NICE Actimize RPA Interview Questions and Answers [FREQUENTLY ASK]

Last updated on 17th Nov 2021, Blog, Interview Questions

These NICE Actimize RPA Interview Questions have been designed specially to get you acquainted with the nature of questions you may encounter during your interview for the subject of NICE Actimize RPA . As per my experience good interviewers hardly plan to ask any particular question during your interview, normally questions start with some basic concept of the subject and later they continue based on further discussion and what you answer.we are going to cover top 100 NICE Actimize RPA Interview questions along with their detailed answers. We will be covering NICE Actimize RPA scenario based interview questions, NICE Actimize RPA interview questions for freshers as well as NICE Actimize RPA interview questions and answers for experienced.

1. Explain in detail about NICE Actimize?

Ans:

It is part of the NICE system that provides a wide variety of services that cater towards financial crime prevention, fraud detection, and risk management. All these services are catered towards specific businesses and they operate worldwide.

Further, the company provides services like real-time cross-channel fraud prevention, Anti-money laundering regulations, and surveillance solutions that primarily tackle fraud payments, any specific market abuse, and obviously for customer information safe.

2. How to start a Nice Toolbar?

Ans:

The following steps will help you to start or initiate Nice Toolbar :

• Click on the Windows Start button
• Select Programs > Nice Applications and choose NICE Toolbar
• A login window will appear for the NICE toolbar
• Key in the username and password data, NICE Toolbar will appear for the user to use.

3. Is the use of a Nice Monitor?

Ans:

With the help of Nice Monitor, the applications can be used to monitor Live audio.

4. What is the use of NICE Supervision?

Ans:

With the help of NICE Supervision, if there is any failure within the application then the alarms are generated to acknowledge the same.

5. What is model validation?

Ans:

Model validation is nothing but a set of instructions or defined workflow which actually double checks whether the entire system is functioning as it is supposed to be. To be specific a model validation is nothing but a collection of processes and a set of activities which are executed to verify whether the fraud models are executed and validated as it is expected to be.

6. What are the key elements that are needed for a model validation framework?

Ans:

The key elements that are needed for a model validation framework are as follows :

1. First and foremost evaluation of conceptual soundness.

2. Ongoing monitoring and process verification to validate the model functionality

3. Outcome analysis. It is helpful for comparison of expected output vs output came through

7. List out all the fraud consulting services that are included in NICE ACTIMIZE?

Ans:

The list of all fraud consulting services that are included are as follows :

• Constant review of model governance and programs
• Feedback, guidance, and recommendations based on the model governance
• Alert mechanisms
• Model validations and testing support
• Data integrity, model limitation reports
• Finally, regulatory examination preparation.

8. How does NICE ACTIMIZE fraud consulting services are helpful for an organization?

Ans:

With the help of NICE ACTIMIZE fraud consulting services the organization will be taken care of the following aspects :

• They provide expert guidance in terms of security
• Insightful and knowledge-oriented financial advice to the organization in terms of fraud strategy
• Help the organization in defining the fraud management processes
• All the day to day challenges and technology challenges to mitigate the problems are taken care of by the NICE ACTIMIZE tool

9. What can be installed using NICE administrator window components?

Ans:

With the help of NICE administrator window components, it will help to set up users, servers, loggers, and channels in your systems.

10. What does the Data field mean in NICE applications?

Ans:

A data field is nothing but the fields in the NICE applications where it contains information about a specific call and other audio segments which are actually recorded in the NICElog system.

11. What are the different sources where the data fields are available?

Ans:

The different sources where the data fields are available on your site are as follows :

• NiceLog system that is connected to the telephony switch
• Logger data fields
• NICE CLS mapping fields
• User-defined data

The NICE Administrator has the privilege of enabling and disabling the data fields for viewing, querying, and editing.

12. Where do all the data fields on the site are listed? What is the process of changing the data field name within the column?

Ans:

All the data fields for the site are listed under Column. The process of changing a data field name happens under the column itself. If the user wants to change the data field name then he/she has to double click on the existing data field name and type in the desired name. This will change the data field name which was available from the column.

13. How do you enable and disable the data field in View, Query, Edit columns for a specific site?

Ans:

For a specific site, the user will be able to enable and disable the data field for View, Query, and Edit columns by checking the checkbox. If the checkbox is ticked then it is enabled and if the checkbox is unticked then the data field is disabled.

