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What is the main advantage of embracing the new digital ecosystem for investment banks, as mentioned in the text?
  • a)
    Reduced competition from smaller fintech companies.
  • b)
    Faster software deployments and small releases.
  • c)
    Lower regulatory thresholds for large organizations.
  • d)
    Increased reliance on legacy technology.
Correct answer is option 'B'. Can you explain this answer?
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What is the main advantage of embracing the new digital ecosystem for ...
According to the text, embracing the new digital ecosystem provides investment banks with the main advantage of achieving faster software deployments and small releases. This advantage is crucial for staying competitive in the market, as it allows banks to rapidly innovate and provide customers with efficient digital solutions. Legacy technology and processes often lead to delayed software deployments, which can hinder a bank's ability to adapt to changing customer needs and market dynamics.
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What is the main advantage of embracing the new digital ecosystem for investment banks, as mentioned in the text?a)Reduced competition from smaller fintech companies.b)Faster software deployments and small releases.c)Lower regulatory thresholds for large organizations.d)Increased reliance on legacy technology.Correct answer is option 'B'. Can you explain this answer?
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What is the main advantage of embracing the new digital ecosystem for investment banks, as mentioned in the text?a)Reduced competition from smaller fintech companies.b)Faster software deployments and small releases.c)Lower regulatory thresholds for large organizations.d)Increased reliance on legacy technology.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main advantage of embracing the new digital ecosystem for investment banks, as mentioned in the text?a)Reduced competition from smaller fintech companies.b)Faster software deployments and small releases.c)Lower regulatory thresholds for large organizations.d)Increased reliance on legacy technology.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main advantage of embracing the new digital ecosystem for investment banks, as mentioned in the text?a)Reduced competition from smaller fintech companies.b)Faster software deployments and small releases.c)Lower regulatory thresholds for large organizations.d)Increased reliance on legacy technology.Correct answer is option 'B'. Can you explain this answer?.
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