IDBI Capital rolls out Apple watch voice and touch-based trading

Information technology (IT) services firm Tata Consultancy Services today said that its flagship product TCS BaNCS has been deployed  again by IDBI Capital Markets and Securities to incorporate seamless trading on the Apple watch. 

In the recent past, IDBI’s digital transformation strategy has enabled its retail investors, usage of TCS BaNCS web and mobile channels for trading. This new wearable channel has been added on Apple watch to extend the touch and voice based trading and deepen the digital experience, a joint statement by the two companies said.

Usability and personalisation have been key drivers for growth in the mobile trading space and market players are looking for ways to improve convenience and stay relevant to their customers. 

From a retail customer’s standpoint, both the paucity of time and rise in multi-tasking created the need for financial transactions to be executed in a more contactless manner moving beyond a basic smartphone app. 

“Wearable technology is bringing real time access and ability to trade to a new level,” said  Nagaraj Garla, MD and CEO of IDBI Capital Markets and Securities Limited. 

"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,” Garla said.