Puremagnetik released Parallax | Frequency Orbiting Station, a unique effect that is part vocoder and part echo/reverb matrix. It can create subtle, modulating filter effects that swell and transform through beautiful, algorithmic spaces. At its heart is a 10-band filterbank that can be shifted in real time to bring out resonances, shift tonal balance and animate specific frequencies. The output of the filter stage is processed by a simple yet effective delay line and algorithmic blurring. With these two chains of processors sounds can be completely resculpted, transformed and reconfigured in frequency and spatial balance.
More info here: Puremagnetik | Parallax | Frequency Orbiting Station