UBS Mulls VR-Based WFH Traders

UBS is reportedly exploring the option for traders to work from home through simulated experiences via virtual reality headsets.

The bank is experimenting with creating a trading floor simulation for its London-based staff, according to a report, using Microsoft’s HoloLenses.

If people really can’t come to the office, can we create a virtual presence?» said Beatriz Martin, head of U.K. at the bank. «We are thinking about experimenting with the tools that are out there.

The HoloLenses are a head-mounted unit that uses multiple censors, advanced optics and holographic processing that display information and images that can blend in with the real world.

UBS’s work-from-home efforts extend beyond just its trading operations or the European region. The Swiss bank has already launched a «UBS Workspace» platform which allows employees to have mobile-based access to any files or the information in the exact same format at any time and place.

Within Asia, 90 percent of employees are able to work from home via «UBS Workspace» with three-quarters of all staff across wealth management and investment banking already being enabled by the platform.

Must read

Behind the Buzz
Retail News Asia — Your Daily Fix of What’s Happening in Asian Retail

We’re here to keep you in the loop—every single day. Whether you’re running a small local shop, scaling an online biz, or part of a global brand making moves in Asia, we’ve got something for you.

With 50+ fresh stories a week and 13.6 million readers, Retail News Asia isn’t just another news site—it’s the go-to source for all things retail across the region.
Retail Kitchen
We respect your inbox as much as we value your time. That’s why we only send carefully curated weekly updates, packed with the most relevant news, trends, and insights from the retail industry across Asia and beyond.
Copyright © 2014 -2025 |
Redwind BV