Monarch Exercise 37 - Federal Reserve Board, Summary Statement of Acct

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Baba Majekodunmi_21447
Baba Majekodunmi_21447
Altair Employee
edited March 20 in Altair RapidMiner

Exercise Info

  • Application (Classic vs Data Prep Studio): Classic or Data Prep Studio
  • Level of Difficulty (Beginner, Intermediate, Advanced): Beginner
  • Skills/Features Tested:  Templates (Detail,Append) & Summary
  • Systems of Record: Not Applicable
  • Estimated Time to Solve: 15 mins
  • Exercise files required are attached Below;
    • ADPB501U - Federal Reserve Statement of Account Sample.txt
    • ADPB501U - FRB ACH Detail of Own Activity.dmod (witihn Zip file)

Exercise Overview

You are an Accountant at a Financial institution your manager has asked you to perform the following task based on the Federal Reserve Summary Statement of Account:

  1. Create a model to capture data from the 'Detail OF OWN ACTIVITY' section within the report, and create a summary for the total activity for all the 'SAME DAY' Activity (originated, and received). What is the total debit and credit?

Answer

  • Please upload your answers below in the comment section for the exercise
  • A Video Answer to the question will be published within 7-10 days on the Monarch Succcess Plan page in the 'Monarch Exercises' section.
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