Skip to main content

Financial Data Visualization in 3D on Immersive Virtual Reality Displays

A Case-Study for Data Storytelling and Information Visualization of Financial Data of Australia’s Energy Sector

  • Conference paper
  • First Online:
Enterprise Applications, Markets and Services in the Finance Industry (FinanceCom 2018)

Abstract

Within the scope of this publication, we present a design prototype for the 3D visualization of financial data of Australia’s Energy sector with a large scale immersive virtual reality environment. We review existing 3D visualization approaches in finance industry; discuss the technical setup of the prototype; explore design considerations; and approaches to make financial information understandable for everyone. We conclude with a discussion about the potential that immersive virtual environments provide to support the understanding of market events, as well as the exploration of large multidimensional data-sets.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    Available from: https://www.aemo.com.au/.

  2. 2.

    Data is available in 5-min intervals for the National Electricity Market and 30-min intervals for the South West Interconnected System.

References

  1. Bohn, N., Rabhi, F.A., Kundisch, D., Yao, L., Mutter, T.: Towards automated event studies using high frequency news and trading data. In: Rabhi, F.A., Gomber, P. (eds.) FinanceCom 2012. LNBIP, vol. 135, pp. 20–41. Springer, Heidelberg (2013). https://doi.org/10.1007/978-3-642-36219-4_2

    Chapter  Google Scholar 

  2. Rabhi, F., et al.: Large-scale news processing: concepts and challenges. http://www.academia.edu/868361/Large-Scale_News_Processing_Concepts_and_Challenges

  3. Lugmayr, A., Gossen, G.: Evaluation of methods and techniques for language based sentiment analysis for DAX30 stock exchange - a first concept of a “LUGO” sentiment indicator. In: Lugmayr, A., Risse, T., Stockleben, B., Kaario, J., Pogorelc, B., Asensio, E.S. (eds.) Proceedings of the 5th International Workshop on Semantic Ambient Media Experience (SAME) - in Conjunction with Pervasive 2012. Tampere University of Technology (TUT), Newcastle (2012)

    Google Scholar 

  4. Robertson, C.S., Rabhi, F.A., Peat, M.: A service-oriented approach towards real time financial news analysis. In: Lin, A., Foster, J., Scifleet, P. (eds.) Consumer Information Systems and Relationship Management: Design, Implementation, and Use. IGI Global, Hershey (2013)

    Google Scholar 

  5. Lugmayr, A.: Predicting the future of investor sentiment with social media in stock exchange investments: a basic framework for the DAX performance index. In: Friedrichsen, M., Muehl-Benninghaus, W. (eds.) Handbook of Social Media Management. Media Business and Innovation, pp. 565–589. Springer, Berlin Heidelberg (2013). https://doi.org/10.1007/978-3-642-28897-5_33

    Chapter  Google Scholar 

  6. Lugmayr, A., Sutinen, E., Suhonen, J., Sedano, C.I., Hlavacs, H., Montero, C.S.: Serious storytelling – a first definition and review. Multimed. Tools Appl. 76(14), 15707–15733 (2017). https://doi.org/10.1007/s11042-016-3865-5. ISSN: 1573-7721

    Article  Google Scholar 

  7. Reuters, T.: Thomson Reuters Eikon. https://financial.thomsonreuters.com/en/products/tools-applications/trading-investment-tools/eikon-trading-software.html

  8. 8ninths: Cigi Holographic Workstation. http://8ninths.com/case-study/citi-holographic-workstation/

  9. Comarch: https://www.comarch.com/finance/

  10. Comarch: Virtual reality meets financial services (Comarch at Finovate 2016). https://www.youtube.com/watch?v=kpacQAhJIVY

  11. QuantVR: Quant VR (2015). https://www.techrepublic.com/article/quantvr-wants-to-turn-stock-market-data-into-immersive-virtual-reality-experiences/

  12. In-Vizble: BLOG: videos and discussion on design and development with the HoloLens. http://www.in-vizible.com/videoblog.html, https://www.youtube.com/c/MichaelPeters-In-Vizible

  13. ScienceGL: 3D scientific visualization for stock market analytics. new tools for stock market trading (2013). http://www.sciencegl.com/help_stock/stock_market_3d.html

