Converging-Distance Graphic Interface for Financial Goal Visualization
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Solution Overview
Problem
Existing financial planning systems lack intuitive and effective methods for visualizing complex financial goals over long periods, making it difficult for users to understand and manage their progress and timing of multiple goals simultaneously.
Innovation Solution
A system utilizing a converging-distance graphic interface that represents financial goals as two-dimensional polygons with areas proportional to their value, ordered by time, allowing users to intuitively see progress and timing through a graphical representation that simulates a pathway towards financial benchmarks, with additional tools for data processing and user interaction.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional financial planning interfaces are used, then users can access financial planning capabilities, but users cannot intuitively understand and manage multiple financial goals and their progress over time
Solution Approach 1:
The patent transforms financial goal data from traditional tabular or linear representations into a two-dimensional graphical interface where goals are displayed as polygons positioned in space. The spatial arrangement encodes multiple dimensions of information simultaneously: horizontal position represents time, vertical position represents goal value or progress, and polygon size represents another dimension of financial magnitude. This dimensional transformation allows users to intuitively perceive complex financial relationships that would be difficult to understand in traditional formats.
Solution Approach 2:
The patent employs color coding to represent different aspects of financial goals and their status. Different colors indicate various goal types, progress levels, or timeframes, allowing users to quickly distinguish between multiple goals and their respective states. This visual encoding enhances the intuitiveness of the interface by providing immediate visual feedback about financial progress and timing without requiring users to interpret numerical data.
2Loss of information
If detailed financial data is presented in traditional formats, then complete information is provided, but users cannot easily compare and manage multiple goals simultaneously
Solution Approach 1:
The patent divides complex financial goal information into discrete visual segments represented as individual polygons in the graphical interface. Each polygon encapsulates specific goal attributes (time, value, progress) as a distinct visual unit. This segmentation allows users to perceive and manage multiple goals simultaneously by comparing the spatial arrangement and visual characteristics of individual polygons, rather than attempting to process large tables of numerical data. The segmentation maintains information completeness while reducing interface complexity through visual organization.
3Duration of action of stationary object
If financial goals are tracked over long periods, then comprehensive long-term planning is achieved, but users cannot intuitively grasp timing and progress of multiple goals
Solution Approach 1:
The patent maps the time dimension of long-term financial planning onto the horizontal axis of a two-dimensional graphical interface. Financial goals spanning different time horizons are positioned along this temporal axis, with their horizontal coordinates reflecting their respective timeframes. This spatial representation of time allows users to intuitively grasp the timing and sequencing of multiple goals over long periods, transforming abstract temporal relationships into visible spatial arrangements that enhance computational intuitiveness.
Data Source
AI summary
The disclosure extends to methods, systems, and computer program products for producing financial goal planning having two dimensional and three dimensional graphical representations for financial goals.