IDBI Capital Markets and Securities is to introduce voice-based trading on the Apple Watch, enabling user to call up quotes and execute transactions with a simple vocal command.
The wholly owned subsidiary of India's IDBI Bank is to use mobile and Web applications from Tata Consultancy Services's TCS Bancs product for the new wearable channel.
“Wearable technology is bringing real time access and ability to trade to a new level” says Nagaraj Garla, MD & CEO of IDBI Capital Markets and Securities. "Our desire is to enhance convenience for our customers while taking advantage of emerging innovation in technology. TCS Bancs is delivering newer avenues to delight our customers through this secure channel”.
The application has a built-in voice based capability to capture customer commands and execute them as transactions. Investors can check quotes and review their portfolios and transaction history, all by speaking to their watch.