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How to Prepare For ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam
Preparation Guide for ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam
Introduction
This document is an exam guide designed to assist applicants in determining the importance of the ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam and to provide all necessary details such as prerequisites, exam contents and format, and so on for the best exam preparation of interested candidates. This guide includes information on the certification test target audience, recommended preparation and documentation, and a full list of exam targets, all with the intention of helping you obtain a passing grade. In order to increase your chances of passing the test, we strongly recommend a mix of on-the-job experience, course attendance, and self-study. This study guide gives the complete overview of ACI 3I0-003 exam dumps and ACI 3I0-003 practice exams.
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The cost of this exam is Euro 150 including all taxes, but prices for ACI examinations may differ for different countries. The renewal cost for this certificate will be Euro 100 for each time the certification is renewed. Head to the official website of ACI to learn more about the exam cost.
The benefit of obtaining the ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam Certification
- Chances, within your CPD profile, to explore more ACI Education opportunities
- Formal certification of the perception by individuals of prevailing global norms of behavior and business practices
- Compliance with the conformity criteria levied by the financial services authorities
- Enhanced professional development profile with a recognized qualification for the industry
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Introduction to ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam
The ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam is the new exam version that has replaced the well known ACI Model Code exam (3I0-002). As the Model code exam was retired in 2017, this document will only focus on the ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE Exam. The ACI 3I0-003: ACI SETTLEMENTS CERTIFICATE exam tests the comprehension of the six topics and 55 principles set out in the Global Code by a person and is an excellent first step in demonstrating compliance with the new Code and a possible differentiator in terms of career advancement. The program is designed for market participants (as specified by the ACI 3I0-003), including buying and selling groups, intermediaries, regulators and central banks, and is applicable to individuals engaged in front-end trading, middle-class, working, compliance and risk functions.
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ACI 3I0-003 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Settlement, Netting and Clearing | 20% | - Delivery versus Payment (DvP) - Continuous Linked Settlement (CLS) - Netting mechanisms (bilateral/multilateral) - Correspondent banking, Nostro and Vostro accounts - Domestic and international payment systems |
| Topic 2: Deal Capture and Confirmations | 15% | - Trade processing and validation - Amendments, cancellations and novations - Confirmation mechanisms and standards |
| Topic 3: Risk Management, Controls and Documentation | 10% | - Business continuity planning - Internal controls and segregation of duties - Settlement and operational risk - Compliance and industry best practices |
| Topic 4: Financial Instruments and Settlement Processes | 20% | - Foreign exchange instruments - Short-term bonds and notes - Money market instruments - Derivatives and associated settlement |
| Topic 5: Treasury Systems and Data Management | 5% | - Communication and processing systems - Standard Settlement Instructions (SSI) - Static/reference data management |
| Topic 6: Financial Markets and Treasury Operations | 15% | - Front, middle and back office functions - Front-to-end transaction lifecycle - Roles of market participants - Overview of financial markets |
| Topic 7: Reconciliations and Investigations | 15% | - Account reconciliation processes - Exception investigation and resolution - Settlement discrepancies and claims |








