UBS Considering VR Trading Rooms
UBS Group is experimenting with virtual reality headsets to simulate the trading floor, according to the Financial Times. Microsoft HoloLens headsets are being tested by the bank.
At a time when COVID cases are increasing, banks are struggling to bring their employees back into a trading environment, and are looking at alternative technology solutions.
"If people really can't come to the office, can we create a virtual presence?…We are thinking about experimenting with the tools that are out there," Beatriz Martin, head of UBS in the UK head, is cited as saying.