14. How can you manage site security? What is the list of items that need to be checked?

Ans:

The site security actually covers the following items :

• Account Lockout information: With this if the user has tried x number of times to access the site. If the user has exceeded or crossed the x number of trials, then the account should be locked out automatically.
• Displaying Login information: This will help the users to see their login information when they have logged into the account. Also, it will also show the number of attempts they have made to log into the account.
• Auto Application lock information: This is after the fact, which means this way to protect the account is to set an idle time. If the user has crossed a certain number of minutes of idle time then the account will automatically lock the account.
• Expanding the playback time: This will allow the user to define x number of seconds before actually listening to playback audio. Usually, it is difficult to understand the playback audio if it starts from the recording. Using this feature, the user will have some pause initially which helps them to get ready, and then they can start listening to the playback audio.
• Dual password requirements set: It is a two-step verification process where the user has to follow the two steps of verification to access the account information.

15. What does RTS mean in NICE loggers?

Ans:

RTS stands for Remote Tape Server. These are used to backup all the audios that are actually logged by NICE loggers.

16. What are the specific solutions that are offered with ACTIMIZE AML offerings?

Ans:

With the help of Actimize AML solutions the organization can be benefited :

• Suspicious Activity monitoring system
• Customer Due diligence
• Watchlist filtering

17. What is an Actimize tool?

Ans:

Actimize open analytics gives your users the control they need to respond quickly to challenges and meet your organization’s unique business needs. The highly flexible and scalable Actimize platform and our easy-to-use development tools allow your users to take charge.

18. What is RTS In Nice Loggers?

Ans:

RTS stands for Remote Tape Server. RTS is used to backup all the audios that are actually logged by NICE loggers.

19. What Are The Solutions Available in Actimize AML?

Ans:

Actimize AML solutions the organization can be benefited :

• Suspicious Activity monitoring system
• Customer Due diligence
• Watchlist filtering

20. What is Suspicious Activity and Transaction Monitoring in Nice Actimize?

Ans:

When it comes to monitoring and reporting on this activity, it’s the threats you don’t know about that can get you in trouble. Independent operations, disparate systems, and siloed data increase the risk of unknown threats and overlooked suspicious activities.

Suspicious Activity Monitoring (SAM. solution offers end-to-end coverage for detection, scoring, alerting, workflow processing, and reporting of suspicious activity to make sure nothing slips through the cracks.

Nice supports the full investigation life cycle and, with our integrated case management platform, improves your staff’s productivity, helping you to meet regulatory obligations in a cost-efficient manner.

21. What do you find and prevent Suspicious Activity Monitoring (SAM. ?

Ans:

With the help of SAM, we can find and prevent below suspicious activities :

• An extensive library of detection models specifically designed for the banking, finance, securities, and insurance industries
• Advanced analytics profiling capabilities allow for multi-level, flexible monitoring
• High-quality alerts focus investigations on the highest priority issues
• Automated reporting and regulatory filing that eases AML compliance requirements

22. What is Customer Due Diligence (CDD. in Nice Actimize?

Ans:

The Actimize CDD Software Suite expands your risk reach, providing complete and consistent life cycle assessment, including re-assessment of customer risk. As part of Know-Your -Customer (KYC. compliance policy, ongoing customer due diligence (CDD. and enhanced due diligence (EDD. processes, the CDD Suite allows firms to seamlessly identify, manage, and mitigate customer-related risks.

23. What are the features and functionalities included in Customer Due Diligence (CDD) ?

Ans:

Feature-rich functionality for customer due diligence includes :

• Streamlined applicant due diligence
• Ongoing customer risk monitoring
• Comprehensive custo mer risk record
• Proactive detection models
• Automated workflows and reporting

The Actimize CDD Suite can integrate elements of an overall AML program allowing you to rest assured that their understanding of their customers is always up-to-date.

24. What is Automated Currency Transaction Reports (CTR) filing?

Ans:

Automating your CTR processes allows you to reduce manual intervention and errors. It’s built-in validation tools and flexible capabilities enhance the quality and timeliness of completed reports while letting you adapt to changing FinCen Regulations and business needs.

