VR Financial Risk Analysis via Asset Video Overlay
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Solution Overview
Problem
Current virtual reality applications lack a contextually rich environment for analyzing financial risk in instruments dependent on properties and other large fixed-type assets, failing to provide effective risk assessment.
Innovation Solution
A computer-implemented method and system that displays videos of fixed assets on a mobile display system, performs object detection to identify these assets, overlays financial data including a financial model and its assumptions, and updates the assumptions based on the asset's status to analyze financial risk.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If virtual reality simulation systems are used to provide immersive experiences, then user engagement and interaction are improved, but the application scope is limited primarily to media and entertainment
Solution Approach 1:
The patent extends virtual reality technology from entertainment to financial risk analysis, making the system multi-functional. The VR environment displays fixed assets, financial models, and risk metrics simultaneously, allowing the same immersive platform to serve both entertainment and professional financial analysis purposes
Solution Approach 2:
The system introduces an intermediary layer between the user and financial data by using virtual representations of fixed assets as mediators. These virtual assets serve as visual intermediaries that connect users to underlying financial securities and risk parameters, making complex financial information more accessible and understandable
2Loss of information
If traditional financial risk analysis methods are used, then analysis accuracy is maintained, but the contextual understanding of fixed assets is insufficient
Solution Approach 1:
The system implements a nested structure where virtual representations of fixed assets contain embedded financial models, which in turn contain risk parameters and assumptions. This nested organization allows users to access contextual information at multiple levels of detail without overwhelming system complexity, as each layer builds upon the previous one
3Measurement precision
If comprehensive financial data is displayed for each fixed asset, then risk analysis accuracy is improved, but information overload occurs
Solution Approach 1:
The system applies local quality by displaying different types and amounts of information at different locations in the virtual environment. Critical risk metrics are prominently displayed near relevant assets, while detailed financial models are available on-demand. This spatial differentiation of information quality allows comprehensive data presentation without uniform information overload across the entire interface
Data Source
AI summary
A method, system, and computer program product for analyzing financial risk of a financial security. A video is displayed by the computer system on a mobile display system. Object detection is performed on the video to identify a fixed asset in the video. The computer system identifies a financial security supported by the fixed asset identified in the video. An overlay of financial data about the financial security is displayed in association with the fixed asset in the video. The financial data includes a financial model of the financial security and an assumption of the financial model. The assumption of the financial model is updated based on a status of the fixed asset in the video. The financial risk of the financial security is analyzed based on the financial model and the assumption that was updated.