data Model and Architecture | 18% | - Custom objects for financial products - Financial Account and Financial Holding objects - Individual and Household data model - Relationship mapping between accounts and contacts |
| Wealth Management Capabilities | 20% | - Asset allocation tracking - Performance monitoring - Financial goals and planning - Investment portfolio management |
| Implementation and Configuration | 10% | - Best practices for deployment - Security model considerations - Setup and configuration basics |
| Financial Services Cloud Overview | 10% | - Use cases for Banking, Wealth Management, and Insurance - Key differentiators from standard Salesforce CRM - Core capabilities of Financial Services Cloud |
1. A consultant is building an agent console for an insurance company using FlexCards to provide a 360-degree view of its customers. An Integration Procedure will be used to retrieve Account, Opportunity, andContract data. The agent wants the following information displayed:
* Account information including account name, phone, and website
* Active opportunities related to the Account
* Active insurance policies related to the Account
* The ability to view andrenew policies
How should the consultant design the FlexCards to meet these requirements?
A) Parent FlexCard with multiple Cnrrarenand different Card States
B) Parent FlexCard with single Child and multiple Card States
C) Parent FlexCard with multiple Q**jld Flex Cards and Card Actions
D) Parent FlexCard with single Child and Card Actions
2. The investor relations director of a large insurance company just published a press release after the company's Quarterly Earnings Callto report about its digital transformation implementing Salesforce Financial Services Cloud (FSC).
Which three value outcomes should the company's stakeholders expect?
A) Achieved higher CSAT & NPS scores attributed to personalized customer experiences driven by shorter waits due to decreased average case handle times and improved self-service solutions via Einstein Bots for FSC
B) Automated claims orchestration via straight through processing workflow rules from OmniStudio with minimal human intervention from insurance adjusters or underwriters, allowing claims to be completed faster and at scale
C) Improved customer onboarding experiences by fast-tracking and simplifying document tracking and approvals via FSC Action Plans
D) Streamlined the entire deal lifecycle with FSC. leveraging relationship maps and interaction history in business development/discovery D to accelerate pipe management and research
E) Drove Advisor productivity with a daily task list, client life events, opportunities, and aggregated household information directly from D the FSC HomeT\e
3. An administrator is logged into Data Loader with their own credentials to insert new Business Account records into their Salesforce environment. They forget to specify the Account Owner field in the import file.
Assumingthere are no other issues, what should happen when the administrator uploads the import file?
A) The import will succeed, and the Account Owner field will be left blank.
B) The import will succeed, and the administrator will be prompted to select a user.
C) The import will succeed, and the administrator will be named as the default Account Owner.
D) The import will fail, since all records in Salesforce must have an owner.
4. Cumulus Bankhas implemented Compliant Data Sharing in Financial Services Cloud. Which two things happen when an opportunity record that has opportunity participants with associated share table entries is set to Private?
A) Sharetable records need to be manually deleted.
B) All opportunity participant records are delete
C) The share table records are deleted.
D) The opportunity participant records are not deleted.
5. Agents for an insurance company need to know the current and past weather conditions when creating customer claims. The consultant implements a Flex Card for weather conditions in the console to ensure the agents can access the information. The Flex Card needs to provide fields extracted from a weather API and an account field from Salesforce.
Which method should the consultant use, according to best practices?
A) Streaming API
B) Integration Procedure
C) Data Raptor Extract
D) APEX classes
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,E | Question # 3 Answer: C | Question # 4 Answer: C,D | Question # 5 Answer: B |
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