ACI
3I0-012 · Question #74
The use of standard settlement instructions (SSI's) is strongly encouraged because:
The correct answer is A. it reduces operational risk. See the full explanation below for the reasoning.
Question
The use of standard settlement instructions (SSI's) is strongly encouraged because:
Options
- Ait reduces operational risk
- Bit splits differences arising from failed settlement between the two counterparties
- Cit removes the need for sending out SWIFT confirmations
- Dthe use of SSI's secures the trading on more secure platforms
How the community answered
(53 responses)- A75% (40)
- B8% (4)
- C13% (7)
- D4% (2)
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