You know, it makes sense: an app for the one percent, tailor-made for a $1,500 headset. Fidelity's Market Monitor app for Google Glass might just be the most impressive program to debut for the device, particularly considering the class of individual who would take advantage. In the trading world, missing an alert or notification by even three seconds could be the difference between million and millions, with this app enabling Fidelity customers to request real-time stock quotes and receive alerts dealing with companies in their portfolio. In a concept video describing what's possible (embedded just after the break), we even see a wearer snap a photo of a Google logo, and the app translates the photo into a stock quote for GOOG.
We're guessing that it's only a matter of time before every other financial institution follows suit, which will likely lead to each and every CNBC anchor wearing a set whilst on air. Also, we're hearing from a "reliable source" that both Michael Douglas and Shia LaBeouf will be joined by Arnold Schwarzenegger in Wall Street: Glass on Glass on Glass.
Fidelity Previews the First Investing Glassware Widely Available for Google Glass(TM)
Fidelity Labs Explores Prototype, Producing Concept Video; Creates Community Website for Innovative Technologies
BOSTON, Aug 12, 2013 (BUSINESS WIRE) -- Fidelity Labs(SM), a part of the Fidelity Center for Applied Technology, Fidelity's unit focused on innovation, today launched a preview of the Fidelity(R) Market Monitor for Glass, the first investing Glassware widely available for Google Glass.(1)
Glass is a tiny computer packed into a lightweight frame that rests just above the eyes. Glass and the Glassware that runs on it make exploring and accessing information on-the-go faster and easier. Glass also enables a range of voice-enabled, hands-free online computing activities. Fidelity is participating in Google's developer program, which gives select companies and individuals early access to Glass.
Those who preview the Fidelity Market Monitor for Glass can view a hands-free display of quotes from major U.S. stock indexes(2) at market close. They can then go to Fidelitylabs.com to offer their perspective and feedback on this concept, helping Fidelity refine future applications of wearable computing technology.
"Our leading hubs of innovation, Fidelity Labs and the Fidelity Center for Applied Technology, have long served as a resource of technological expertise for our company as we seek to deliver innovative services that may make our customers' financial lives easier," said Sean Belka, senior vice president and director of the Fidelity Center for Applied Technology. "We encourage investors to join with us and offer their insights and feedback on emerging technologies, such as the Fidelity Market Monitor for Glass, our first step in exploring the potential of wearable computing."
Blog Post and Concept Video
Fidelity Labs has published a blog post and short concept video on FidelityLabs.com, looking at how investors may use Glass in the future. In the video, an investor wearing Glass uses voice commands to access a Fidelity(R) account, view market news and information, and obtain up-to-the-minute stock quotes using visual cues in the investor's line of sight, such as a company logo.
Fidelitylabs.com: A New Social Website for Investors
Today, Fidelity Labs also announced the launch of Fidelitylabs.com, a website and online community that highlights the work Fidelity Labs does with emerging technologies, and encourages visitors to engage in conversation about new financial services products and technologies. The site also features Fidelity experts discussing how technology continues to re-shape the world of investing.
-- Provide feedback on products and technology
-- Interact with Fidelity Labs experts
Fidelity Labs Blog:
-- Offers our perspective on new technologies and innovation
-- Enables readers to offer comments
-- Highlights the latest experimental products
-- Enables users to share those products with others on Twitter and Facebook
-- Provides users the opportunity to rate and review products
"FidelityLabs.com and Google Glass are two of the most recent examples of our longstanding commitment to technological innovation," said Hadley Stern, vice president, Fidelity Labs. "Some of the ideas we explore are aspirational and may still be years away from every day use. Others may be just around the corner. What we do know is that the time to explore is now. Today's emerging technologies, as they evolve, will ultimately shape the future of investing."
About Fidelity Labs
Fidelity Labs was established in 2005 to work in coordination with the Fidelity Center for Applied Technology (est. 1999), Fidelity's center for innovation, to explore emerging technologies and evaluate new innovative concepts to learn how they may benefit investors. Fidelity Labs works with a number of Fidelity business units and also launches its own products. Examples of current Fidelity offerings that began as experimental offerings in Fidelity Labs include Fidelity's presence on Facebook and Twitter, many of Fidelity Investments' mobile apps among others. For more information on Fidelity Labs, visit www.fidelitylabs.com.
About Fidelity Investments
Fidelity Investments is one of the world's largest providers of financial services, with assets under administration of $4.2 trillion, including managed assets of $1.8 trillion, as of June 30, 2013. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.
Investing involves risk, including risk of loss. The value of your investment will fluctuate over time and you may gain or lose money.
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