CAMS · Question #805
CAMS Question #805: Real Exam Question with Answer & Explanation
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 effe
Question
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
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.
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