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RIPA FA Quiz - MAY 2024

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the name of the phase prior to system changeover (i.e. operating the old and new system concurrently)?

a)

Parallel

b)

Testing

c)

Transition

2.

As at 23-May-2024, how many migration waves have gone LIVE on CACEIS platform (GP & OLIS)?

a)

5

b)

4

c)

2

3.

As at 23-May-2024, funds from which region has gone live on CACEIS platform (GP & OLIS)?

a)

Belgium & Luxembourg

b)

Luxembourg & Switzerland

c)

Belgium & Dublin

4.

In total how many migration waves planned for RIPA FA?

a)

8

b)

15

c)

10

5.

What is shadow NAV training for?

a)

To learn how to import trades in Multifonds

b)

To learn the manual way of trade booking by mirroring all the transactions processed in Multifonds

c)

To learn how to simulate funds in GP

6.

Below are the issues encountered during parallel or GO-Live for Wave 3 & 4 except for?

a)

All trades flowed / integrated automatically without any problem

b)

Trade flow setup issues - trades missing / not interfaced.

c)

Incomplete setup of system accesses

7.

By end of which month, the FA RIPA training would be 100% completed?

a)

End of May

b)

End of June

c)

End of July

8.

What is the % of our workforce that should be trained by end of June 2024 as per goal set?

a)

75%

b)

60%

c)

50%

9.

What is Project Aurora about?

a)

Migration of Singapore Operation to Malaysia

b)

Migration of Hong Kong Operation to Malaysia

c)

Migration of UK Operation to Malaysia

10.

As part of the transition / migration, are all production staffs required to undergo RIPA FA training?

a)

Yes

b)

No