CAMS · Question #805
When considering purchasing AFC tools from a vendor to implement into the customer lifecycle, which of the following measures should be taken during the process? (Choose two.)
The correct answer is A. Ensuring the tools are compatible and integration with current systems is possible C. Assessing the cost of implementation and cost of maintaining the tools. It is essential to ensure that anti-financial crime (AFC) tools are compatible and can be integrated with existing systems to avoid operational disruptions. Additionally, evaluating both implementation and ongoing maintenance costs is crucial for long-term sustainability and…
Question
When considering purchasing AFC tools from a vendor to implement into the customer lifecycle, which of the following measures should be taken during the process? (Choose two.)
Options
- AEnsuring the tools are compatible and integration with current systems is possible
- BAssessing whether internal staff members can provide training on the tools
- CAssessing the cost of implementation and cost of maintaining the tools
- DBasing business requirements on the features offered by the vendor's tools
How the community answered
(54 responses)- A81% (44)
- B13% (7)
- D6% (3)
Explanation
It is essential to ensure that anti-financial crime (AFC) tools are compatible and can be integrated with existing systems to avoid operational disruptions. Additionally, evaluating both implementation and ongoing maintenance costs is crucial for long-term sustainability and effective budget planning.
Topics
Community Discussion
No community discussion yet for this question.