Fidelity Labs announced on Monday that it had created a proof of concept virtual financial planner, using software developed by Amazon.
In a demonstration on Tuesday, the virtual adviser called Cora could listen to a person’s requests to see the stock market performance of a certain company, reports news website Fortune.
Cora would then have a stock chart appear on a wall in her virtual office which could be analysed by the user.
Only the start
Adam Schouela, vice president of product management at Fidelity Labs, said Cora is unique as she can respond to voice commands.
“Consider your most recent question about your investments. Now imagine being able to ask that question of a person standing right in front of you. Well, virtually that is,” he said.
While Cora is only available to the Fidelity Lab creators, the company does plan to show it to customers to gain feedback.
Cora was created using a platform called Amazon Sumerian. The technology provides tools and resources that allow anyone to create and run virtual reality, 3D applications and Amazon web services.
Schouela said Cora was the first proof on concept created using the Sumerian platform.
“This proof of concept is a prototype. But imagine what experiences like this could mean for how you interact with your finances in the future?” Schouela said
“Virtual reality can help you imagine your savings goals. Add in a virtual coach who can answer your questions and give you the information you need to make decisions without ‘data overload’.”