Episode 266: Virtual reality and the Metaverse

Waters Wavelength

This week, Steve Moreton, global head of product management at CJC joins Tony on the podcast to explain why firms should start experimenting with virtual reality now, because VR’s capital markets adoption is not a question of if, but when. (Actually, it’s already here.) To view Moreton’s Metaverse presentation at FISD Netherlands from earlier this year, click here. (https://www.youtube.com/watch?v=ACfLdPF0pVA&t=1135s&ab_channel=SIIA) In 2017, WatersTechnology spoke with senior executives from Citigroup and Fidelity Investments about how they’re experimenting with virtual and augmented reality. For a blast from the past, click here. (https://www.waterstechnology.com/front-office-tech/2480705/the-reality-of-virtual-reality-vrs-future-in-financial-services) 6:00 – Steve Moreton joins the podcast and gives an overview of what CJC does and his different roles there. 8:30 – He walks through how VR is the next evolution of communication. 13:00 – How do avatars feel like a real-world experience? 14:00 – These headsets still have limitations, but AI and deep learning techniques will be a game-changer. 18:00 – What is the value proposition for these next iteration headsets? 23:00 – What should managers think about looking at the future of communications and workstation interfaces? 26:00 – Do the 100 hours in VR. 28:30 – A face-to-face meeting is still the ultimate. 31:30 – It’s all about meeting customers where they are.