25. What are the features available in Currency Transaction Reports (CTR) ?

Ans:

Actimize’s CTR Processing & Automation solution takes the guesswork out of CTR filing with :

• Streamlined data aggregation and management
• Robust, flexible CTR detection capabilities
• Automated CTR generation and validation
• Seamless CTR e-filing prepares, files, and tracks filing status
• Comprehensive workflow management for process consistency

26. What is FATCA compliance software in Nice Actimize?

Ans:

FATCA Compliance solution enables complete life cycle assessment for FATCA-status identification, management, and reporting on new and pre-existing customers, business entities, and owners, allowing you to ensure compliance while minimizing your operational and customer impact.

27. What is the Robotic Automation Process?

Ans:

Robotic process automation (RPA. is a business process automation technology in which the robots simulate and mimic human actions for executing tasks without any human intervention in a business process. An RPA software robot even costs less than the budget spent on an employee and never makes mistakes.

• Robotics : The entity which mimics the actions of humans.
• Process : It is a step-by-step procedure that leads to an effective activity, for example, the process of building a house.
• Automation : It is defined as a process that is performed by robots without human involvement.

28. RPA Vs BPM?

Ans:

Function	RPA	BPM
Technology	Software bots are configured to complete monotonous tasks that humans would normally do	Encompasses a wide range of software technology components such as workflow engine, business analytics, etc., to improve business performance.
Automation focus	Minimizes manual/ repetitive/rule-based tasks that do not require complex decision making	remove bottlenecks and shorter process cycle times, and improves productivity business-wide
Deployment effort	Non-disruptive works across an organization’s existing processes and applications	A longer-term effort that requires dedicated technical resources depending on process complexity and depth of integrations.
Business impact	Returns can be acquired quickly and cost-effectively.	Wide gains can be achieved in overall productivity
Cost	Less expensive when compared to BPM.	BPM is expensive for enterprise applications.

29. What are the steps involved in the RPA life cycle?

Ans:

RPA life cycle is defined in 4 phases :

• Analysis: This is the beginning phase of the RPA lifecycle which analyzes the business processes for RPA development.
• Bot Development: Development team works on fulfilling the requirements for the automation tasks.
• Testing Phase: Development team performs quality checks for bots.
• Deployment and Maintenance: The bot is deployed and maintained by the team.

30. How to create an RPA bot?

Ans:

To create an RPA bot, we need to follow the below-mentioned steps :

• Record a task
• Perform the bot implementation
• Test the bot
• Upload the bot to execute the automation tasks

31. What are the characteristics of RPA?

Ans:

The following are the characteristics of RPA :

• User-friendly: Robotic Process Automation Softwares are usually very easy to use and understand. There is no need to have special or extra knowledge for users to use RPA.
• Not Disruptive: The process transformation in RPA is very simple and straightforward.
• Coding is not required: No coding is required for the employees who work on RPA. They only need to have knowledge regarding how the RPA works.
• More efficient results in less time: They never make mistakes as humans do. Once you provide them with the right data along with rules and regulations, they will execute the same without any errors.
• Easy to use: The code required for automating tasks is minimal and not required anymore. So it can be done by simply dragging and dropping into the system.

32. What are the factors that are encouraging the organizations to proceed with RPA according to you?

Ans:

As of today most business organizations are adopting RPA and the following factors that drive most of the organizations to adopt RPA are :

• RPA always makes sure that it provides error-free results.
• It can automate tasks as simple as the way we do copy-paste.
• RPA robots provide an easy way to tackle activities accurately even if the employees are out of an organization.
• RPA is only a one-time investment for an organization and results are forever.
• Companies won’t require any special attention for quality verification and testing.
• It requires less human interaction which ensures no conflicts and fast operations.

33. Let us assume you need to handle an RPA project and provide inadequate skills to process, then would you reject the project or find an alternative?

Ans:

Leaving a project is not at all a correct decision. The fact is that there are many alternatives available for RPA and most of the alternatives have a short duration. So, we can work on it or solve the problem and gain additional skills required for the project by choosing alternatives. Support and alternatives play an important role to assist in this type of project.

