Touchpad corner utility?

I recently got a Toshiba L755. With the exception of the dreadfully low PPI screen everything about Toshiba is awesome. The ease of use of the computer and the very nicely spaced keyboard reminded me of my very first laptop, also a Toshiba Satellite. It was my favorite laptop and very quick and efficient.

One of the reasons it was quick and efficient was that it had this function with the touchpad in which putting a finger along one of the corners would bring up a small menu where you can go select the application you want to to open or close. It made things so much easier for me as I value speed and efficiency over all when on the computer I want to open, close, switch, scroll, and flip through windows at a lightning pace. Unfortunately, this function is not found in my current laptop. The only thing it has that comes close is this "three finger" thing where leaving three fingers on the touchpad lets me open an application of my choice. That's it. Doesn't even close it.

So my question is this: What happened to this nifty feature? And is there a way I can incorporate it into my current Toshiba laptop?