In recent news UBS has announced that it wants to test out new virtual reality systems for its traders. These would be used to simulate a trading floor environment including displays which incorporate real time financial data.
Its certainly an interesting concept and one which comes at a time when return to an office, especially a compliance sensitive one such as a trading floor, is quite uncertain. Something which should be kept an eye on are the new risk frontiers that an endeavour such as this present. Off the top of my head its worth considering how hackable these new systems are and whether they fully mitigate the risks of insider trading from outside an office environment.
Introduction of virtual reality into the home working environment may be the future as we communicate with each other through microphones from our own bubbles, wait, don’t we already do that?
Only time will tell.
