Banking via Virtual Reality
Swissquote Bank AG has unveiled a new trading app designed specifically for virtual reality (VR) glasses. This gives the user access to financial information in real time.
The VR glasses provide information on the SMI, currencies and other important key figures in a 360-degree perspective. (Image: swissquote)
Using the virtual reality glasses, users can see information such as the SMI, currency pairs and important key figures in 360-degree perspective; they can take a closer look at securities by selecting them with their eyes. With the help of the Trading VR app, the user can carry out all the activities for which he otherwise uses the Swissquote app using VR glasses and "customise" them according to his needs.
A concept with a future?
If the user is a Swissquote client, thanks to Fast Trade technology, they can access their profile, check their account balance and execute an order using eye tracking. This technology makes it much quicker and easier to execute a trade, as certain criteria are pre-configured, such as the investment amount. This amount is CHF 5,000 by default. Once a stock has been selected, there are two more steps to complete a trade: One must click on "Buy" with the eyes and confirm.
Paolo Buzzi, CTO of Swissquote: "Our trademark is to always be at the cutting edge of technology. The trading VR app is a testament to our innovative strength. VR glasses have not yet reached the masses. Nevertheless, it is important for us to learn about this environment, because it allows us to improve our apps on other devices. A new development in one area usually leads to innovations in other areas. The Fast Trade tool, which was originally developed for VR glasses, will be used in our app for the Apple Watch and in the Swissquote apps for smartphones in the next step."
Owners of VR glasses will soon be able to use the service via iPhone and Android devices. Find out more about the Swissquote app here
