IBM C2020-002 : IBM Algo Financial Modeler Developer Fundamentals

C2020-002 real exams

Exam Code: C2020-002

Exam Name: IBM Algo Financial Modeler Developer Fundamentals

Updated: Aug 08, 2026

Q & A: 60 Questions and Answers

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IBM C2020-002 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Algo Financial Modeler (AFM) Concepts37%- Data objects and management
- AFM architecture and components
- Actuarial and financial modeling basics
- Model structure and layers
Topic 2: AFM Outputs and Analysis20%- Output types: aggregated and individual
- Analyzer tools and validation
- Integration with Microsoft Excel
- Result workspace and reporting
Topic 3: AFM Standard Code28%- Modules, events, and projections
- Version control and locking
- Standard Code structure and usage
- Customization and configuration
Topic 4: AFM Troubleshooting and Testing15%- Model validation and debugging
- Runtime and compilation errors
- Performance optimization
- Deployment and runtime environment

IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. Why would you use the analyzer during development of a model?

A) To highlight the differences between components
B) To see how the variables within a component interact
C) To create test data to pass into a model
D) To provide a list of all the saved changes made to a workspace


2. You need to specify the initial value for in-force policies. What are two ways to do this? (Choose two.)

A) Use the initial value property on the step.
B) Calculate them from the program variable's formula (which may call a sub layer).
C) Use an event van able.
D) Define them in a data view or database view.


3. A new AEM user has downloaded Standard Code for the first time. The user knows that they must delete some of the code but cannot rememberwhich part(s).
Which three parts would you tell the user to keep? (Choose three.)

A) Only modules specific to their region
B) All assumption sets and data views
C) All modules
D) Only assumption sets and data views beginning "Template_"
E) All events


4. In which two ways are modules used? (Choose two.)

A) A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.
B) A module can be added to a program to cause the variables in the module to be included in the program.
C) A module can be included as a submodule within another to cause the variables in the sub module to be included in the containing module.
D) Modules can specify which variables are to be included in certain formsof output (aggregated results and individual results) produced by Algo Financial Modeler.


5. What is the top (yellow) layer of a model called?

A) Assets Layer
B) Data Layer
C) Realistic Layer
D) Reserving Layer


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B,D
Question # 3
Answer: A,D,E
Question # 4
Answer: B,C
Question # 5
Answer: B

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