Almost certainly not as snazzy as what Ben B. has promised, but here's an interpretation of the Split and Colorize effect that was quite a popular subject last week.
You can choose the angle of the cut, from horizontal or vertical to two types of angled cut. Sliders control the amount of separation of the cut and can of course be animated. And the center of the split can be offset as desired either horizontally or vertically.
There's a drop zone for the center panel and various filters including a colorize and directional blur for the border (as well as a negative option) and saturation and contrast controls for the center panel, plus Blend mode control.
Double click to open and then either use the enlosed MTT (Motion Template Tool) installer (highly recommended that you get into the habit of using this!) or drag the "TKY Cut and Shut 1.0.1" folder to your Motion Templates/Effects folder in the usual way.