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What technology innovation is mentioned in the text that could help investment banks reduce infrastructure costs and compliance expenses significantly?
  • a)
    Distributed grid compute.
  • b)
    Legacy technology.
  • c)
    Client portals.
  • d)
    Blockchain technology.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What technology innovation is mentioned in the text that could help in...
The text discusses blockchain technology as an innovation that could significantly reduce infrastructure costs and compliance expenses for investment banks. Blockchain technology provides a distributed and secure record-keeping system that eliminates the need for data reconciliation and simplifies auditing. It has the potential to streamline compliance processes and reduce costs associated with compliance.
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What technology innovation is mentioned in the text that could help investment banks reduce infrastructure costs and compliance expenses significantly?a)Distributed grid compute.b)Legacy technology.c)Client portals.d)Blockchain technology.Correct answer is option 'D'. Can you explain this answer?
Question Description
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