34. What are the pros and cons of RPA according to you?

Ans:

The pros of RPA are as follows :

• Reduced errors
• Greater productivity
• Enhanced job satisfaction
• Lower turnover

The cons of RPA are as follows :

• Increase in complexities during implementation
• Redundancy
• A huge threat of unemployment

35. List the benefits of using RPA?

Ans:

Key benefits of using RPA are listed below :

• Reduces costs – Reduces the size of your workforce by automating all the manual and repetitive tasks.
• Customer satisfaction – Eliminates human errors and provides a lower level of operational risk.
• Improves data quality – Develops consistency with standardized processes.
• Increases productivity – Expands the virtual workforce quickly and easily.

36. List the popular RPA tools?

Ans:

The popular RPA tools are as follows :

• UiPath
• Another Monday
• Automation Anywhere
• LINX
• WinAutomation
• Jiffy RPA
• Kryon
• Jacada
• NICE Systems
• Kofax
• Automatic
• Pega
• KOFAX from Lexmark
• G1ANT
• WorkFusion
• Contextor
• Redwood Software
• Onvisource
• AutomationEdge
• OpenConnect

37. Explain the basic requirements of RPA for front and back-office processing?

Ans:

Robotic process automation (RPA. can be used for both front and back-office processes with its flexibility and capability. Most of the specifications are equal for both front and back-office processes and the same configuration can be deployed, and the outcomes derived are always superior in every aspect.

38. What are the scripting standards that you will consider during automation testing?

Ans:

• Adequate indentation
• Uniform naming convention
• 3 Lines of comments for every 10 lines of code
• Use of Frameworks wherever possible
• Robust error handling and recovery scenario

39. What do you mean by Information Collection in RPA?

Ans:

Information collection in RPA means collecting and measuring information from different resources and possibly providing them to robots to execute their operations easily and reliably.

40. What do you understand about the Process studio in RPA?

Ans:

A Process studio is an interface where you develop the actual flow of the business you want to automate. It allows control loops, variables, business logic, and more to be sequenced and tested in a visible business flow. It actually implements the software robot’s logic. Mostly the processes defined in the process studio are similar to a flowchart.

41. What is the difference between a thin client and a thick client?

Ans:

Thin client: It is an application that doesn’t get any attribute properties while spying using RPA tools.

Example : Virtual environment

Thick client: It is an application that gets all the required attribute properties while using any RPA tool.

Example : Internet Explorer, calculator, browser, etc.

42. List the current limitations of RPA?

Ans:

• RPA tools cannot understand any information that is non-electronic with unstructured inputs.
• Organizations need to be aware of diverse data input issues coming from various sources.
• RPA is not a cognitive computing solution. It can remove rule-based monotonous tasks but cannot learn from experience and therefore has a ‘shelf life’.
• Employing RPA to a broken and inefficient process will not fix it.

43. Does Robotic Process Automation require special skills to handle?

Ans:

The truth is RPA does not require any programming skills. So, anyone can become an RPA expert with some basic knowledge or training for a quite small span. Also, everything can be handled quickly either by a flowchart or in a stepwise manner.

44. List the key factors considered for planning automation?

Ans:

• Analyze and Plan
• Identify Tools and Technology
• Select the right Framework
• Define Scope of tests
• Prepare the Testbed
• Recognize common functionality/methods
• Perform the test cases
• Evaluate the test cases

45. When will you automate a test in RPA?

Ans:

• RPA automation is done on specific levels and positions for testing multiple data sets.
• For repetitive tasks, regression test cases, and smoke and sanity tasks, it can be simply automated.

46. Is it a prerequisite for organizations to change their entire infrastructure in order to adopt the RPA approach?

Ans:

• No, it is not always necessary to change everything in an organization.
• RPA approach is easily compatible with the existing infrastructure due to its flexibility feature.
• Advanced robotic software and tools in RPA don’t face any compatibility issues and efficiently allow the organizations to keep up the pace.

47. What are the must-have features for an automation tool?

Ans:

• Should support all kinds of test environments
• Support various frameworks
• Perform database testing including image testing techniques
• Debugging and object identification

48. How do we perform test cases and scripts in RPA?

Ans:

Automation testing is an approach in the Robotic Automation Process that is used to perform test cases and scripts. This testing uses automation tools to cut down the total number of test cases that are required to make RPA run manually.

49. Is the Robotic Automation Process a secure and reliable approach?

Ans:

At different levels, the same is built in the RPA. The important thing is done with vendors, whereas the runtime function is entirely different from the process that is related to the editing of files. It is not mandatory that all the users perform the same action, but in some cases, they can be restricted. This normally includes running, creating, editing, and designing the processes. Every log which we create is capable enough to provide huge information along with a wide scope. When compared to the manual process, the Robotic Automation Process provides security as well as extra control in an environment.

