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Question 152 - Certified Financial Services Cloud discussion

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The Compliant Data Sharing (CDS) feature lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies.

Which three things should be considered when implementing CDS in Financial Services Cloud (FSC)?

A.
To disable CDS for an object, any Participant Roles associated with that object must be deleted first.
Answers
A.
To disable CDS for an object, any Participant Roles associated with that object must be deleted first.
B.
CDS in FSC allows record owners to grant access to their records to other FSC users.
Answers
B.
CDS in FSC allows record owners to grant access to their records to other FSC users.
C.
CDS can only be applied to FSC objects and Account and Opportunity objects.
Answers
C.
CDS can only be applied to FSC objects and Account and Opportunity objects.
D.
To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.
Answers
D.
To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.
E.
Users above the record owner in the Role Hierarchy and non-record owners with Edit access granted through CDS have the same ability/access as record owners,
Answers
E.
Users above the record owner in the Role Hierarchy and non-record owners with Edit access granted through CDS have the same ability/access as record owners,
Suggested answer: B, C, D

Explanation:

Compliant Data Sharing (CDS) is a feature of Financial Services Cloud that lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies. Some of the things to consider when implementing CDS in Financial Services Cloud (FSC) are:

CDS in FSC allows record owners to grant access to their records to other FSC users.Record owners can use the Manage Participants component on record pages to share their records with other users who have relevant roles or permissions6.

CDS can only be applied to FSC objects and Account and Opportunity objects.CDS supports sharing for Account, Opportunity, Financial Account, Financial Holding, Financial Goal, Referral, Relationship Group, Action Plan Template, Action Plan, Action Item Template, Action Item, Interaction Summary, Interaction Summary Participant Role Assignment, Interaction Summary Participant Role Definition7.

To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.This ensures that only record owners and users above them in the role hierarchy have access to the records by default8.

Compliant Data Sharing

Work with Compliant Data Sharing

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asked 23/09/2024
junjie wang
36 questions
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