Animated Financial Visualization Using Graphical Characters
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Solution Overview
Problem
Traditional methods for communicating financial and resource planning concepts, such as using static charts and graphs, often lead to confusion and inefficiency, as they fail to engage audiences effectively, particularly for non-financially oriented individuals.
Innovation Solution
The CiFiCo software creates animated, personalized visual representations of financial and resource information, using graphical characters to illustrate concepts like asset accumulation, distribution, taxes, and intergenerational transfers, allowing users to control the presentation and gain insights into their financial decisions and resource management.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of manufacture
If static charts and graphs are used to present financial information, then the presentation method is simple and easy to implement, but the audience understanding and engagement deteriorate
Solution Approach 1:
The patent transforms static financial charts into dynamic animated visualizations that move and evolve over time. Financial concepts are represented as animated characters and objects that interact dynamically, allowing the audience to understand complex relationships through motion and transformation rather than static representations.
Solution Approach 2:
The patent replaces traditional mechanical/static presentation methods with computer-generated animation and visual effects. Instead of static charts, the system uses digital animation to represent financial data, enabling more effective communication of complex concepts through visual storytelling.
2Loss of information
If animated visual representations are used to present financial information, then audience understanding and engagement improve, but the complexity of the presentation system increases
Solution Approach 1:
The patent creates a universal animated visual language that can represent multiple financial concepts using the same set of characters and visual elements. Financial assets, liabilities, income, expenses, and other concepts are all represented through a consistent character-based system, allowing complex information to be conveyed through reusable visual templates rather than requiring unique complex representations for each concept.
Solution Approach 2:
The patent uses parameter changes in animation (movement, transformation, interaction) to convey financial relationships and changes over time. Rather than increasing structural complexity, the system uses temporal parameters and visual transformations to represent complex financial concepts, making the information more understandable without proportionally increasing system complexity.
3Loss of time
If traditional static methods are used for financial communication, then the communication process is quick to set up, but the effectiveness and clarity of communication deteriorate
Solution Approach 1:
The patent employs pre-defined animated character templates and visual language elements that can be quickly assembled to represent financial concepts. Rather than creating custom animations from scratch, the system uses pre-prepared visual building blocks that maintain high communication effectiveness while reducing setup time through template-based generation.
Data Source
AI summary
A system and method of presenting resource information for an entity includes receiving input data associated with the resource information of the entity, generating, by a computer, an animated representation of the resource information along one or more determined timelines employing a plurality of graphical characters based on the input data and displaying the animated representation. The creation of one simple animated visual language may reduce the mass confusion typically associated with the relation of resources including financial and other concepts, saving time and money and better educating those seeking recommendations and advice regarding resource planning, including financial planning.