50. Which is the most prominent feature of the Robotic Automation Process according to you?

Ans:

The most prominent feature of RPA is that it provides powerful analytics under every situation. Due to this analytics, better governance can be assured.

51. What sequence of steps are involved in RPA?

Ans:

The steps that are involved in RPA are :

• Preparation of project
• Identification of use case and automation potential
• Development of business cases
• Preparation of RPA
• Implementation of RPA

52. For an agile method, when will you avoid using automation testing?

Ans:

The usage of automation testing can be avoided when there is a frequent change in the requirements or when the documentation required is extremely massive. This is due to the fact that things can go wrong if automation is considered at that time.

53. What are the typical uses of RPA?

Ans:

The uses of RPA are as follows :

• More profitable
• The use of RPA in an organization will increase the efficiency
• Used to increase interoperability

54. Name the frameworks with which you are familiar in software automation testing?

Ans:

The frameworks are as follows :

• Keyword-driven framework
• Data-driven framework
• Hybrid automation framework
• Modular automation framework

55. What are the factors we need to consider to map the success of automation testing?

Ans:

There are only two factors, and they are :

• Defect detection ratio
• Reduction in cost of various modules.

56. What are the industrial applications of RPA?

Ans:

The industrial applications of RPA are as follows :

• HR- payroll automation, candidate sourcing
• Telecommunication- managing customer data, fraud management
• Banking- In Loan processing
• Retail- managing fake accounts and updation of orders

57. What is Screen Scraping in RPA?

Ans:

Screen scraping is an essential component of RPA that is used to capture bitmap data mainly from the screen and clearly verifies with the existing information to decode it.

58. What are the components of RPA architecture?

Ans:

The following are the components of RPA :

• Recorders
• Control center
• Bot runner
• Development studio
• Extension/plugins

59. Define Citrix automation?

Ans:

The Citrix automation process is mainly used to automate tasks such as filling fields and also submitting the forms in the virtual desktop applications. Moreover, we can process the data entry form filling using Citrix automation.

60. Is blue prism a tool of RPA?

Ans:

Yes, blue prism is one of the most popular RPA tools.

61. What kind of support do you need to provide while handling the process or operation based on RPA?

Ans:

The support we need to provide while handling the process or operation depends entirely on the skills that we actually require for a task or project to perform. It is not necessary that in all cases the tasks are performed using similar RPA skills.

62. How can we say that RPA is wide-range automation in a true sense?

Ans:

Well, in fact, the RPA always makes sure to provide error-free data and it is used in most of the sectors such as insurance, communication, healthcare, and telecom. By performing the transaction process effectively, it becomes easy for the users to simply automate programs with high complexity.

63. Suppose if the organization infrastructure is not aligned with RPA, what do we need to do then?

Ans:

The robotic Automation Process does not have any issues regarding compatibility, so it can be simply adjusted in the existing organization phase. RPA can be easily modified and is flexible enough to align with the organization’s infrastructure.

64. Which type of RPA tool will support an open platform for automation?

Ans:

UiPath is one of the RPA tools to support an open platform for automation.

65. What is the future scope for RPA?

Ans:

The growth of RPA in the future will be relatively high, and it is going to replace the data entry jobs with automated techniques and tools. Moreover, in the future, RPA will be highly anticipated mainly for the future of IT advancements.

66. Explain how RPA works

Ans:

Robotic process automation includes four core stages :

• Planning – In this stage, the processes to be automated are defined, which includes identifying test objects, finalizing the implementation approach, and defining a clear roadmap for the RPA implementation.
• Design and development – In this stage, you start developing the automation workflows according to the established plan.
• Deployment and testing – This stage typically includes the execution of bots. Any unexpected outages will be handled during the deployment. To ensure accurate functioning, testing these bots for bugs and errors is crucial.
• Support and maintenance – Providing constant support helps to better identify and rectify errors.

67. What is the difference between traditional automation and RPA?

Ans:

Traditional automation leverages application programming interfaces (APIs. and other tools to integrate different systems. The developer must have a good understanding of the target system.

