ACI Operations Certificate (002-200)
ACI Operations Certificate supports treasury operations teams and related groups to efficiently cope with stronger competition in the financial markets and to smooth co-operation with supervisory bodies. For every project or in every field companies require proper financial management for the effective utilization of their resources. These kinds of certifications also help in proving the skills in the field of accounts and management. So, if you are planning to crack the ACI Operations Certificate (002-200), then you are at the right site. This exam will prove your ability in the domain of financial risk and cash management and will help you secure your dream job. Let us get into details of this exam.
About ACI Operations Certificate (002-200) Exam
ACI Operations Certificate supports treasury operations teams and related groups to efficiently cope with stronger competition in the financial markets and to smooth co-operation with supervisory bodies. In this the candidates will become up-to-date with the latest developments that affect the treasury operations. This exam also helps candidates to develop a front to end treasury view in terms of process promoting a better understanding between trading community and operations staff.
Exam Format
| Exam Name ACI Operations Certificate | Exam Code 002-200 |
| Exam Duration 2 hours | Exam Format Multiple Choice |
| Exam type NA | Number of Questions 75 Questions |
| Eligibility/Prerequisite NA | Exam Fee EUR 250 |
| Exam Language English, German | Pass Score 60% – 69.99% Merit 70% – 79.99%Distinction 80% and above |
Who should take the exam?
The exam is designed for the following groups:
- Operations staff with at least 2 years of experience and seniors
- Other Trading Room Support Areas
- Internal and external Auditors
- Compliance and Risk Officers
- Product Control
- Vendors
Exam registration
Registration and booking for the ACI Operations Certificate New Version and for the ACI Operations Certificate exams can be made through our Global Education Centre.
Certificate Issuance
Candidates will receive an email with confirmation of their result immediately after the exam with an electronic copy of their Certificate attached to the email. From exams taken after 14th February 2018 onwards, a formal paper version of the Certificate can only be produced under specific request made by candidates to ACI Head Office at a cost of 50 € per certificate.
ACI Operations Certificate (002-200) FAQs
It is very important to know in depth about the exam. You can visit the official site to know more about the exam or to know from us visit – ACI Operations Certificate (002-200) FAQs
Course Structure
1. Overall financial market and front to end treasury view
To describe the roles of each participant within the financial market and to provide an understanding of how Treasury Trading and Sales, MiddleOffice and Operations have to be structured in the risk management context. To give an understanding of how the whole transaction process management can be optimised as well as to explain the importance of providing a quality, customer orientated service to both internal and external clients.
2. Deal capture, trade entry and confirmations
To explain the payment and confirmation process that follows deal capture and trade entry; list the problems that can arise if mistakes are made; describe how different clearing and payment systems can impact on risk; show an understanding of the correct source of trade information.
3. Settlement, netting and clearing
To explain the importance of the different settlement and payment systems as well as the use and handling of the correspondent network and accounts.
4. Reconciliations and investigations
To explain the methodology used to match at least two different records, using the same information to identify and investigate differences and taking corrective action when necessary. To explain the way how to proceed to settle outstanding items.
5. Treasury systems and data management
To explain the essentials of a treasury system, the data management for treasury operations as well as the basic accounting of treasury operations.
6. Risk management, controls, compliance, and documentation
To explain the importance of having strict procedures and controls in place to ensure that no unauthorised or incorrect payments are made and to protect the business from related risks. To describe the purpose of documentation in settling financial transactions.
7. Foreign exchange
8. Money market
To explain the characteristics of the major money market instruments, specific responsibilities and associated settlement processes.
9. Derivatives
To explain the specific features of exchange-traded and Over The Counter (OTC) derivative markets as well as the characteristics of optional and non-optional derivatives, including the specific responsibilities and processes associated with them.
10. Short-term bonds and notes
To explain the characteristics of short-term debt instruments, notes and bonds as well as the specific responsibilities and processes associated with them.
Preparatory Guide for ACI Operations Certificate (002-200)
There are unlimited resources that you can find for the preparation of this exam. But you have to be very careful while choosing the resources as they will determine how well you pass the exam. Only the cramming part will not help you get through the exam, you have to strengthen your conceptual portions too in order to clear the exam and secure the job you always wanted to! Let us look at some of the many available resources that can be used in preparation.
Review the official site
The official site for the exam provides information on various technicalities and other aspects of the exam. The site also offers many classroom and online classes for preparation of the exam. The official site is the most authentic source of information and updates of the exam. The official site also provides the sample papers and sometimes, the online documentations and e-resources which are accessible for free and can be great source.
Study Groups and Communities
Study groups and online communities You can form online study groups or offline study groups with the people with similar interest. Always feel free to clear your doubts on the online forums which have people who have already cleared the same exam or any related exam. An experienced person can guide you in a way no other person can. Study groups can help boost your confidence and develops self confidence in you.
Your own strategy
Try to form your own strategy for studying. Categorize the topics as one which require conceptual understanding and one which has to deal with theoretical portions. You can also focus on the hands-on experience. Always fix the time for study and try to avoid the distractions as much as you can. Make revision notes and schedule your tests time to time. Try to refer to multiple resources for reading to handle the tricky portions of the exam. Always stick to your plan and implement it as you have decided to. Implementing your strategy successfully is so much important for passing the exam.
Evaluate yourself with Practice Test
Practice makes a man perfect. You will get a clear idea of on which portions you are required to work more upon. You should keep practicing in every possible way – either through practice papers or test series or through practice labs. They help you in determining the level of your preparation and also help in identifying loopholes. You can find various reliable site which provide you with quality content and reliable test series and practice tests. They even provide you with the exam pass guarantee. Try a free practice test now!
