As one of seven companies chosen for the Microsoft HoloLens Agency Readiness Program, virtual reality development business 8ninths has developed a prototype of its ‘Holographic Workstation’ solution, which it has designed and engineered for global banking organisation Citi.
According to 8ninths, the Holographic Workstation increases efficiency by using the Microsoft HoloLens platform to create 3D holograms of real-time financial data. A three-tiered system of dynamically updated and interactive information enables traders to view, process, and interact with large amounts of abstract data in a combined 3D and 2D environment. The physical workstation integrates tablet screen space, 3D holographic docking space, keyboard, mouse, gaze, gesture, voice input, and existing Citi devices and workflows.
“Partnering with Citi was a great opportunity for us to think outside the box to solve real world business problems by combining our expertise in data visualisation, collaboration, annotation, and mixed reality development in a truly innovative and groundbreaking way,” said Adam Sheppard, co-founder and CEO at 8ninths. “The outcome really evolves the workstation paradigm in a way that we think will be indicative of how information workers across multiple industries will interact with computers in the years ahead. We’re excited about partnering with companies across all verticals to provide innovative MR solutions that enhance their businesses.”
“8ninths has created a business solution in the financial industry that revolutionises the way people will interact with and best use financial data in a compelling and competitive way,” said George Zinn, corporate vice president and treasurer at Microsoft.
“We are excited to partner with Microsoft, 8ninths, and Citi Ventures on this exploration of 3D visualisation and mixed reality to enrich traders’ user experience,” said Stuart Riley, global head of technology for markets and securities services at Citi. “Our Markets Lab in Tel Aviv sees great potential for this technology to enhance and humanise the next-generation markets trading working environment at Citi.”
The process of developing a holographic trading workstation began with 8ninths partnering with Citi to understand the current workflows traders use, and the real-world problems these systems create. 8ninths identified a core set of problems stemming from the traders use of large amounts of raw data in 2D format that limited collaboration between traders, as well as how the traders accessed, interacted with, and processed the data. 8ninths then developed their own design patterns and language to explore how Microsoft HoloLens could be used to evolve 2D data into a 3D, holographic experience in a way that would address current workflow and data problems in an all new, real-world application.
“Once we defined the problems, we were really excited to see how we could design a new way for people to better visualise, interact with, and gain insights through a holographic experience. We were in uncharted territory, and that’s a space we thrive in – applying our knowledge, the newest technology, and real world problems to engineer something truly innovative and beneficial to our partners,” said Heather Raikes, creative director at 8ninths.
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