IBM Algo One Fundamentals : C2020-003

  • Exam Code: C2020-003
  • Exam Name: IBM Algo One Fundamentals
  • Updated: Aug 28, 2026
  • Q & A: 60 Questions and Answers

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IBM C2020-003 Exam Syllabus Topics:

SectionWeightObjectives
Data & Layer Management25%- Data sources and integration
- Layers, sub-layers, and portfolio dates
- Variable definitions and rollback rules
- AFMOutput functions and pathing
Algo One Architecture & Components25%- Algo Financial Modeler
- Algo Batch & RiskWatch
- Core platform structure
- Algo Scenario Engine
Modeling & Calculation25%- Model development and configuration
- Formula syntax and module usage
- Scenario generation and simulation
- Cube sizing and performance
Deployment, Batch & Administration25%- Job streams and batch scheduling
- Security and permissions
- Monitoring and output reporting
- Installation and environment setup

IBM Algo One Fundamentals Sample Questions:

Question 1

Aclient has redesigned their nonprofit endowment product to pay a guaranteed 110% of Sum Assured on death rather than just the Sum Assured assumed in Standard Code. They want you to update the model so that it will be unaffected when any future updates of Standard Code are copied into the workspace.
How would you do this?

A. Copy the Sum Assured variable into a blank line at the bottom of the product and change the code to 110% * Sum Assured.
B. Change the existing formula to 110%* Sum Assured.
C. Copy the Sum Assured variable into a blank line at the bottom of the module and change the code to 110% it Sum Assured.
D. Comment out the original code within the existing module and replace with 110% * Sum Assured.


Question 2

CORRECT TEXT
A client has a portfolio of 200 instruments. Their scenario set contains 10,000scenarios. The simulation is configured with five simulatable attributes across 10time steps. The cube does not contain any currencies or risk factors.What is the approximate size of the cube?

A. 1 GB
B. 800 MB
C. 400 MB
D. 100 MB


Question 3

A colleague tells you that it is possible to pass results directly from one model in Algo Financial Modeler to another. Which file type would you reference to do this?

A. wvz
B. wva
C. wvr
D. wvu


Question 4

Click the Exhibit button.

The arrow in the exhibit points to something missing in the AFM Output function. What is missing?

A. Program_Name
B. Event Name
C. Module_Name
D. Filter_Name


Question 5

Which three would you attach to a program on a projection process inside a layer? (Choose three.)

A. An aggregation report
B. A data process
C. A category
D. An assumption set
E. A module


Solutions:

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

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