Today, Augmented Reality (AR) technology is not actively used however it supports the dynamics of global financial systems. Augmented Reality Stock Exchange option is a very close future.
Citi group has sponsored and developed a Holographic Workstation for Financial Trading. Seattle Company 8ninths designed and developed the application. They got one of the first HoloLens by Microsoft where they were able to code on. Citi gave the data and all the details to develop. This helped to refine the tools and applications its traders currently use. If used by masses, consequently it will have many benefits that we don’t have today.
In the YouTube demo, Citi trader “Jason” checks his news on the traditional 2D monitors in his workstations. He then puts on his HoloLens and activates his, 3 tiered holographic 3D trading tools workstation.The trader then quickly assesses what’s happening in the market right now. He sees a cluster of activity in a specific field or high volume of trading. As a result the trader pulls up volume trends in the energy sector. Finally, he calls his client “Dan” who is at a remote destination. Moreover, Jason uses his voice activated system and AR phone directory to call “Dan”.
In this context, AR assists trading and data analysis. Finally, the Augmented Reality Stock platforms empower traders and investors. They become capable of monitoring and visualizing financial markets in depth. With an AR assisted user interface, users are no longer restricted by the physical size of a computer , mobile or tablet screen.
Smart AR glasses displays advanced holographic representations of financial data and feeds. This information is overlaid on the real-world view of the user’s desk. Therefore, AR enables users to simultaneously operate a laptop or smartphone, or speak with a colleague in the room at the same time as a virtual partner as well.
Nonetheless, a traditional trader would have six to eight monitors. But, the CITI stock trader is no longer confined to the trading desk and could project graphs and maps the size of the room in the AR space.
“8ninths has created a business solution in the financial industry that revolutionizes the way people will interact with and best use financial data in a compelling and competitive way.”
— George Zinn —
Corporate Vice President & Treasurer, Microsoft
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