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| Section | Weight | Objectives |
|---|---|---|
| Wealth Management Capabilities | 20% | - Asset allocation tracking - Performance monitoring - Investment portfolio management - Financial goals and planning |
| Implementation and Configuration | 10% | - Security model considerations - Best practices for deployment - Setup and configuration basics |
| Client Management | 15% | - Household management - Client lifecycle management - Relationship types and hierarchy - Client profiling and segmentation |
| Analytics and Reporting | 12% | - Financial Services Cloud reports and dashboards - Custom reporting requirements - Key metrics for financial advisors |
| Banking and Lending Features | 15% | - Compliance and regulatory considerations - Digital lending workflows - Account aggregation |
| Financial Services Cloud Overview | 10% | - Key differentiators from standard Salesforce CRM - Use cases for Banking, Wealth Management, and Insurance - Core capabilities of Financial Services Cloud |
| Data Model and Architecture | 18% | - Custom objects for financial products - Relationship mapping between accounts and contacts - Financial Account and Financial Holding objects - Individual and Household data model |
Cumulus Cloud Bank is asking the consultant to explain some tools available to integrate Salesforce into several of its back-end/core systems. Which three capabilities should a consultant recommend?
Correct Answer: A,C,E 🗳️
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Which three of these statements are true for Rollup By Lookup (RBL) in Financial Services Cloud?
Correct Answer: A,B,C 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
A financial services company wants to track different categories of financial accounts in its org. Relationship managers must be able to see all of these financial accounts in one place on the customer ' s Account record page grouped by categories. Which three steps should an administrator take to configure the Financial Account object and the Account Lightning record page to meet the design?
Correct Answer: B,D,E 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
A wealth client owns a boutique shoe store called Smith ' s Shoes. Their financial advisor would like to add this relationship to Agentforce Financial Services to track the complete picture of relationships related to the wealth client ' s household. Which three options should the Agentforce Financial Services consultant use when mapping this relationship in Agentforce Financial Services?
Correct Answer: B,D,E 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
A consultant is configuring a demo for a customer but cannot create new residential loan application records.
What is prohibiting the consultant from creating a new residential loan application?
Correct Answer: D 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
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