On the other hand, robotic process automation mimics the actions of a user at the user interface (UI. level. As long as the bot can follow the steps, the developer doesn’t need to worry about the underlying complexities.

68. how many types are in RPA?

Ans:

There are three types are in RPA :

1. Unattended RPA

2. Attended RPA

3. Hybrid RPA.

69. what is Unattended/Autonomous RPA

Ans:

Ideal for reducing work like completing data processing tasks in the background. They don’t require any human intervention. These bots can be launched using :

• Specified intervals
• Bot-initiated
• Data input

70. what is Attended RPA?

Ans:

These bots live on the user’s machine and are triggered by the user. They can be launched :

• When embedded on an employee’s device
• Automatically based on predefined conditions
• Leveraging an RPA client tool

71. Hybrid RPA ?

Ans:

This is a combination of attended and autonomous bots. These bots address front- and back-office tasks in the enterprise

72. How is exception handling done in UiPath?

Ans:

Exception handling is one of the error-handling methods in UiPath. The error-handling activity offers four options :

• Rethrow – By using this activity, the robot throws an exception that was caught previously while executing the workflow. For this activity, we don’t need to provide any specified message.
• Terminate Workflow – This is a mechanism where you ask the robot to terminate activities. This activity is mostly used when there is no data to process. To use it, you may need to provide the exception message so the bot can log in the error log file. It can then be referred by the developer/business to get more details about the run.
• Throw – A mechanism wherein if a bot fails to execute the mentioned activity, it throws an error with a specified error message to help us understand where the bot failed.
• Try Catch – This activity has three parts. The Try block executes, and if there were any errors, they would be caught in the “Catch” Section. After executing the Try block, the robot will execute the “Finally” block in any condition.

73. What are breakpoints in UiPath?

Ans:

Breakpoints are used to intentionally pause the debugging process on an activity that may trigger execution issues.

You can place and modify a breakpoint on any activity as follows :

• From the context menu, right-click an activity and select Toggle Breakpoint
• By selecting the activity and clicking the Breakpoints button on the Debug tab
• By pressing F9 while the desired activity is selected

74. What is a macro-recorder?

Ans:

A macro-recorder enables you to record mouse and keyboard activities to generate automation scripts. The activities are arranged based on the sequence of actions being performed on the screen. This sequence is saved in your workflow, which you can use later to play back the recorded actions.

75. What user events is UiPath? Mention a few.

Ans:

User events in UiPath specify the actions performed when certain events occur.

• On Click Element – Monitors click events on a specified UI element. The mouse button (left, right, middle. is used for the click action. By default, the left mouse button is selected
• On Keypress Element – Monitors keyboard events on a specified UI element. Special keys are also supported, and you can select them from the activity drop-down list. This field supports only strings and string variables
• On Click Image – Monitors the image defined by the target UI element for mouse input
• Monitor Mouse – Monitors a specified mouse-key combination in a system-wide event

76. What are the different activities performed by UiPath?

Ans:

1. Core activities: For all of the automation processes

2. Cognitive activities: For any language translations

3. Terminal activities: For retrieving data from the terminal

4. Web activities: For performing SOAP and HTTP requests to any web APIs

5. Salesforce activities: Makes provisions for automating salesforce activities

6. Testing activities: The package allows you to easily test the systems

7. Python activities: For invoking Python scripts and methods

8. Word activities: For automating activities in MS Word

9. Credential activities: For enabling the addition and deletion of credentials

10. Database activities: For executing queries, transactions, etc.

11. Excel activities: Facilitates the automation of MS Excel tasks

12. Intelligent OCR activities: For digitization and scraping

13. Mail activities: For working with IMAP, POP3, SMTP, Outlook, etc.

14. PDF activities: For data extraction from PDF files

15. FTP activities: For performing functions in the FTP server

77. What does the control room in Automation Anywhere do?

Ans:

The control room is a web-based platform that controls Automation Anywhere. The control room deals with :

• User management
• Source control: The code for the bots is managed by the control room
• Dashboard: It gives complete analytics and performance of Automation Anywhere bots
• License Management: Ensures that the licenses purchased for Automation Anywhere are configured in the Control Room

There are two types of Licenses in Automation Anywhere :

• Dev License: Allows you to create, edit, and run a bot.
• Run License: The user can only run the bot and cannot make any changes.

