How Fidelity is Using VR to Improve Portfolio Management

Virtual reality-based services are beginning to have their moment with the pandemic continuing to wreak havoc across the globe; the Fidelity Center for Applied Technology, or FCAT, is tasked with looking three-to-five years out and determining what tech will make the biggest difference for the firm and its customers; “In virtual reality, you’ve got this interactive blank canvas that wraps 360 degrees around you,” FCAT Vice President Adam Schouela told Business Insider. “It’s a phenomenal visual experience and interactive experience.”; the effort is looking to make VR relatable enough to those who do not use it every day; the future would allow for the system to be linked to a customer’s personal account information that the VR assistant could access; “Who knows how long this — the current situation — is going to be,” Schouela said to Business Insider. “These types of environments are becoming more and more and more important.” Business Insider.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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