IBM C2020-002 : IBM Algo Financial Modeler Developer Fundamentals

  • Exam Code: C2020-002
  • Exam Name: IBM Algo Financial Modeler Developer Fundamentals
  • Updated: Aug 02, 2026
  • Q & A: 60 Questions and Answers

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IBM C2020-002 Exam Syllabus Topics:

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

IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. What are three types of generator messages? (Choose three.)

A) Error messages
B) Model messages
C) Information messages
D) Warning messages
E) Analyzer messages


2. A colleague has passed you a model built fromStandard Code for verification. The model has iwo products, one with 50 policies and one with 100 policies. The products have their own data source and specific programs. However, when running the model, you notice that 150 policies are going through bothprograms.
What should you do?

A) Add market sector categories to the data sources and programs.
B) Add program type categories to thedata sources and programs.
C) Add data flow categories to the data sources and programs.
D) Add module categories to the data sources and programs.


3. Click the Exhibit button.

The exhibit shows apicture of the compare page.
What is meant by the areas highlighted in blue in the Step variables box?

A) A variable or property only appears in one of the components.
B) A variable or property is common to both the components but one appears on a step and the other on an event.
C) A variable or property is common to both the components but is not used in either.
D) A variable or property is common to both the components but has a different formula or value.


4. You have a model with a data layer, a top projection layer, and a sub layer. When the sub layer is called, what will be the portfolio date of that layer?

A) The inception date of the first data record
B) The step date of the top projection layer at which the sub layer is called
C) The start date of the projection process
D) The start date of the model


5. In which two locations would an analyzer tool be found? (Choose two.)

A) Results Workspace
B) Modules
C) Categories
D) Models


Solutions:

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

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