Please reference 4a. You work with an accounting firm in their information and analytics department. Your corporation is considering moving from on-premises systems to cloud-based services. Advise management on the types of cloud computing options available to them.

[30 marks]

4b. Just like many aspects of the financial market, financial technology is disrupting the capital market. Discuss five ways financial technology is disrupting the capital markets. In each case identify the specific enabler that is leading this disruption.