IBM C2020-002 : IBM Algo Financial Modeler Developer Fundamentals

  • Exam Code: C2020-002
  • Exam Name: IBM Algo Financial Modeler Developer Fundamentals
  • Updated: Sep 05, 2026
  • Q & A: 60 Questions and Answers

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IBM C2020-002 Exam Syllabus Topics:

SectionObjectives
IBM Algo Financial Modeler Fundamentals- Data Management
  • 1. Data flow and categorization
    • 2. CSV/data view setup and configuration
      - Model Execution & Output
      • 1. Live run and batch run outputs
        • 2. Output reports configuration
          - Error Handling & Debugging
          • 1. Runtime vs generator errors
            • 2. Model troubleshooting and validation
              - Core AFM Concepts
              • 1. Model structure and layers (data, reserving, realistic)
                • 2. Standard Code workspace principles
                  - Model Development
                  • 1. Data views and data sources configuration
                    • 2. Modules and programs usage
                      • 3. Variables and assumption sets

                        IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

                        Question 1

                        A colleague asks you to customize an Excel worksheet to read in values from an Algo Einancial Modeler workspace. In each cell you need to return a value from output produced by AFM.
                        Which function would you use?

                        A. AEMOutput
                        B. AFMWorkspaceInfo
                        C. AEMVariableInfo
                        D. AEMModelInfo


                        Question 2

                        Which two actuarial calculations are available in the Standard Code? (Choose two.)

                        A. Embedded value
                        B. Reserving
                        C. Solvency II standard formula
                        D. Asset Liability modeling


                        Question 3

                        If no suffix is attached to a portfolio variable in an event variable is formula, then which value is used?

                        A. The value at the previous event regardless of type
                        B. The value at the end of the step
                        C. The value at the previous event of the same type
                        D. The value at the start of the step


                        Question 4

                        You are debugging a model that you havebuilt. When you run it, you receive the generator error for Variable Z shown below:
                        Variable Z: No IIP value can be set for this variable. It is formula could not be used and none of the program is inputs supplied a value.
                        What are two causes for the error? (Choose two.)

                        A. Variable Z is included in an initialization module as well as the data.
                        B. Variable Z should be a non-portfolio variable but the portfolio property is set to yes.
                        C. Variable Z has it's aggregates property set to "Yes" and it should be "No".
                        D. Variable Z should be portfolio but has not been initialized properly anywhere.


                        Question 5

                        Click the Exhibit button.

                        The exhibitshows a representation of the principles used in Standard Code when building programs.
                        What is missing from the blank boxes?

                        A. A product, one process building block, and one product building block
                        B. A product and two process building blocks
                        C. A process and two process building blocks
                        D. A process, one process building block, and one product building block


                        Solutions:

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

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