Salesforce Financial-Services-Cloud Exam With Confidence Using Practice Dumps

The following related lists are visible within Actionable Relationship Center (ARC) associated with the Account object:

• Client Financial Goals, which is a related list that displays the financial goals of the account, such as retirement, education, or debt payoff.
• Financial Holdings, which is a related list that displays the financial accounts of the account, such as bank accounts, investment accounts, or insurance policies.
• Household Financial Accounts, which is a related list that displays the financial accounts of the account’s primary group, such as household or business group.

Consent Management for Financial Services Cloud is a feature that helps financial institutions honor and respect their customers’ wishes when they request only specific forms of contact from their company or opt-out of certain types of data-sharing. This feature helps institutions comply with the data protection and privacy regulations that apply to their company11. A consultant can suggest the following actions to implement Consent Management for Financial Services Cloud:

• Set up tracking and storage of certain data privacy preferences: This involves creating data privacy records for customers who have opted out of certain types of communication or data-sharing, and selecting the appropriate options in the record to indicate their preferences12.
• Use the Consent API: This is an API that lets users query, create, update, or delete consent records for customers who have given or withdrawn their consent for certain types of communication or data-sharing.
• Protect your Salesforce organization: This involves setting up organization-wide sharing settings, encryption, field-level security, and other measures to ensure that only authorized users can access or modify customer data according to their consent preferences.

References:

• Consent Management for Financial Services Cloud
• Set Up Tracking and Storage of Certain Data Privacy Preferences
• [Use the Consent API]
• [Protect Your Salesforce Organization]

Rollup By Lookup (RBL) summaries are available for the following objects:

• Financial Accounts, which are records that represent financial products or services that a client owns or uses1.
• Assets and Liabilities, which are records that represent the value of what a client owns or owes1.
• Contacts, which are records that represent individuals who are associated with an account3.