Wells Fargo Bank, N.A. (20240233029). MEASURING RISK TOLERANCE USING VIRTUAL OR AUGMENTED REALITY VIEW OF SIMULATED OUTCOME simplified abstract
Contents
MEASURING RISK TOLERANCE USING VIRTUAL OR AUGMENTED REALITY VIEW OF SIMULATED OUTCOME
Organization Name
Inventor(s)
Joshua T. Demetry of Menomonee Falls WI (US)
Brian J. Jacobsen of Elm Grove WI (US)
Shane C. Martwick of Wauwatosa WI (US)
Patrick E. Mcguinnis of San Francisco CA (US)
Carolyn A. Wilary of Pewaukee WI (US)
MEASURING RISK TOLERANCE USING VIRTUAL OR AUGMENTED REALITY VIEW OF SIMULATED OUTCOME - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240233029 titled 'MEASURING RISK TOLERANCE USING VIRTUAL OR AUGMENTED REALITY VIEW OF SIMULATED OUTCOME
The abstract describes a computing system that simulates investment outcomes, displays augmented reality or virtual reality depictions of these outcomes, evaluates user reactions, generates user reaction scores, and calculates overall scores for each investment outcome based on user reactions and investment data.
- Simulates investment outcomes
- Displays augmented reality or virtual reality depictions of outcomes
- Evaluates user reactions to the depictions
- Generates user reaction scores
- Calculates overall scores for investment outcomes based on user reactions and investment data
Potential Applications: This technology could be used in financial services for investment analysis and decision-making. It could also be applied in educational settings to teach investment concepts in a more engaging manner.
Problems Solved: This technology addresses the need for more interactive and immersive ways to understand and evaluate investment outcomes. It also helps in capturing user reactions in a more detailed and quantitative manner.
Benefits: The benefits of this technology include improved user engagement, better understanding of investment outcomes, and more informed decision-making in the investment process.
Commercial Applications: Title: Augmented Reality Investment Analysis System This technology could be commercially used by financial institutions, investment firms, and educational institutions to enhance investment analysis and decision-making processes. It could also be marketed to individual investors looking for innovative tools to evaluate investment opportunities.
Prior Art: Potential areas to search for prior art related to this technology include patents in the fields of virtual reality, augmented reality, investment analysis, and user experience evaluation.
Frequently Updated Research: Stay updated on advancements in virtual reality technology, user experience evaluation methods, and investment analysis techniques to enhance the capabilities of this technology.
Questions about Augmented Reality Investment Analysis System: 1. How does this technology improve user engagement in investment analysis? 2. What are the potential limitations of using augmented reality in investment decision-making processes?
Original Abstract Submitted
one embodiment relates to a computing system. the computing system includes a processing circuit. the processing circuit is configured to simulate a plurality of investment outcomes, display at least one augmented reality or virtual reality depiction of at least one of the plurality of investment outcomes via a display device, determine a reaction of a user to the displayed augmented reality or virtual reality depiction, generate a user reaction score based on the reaction of the user, and generate an overall score for each of the plurality of investment outcomes by weighing the user reaction score and investment outcome.