78. What is a bot runner?

Ans:

The bot runner is the machine where you run the bot, and you could have multiple bots running in parallel. You only need the Run License to run the bots. The bots report back the execution status (logs/pass/fail. back to the control room.

79. What are task bots, medabots, and IQ bots?

Ans:

• Task Bots – These bots automate a rule-based, repetitive task, in areas like document administration, HR, claims management, IT services, and more.
• Meta Bots – These bots are the automation building blocks. They’re designed in such a way that with application updates or changes you need to make minimal edits to the bot.
• IQ Bots – These are advanced tools. They can learn on their own and perform a task accordingly. IQ Bots offer automation using highly advanced cognitive technology.

80. Is robotic automation similar to screen scraping or macros?

Ans:

Screen scraping is done by applications to capture the screen. Depending on the information captured, you proceed towards processing it.

Robotic process automation is much more capable and robust and can integrate with Windows applications, Java applications, or web applications. RPA does incorporate screen scraping when dealing with automating mainframes, but that’s just a part of it—it does not govern RPA in any way.

81. What provides instructions to the robot?

Ans:

a. Process recorder

b. Robot Controller

c. Developer Tools

82. What is the topmost layer in the layered design of RPA?

Ans:

• Process
• Subprocess
• Atoms
• Component layer

83. What publishes data to the master repository?

Ans:

• Process Recorder
• Process Developers
• Robot Controller

84. What is the validation process in banking?

Ans:

The validation process is essentially an independent review of the logical and conceptual soundness of the model. This involves scrutinizing the methodology and mathematical calculations that are built into the program. The cost of validation need not be incurred by the bank.

85. Which type of recording is best suited for automation in local machines?

Ans:

Desktop recording :

• Screen recording
• Basic recording
• Citrix recording

86. Which of the following is not an error handling method?

Ans:

• Breakpoints
• Rethrow
• Try
• Catch
• Execute

87. Individual screen components are handled by?

Ans:

• Presentation layer
• Component layer
• Atoms

88.What is the use of NICE Supervision?

Ans:

With the help of NICE Supervision, if there is any failure within the application then the alarms are generated to acknowledge the same.

89. What does RPA enable?

Ans:

• Cost-based reduction
• 24/7 operability
• Reduces delivery risk
• All of the options

90. What are the business benefits of RPA?

Ans:

• Improved accuracy
• Improved employee morale
• All of the above

91. Which of the following is not an RPA tool?

Ans:

• Blue prism
• Blackline
• ThoughtSpot
• Automation Anywhere

92. RPA tools with thinking and decision-making capabilities are known as _________ RPA.

Ans:

a.Autonomous

b.Cognitive

c.AI-assisted

d.Unassisted

93. How can we use keyboard shortcuts during the automation process?

Ans:

• Use Send Hotkey activity
• Manual attempt
• Using different activity to acquire end result
• Select item activity

94. Which of the following options is used to stop a running process?

Ans:

• Kill
• End
• Stop
• Run

95. Why do we use Try Catch Activity?

Ans:

• For better efficiency
• For code readability
• To get fewer errors
• To perform a set of actions in case errors occur

96. What is suspicious activity monitoring ( Sam ) in Nice Actimize?

Ans:

Actimize Interview Questions # 14. What is Suspicious Activity Monitoring (SAM. in Nice Actimize? Suspicious Activity Monitoring (SAM. solution offers end-to-end coverage for detection, scoring, alerting, workflow processing, and reporting of suspicious activity to make sure nothing slips through the cracks.

97. Is it good to have experience in Actimize?

Ans:

Having experience in Actimize is very helpful in giving preference to you. There are a number of positions available across all the locations. Wisdomjobs focus on providing interview questions and answers to help you in clearing the interview with ease.

98. What do you need to know about Actimize CDD?

Ans:

The Actimize CDD Suite can integrate elements of an overall AML program allowing you to rest assured that their understanding of their customers is always up-to-date.

99. What is model validation in a Nice Actimize interview?

Ans:

In Nice Actimize model validation is a set of instructions or defined workflow which actually double checks whether the entire system is functioning as it is supposed to be.

100. What is model verification?

Ans:

A Model Verification is an independent third-party verification of model portfolios performance results and may include any of the below.

Examples : Model Performance: Investment results of a “model” portfolio where the portfolio does not include any actual assets under management.