According to the IT technology provider, CiscoTelepresence system provides a simulation of a meeting by using state-of-the-art video and audio technology to create a virtual conference room.
Cisco explained that the new technology should improve efficiency across organisations as well as help teambuilding.
Marc Gordon, BoFA chief technology officer, said: âThis global Cisco TelePresence deployment will help our associates collaborate and integrate even more effectively as we deliver all of our capabilities to customers and clients worldwide.
âThis is an example of our commitment to use innovative technology to address real business opportunities.â
He added: âThe technology also will help associates better manage work-life balance by providing flexible meeting options, and in some cases reducing the need to travel
Participants from up to 48 locations can meet using the technology while it can be set up without IT support or âdialing inâ.
BoFA recently announced the addition of seven new staff members to its global corporate banking team.
By Jim Ottewill