So VR has now arrived in the financial sector. The online bank Swissquote in Western Switzerland is the first European financial institution to launch a virtual reality application for trading. The app has been available to iPhone users in the app store since yesterday, and the version for Android smartphones will follow later.
The test of Finews describes how the whole thing works. With a 360° perspective, you can see the stock market and currency prices as well as other information in real time. If you look up, you can see a starry sky. A little romance can't hurt the financial sector.
The VR glasses can also be used for trading. The control works via a short glance. When the user looks at the desired share, a window appears in which he can buy or sell the share. Using the so-called fast-trade technology, trades can be executed more quickly than before, writes Inside-IT. Da gewisse Kriterien – wie etwa der standardmässig 5’000 Franken Investitionsbetrag – vorkonfiguriert seien, müsse man nach Auswahl eines Titels nur noch mit den Augen auf „Kaufen“ klicken und bestätigen. Dies bemängelt Finews: Wer einen anderen Betrag handeln will, muss sich ins E-Banking von Swissquote einloggen und die Kontraktgrösse anpassen. Diese gilt dann auch für künftige Trades.
Also the View has tested the app and says that it is a nice toy, but nothing more. Transactions take too long, although the process has been simplified. The VR app will certainly not replace the computer.
But with the VR premiere, Swissquote definitely has a strong media presence and something new for customers to try out and marvel at.
Source: Finews, Inside-IT, Blick