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What major challenge is associated with legacy technology infrastructure in investment banking, as mentioned in the text?
  • a)
    Legacy technology is too expensive to maintain.
  • b)
    Legacy technology lacks cybersecurity features.
  • c)
    Legacy technology is incompatible with real-time analytics.
  • d)
    Legacy technology is too new and unfamiliar to staff.
Correct answer is option 'C'. Can you explain this answer?
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What major challenge is associated with legacy technology infrastructu...
The text points out that a major challenge associated with legacy technology infrastructure in investment banking is its incompatibility with real-time analytics. Legacy systems are often outdated and unable to support the demands of real-time data analysis and risk management, which are crucial for modern banking operations.
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What major challenge is associated with legacy technology infrastructure in investment banking, as mentioned in the text?a)Legacy technology is too expensive to maintain.b)Legacy technology lacks cybersecurity features.c)Legacy technology is incompatible with real-time analytics.d)Legacy technology is too new and unfamiliar to staff.Correct answer is option 'C'. Can you explain this answer?
Question Description
What major challenge is associated with legacy technology infrastructure in investment banking, as mentioned in the text?a)Legacy technology is too expensive to maintain.b)Legacy technology lacks cybersecurity features.c)Legacy technology is incompatible with real-time analytics.d)Legacy technology is too new and unfamiliar to staff.Correct answer is option 'C'. 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 major challenge is associated with legacy technology infrastructure in investment banking, as mentioned in the text?a)Legacy technology is too expensive to maintain.b)Legacy technology lacks cybersecurity features.c)Legacy technology is incompatible with real-time analytics.d)Legacy technology is too new and unfamiliar to staff.Correct answer is option 'C'. 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 major challenge is associated with legacy technology infrastructure in investment banking, as mentioned in the text?a)Legacy technology is too expensive to maintain.b)Legacy technology lacks cybersecurity features.c)Legacy technology is incompatible with real-time analytics.d)Legacy technology is too new and unfamiliar to staff.Correct answer is option 'C'. Can you explain this answer?.
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