Securities Limited is a financial institution that handles voluminous sensitive data of its clients, such as personal information and records of…
CA Final · Financial Reporting · PYQS · May 2025
Securities Limited is a financial institution that handles voluminous sensitive data of its clients, such as personal information and records of their financial transactions. At times it is also required by various regulatory bodies to share its clients' data with them. Traditionally it involves reviewing the transactions and extracting data from various sources which is time consuming. Securities Limited wants to ensure secure and transparent storage of its financial data, enhance data privacy and maintain the trust of its stakeholders. Which technology would be most suitable for Securities Limited to achieve the above?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
Blockchain
Topics: Ind AS 110
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