  14. FidelityLabs: Fidelity Labs: StockCity for Oculus Rift (2014). https://www.youtube.com/watch?v=YQ2-8_2Vwpw

  15. Salesforce: VRpportunity. https://github.com/CodeScience/VRpportunity

  16. Bloomberg: Bloomberg Terminal. https://www.bloomberg.com/professional/solution/bloomberg-terminal/

  17. Seward, Z.: Virtual reality headset oculus rift meets the Bloomberg terminal. https://qz.com/218129/virtual-reality-headset-oculus-rift-meets-the-bloomberg-terminal/

  18. dxFeed: dxFeed Market Data - VR/AR (2017). http://www.dxfeed.com/vrar

  19. Labs, nirvaniq: https://nirvaniq.com/

  20. Looker: https://looker.com/solutions/fintech

  21. Unity: https://unity3d.com/

  22. Lynch, K.: The Image of the City. MIT Press, Cambridge (1960)

    Google Scholar 

  23. Sylvester, B.: The visualization of financial data: a review of information visualization tools in the financial data domain (2008). https://www.slideserve.com/more/the-visualization-of-financial-data

  24. Lugmayr, A., Stockleben, B., Scheib, C., Mailaparampil, M.: Cognitive big data. survey and review on big data research and its implications: what is really “new”? cognitive big data! J. Knowl. Manag. (JMM) 21(1), 197–212 (2017)

    Article  Google Scholar 

  25. Lugmayr, A., Stockleben, B., Scheib, C., Mailaparampil, M., Mesia, N., Ranta, H.: A comprehensive survey on big data research and it’s implications - what is really ‘new’ in big data? it’s cognitive big Data. In: Ting-Peng, L., Shin-Yuan, S.-I.C., Patrick, H., Chau, Y.K. (ed.) Proceedings of the 20th Pacific-Asian Conference on Information Systems (PACIS 2016) (2016)

    Google Scholar 

  26. Pogorelc, B., et al.: Semantic ambient media: from ambient advertising to ambient-assisted living. Multimed. Tools Appl. 58, 399–425 (2012)

    Article  Google Scholar 

  27. Lugmayr, A., Risse, T., Stockleben, B., Kaario, J., Laurila, K.: Special issue on semantic ambient media experiences. Multimedia Tools Appl. 44, 331–335 (2009)

    Article  Google Scholar 

  28. Lugmayr, A.: Applying “design thinking” as a method for teaching in media education. In: Proceedings of the 15th International Academic MindTrek Conference: Envisioning Future Media Environments, pp. 332–334. ACM, New York (2011)

    Google Scholar 

  29. Lugmayr, A., Jalonen, M., Zou, Y., Libin, L., Anzenhofer, S.: Design thinking in media management education - a practical hands-on approach. In: Lugmayr, A., Risse, T., Stockleben, B., Kaario, J., Pogorelc, B., Asensio, E.S. (eds.) 4th Semantic Ambient Media Experience (SAME) Workshop in Conjunction with the 5th International Convergence on Communities and Technologies. Tampere Univ. of Technology (TUT), Brisbane, Australia (2011)

    Google Scholar 

  30. Lugmayr, A., Stockleben, B., Zou, Y., Anzenhofer, S., Jalonen, M.: Applying design thinking in the context of media management education. Multimed. Tools Appl. 71(1), 1–39 (2013)

    Article  Google Scholar 

  31. Woods, A., Datta, S., Bourke, P., Hollick, J.: The design, install and operation of a multi?user, multidisplay visualisation facility (in preparation)

    Google Scholar 

  32. Lim, Y.J., Lugmayr, A.: Interactive Creative Visualisation of Financial Markets Data in the Energy Sector. Curtin University (2018)

    Google Scholar 

Download references

Acknowledgements

We would like to thank the Curtin HIVE and its team (namely Andrew Woods) [31], for help in creating the project prototype. We also would like to thank the Curtin Institute for Computation (CIC) for the financial grant which supported the project development. The project was conducted as part of the 2017/2018 HIVE summer internship scheme [32].

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Artur Lugmayr .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Lugmayr, A., Lim, Y.J., Hollick, J., Khuu, J., Chan, F. (2019). Financial Data Visualization in 3D on Immersive Virtual Reality Displays. In: Mehandjiev, N., Saadouni, B. (eds) Enterprise Applications, Markets and Services in the Finance Industry. FinanceCom 2018. Lecture Notes in Business Information Processing, vol 345. Springer, Cham. https://doi.org/10.1007/978-3-030-19037-8_8

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-19037-8_8

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-19036-1

  • Online ISBN: 978-3-030-19037-8

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics