Posts tagged with: FinTech

Quantum Algorithm Developed for Financial Services Sector Successfully Builds High-Return, Low-Risk Portfolios

Researchers from Multiverse Computing and Protiviti, working with Ally Financial, have released a study demonstrating how a new algorithm run on a quantum annealing system (a technology for finding optimal...

Financial Firms Seek Edge in Algorithms Inspired by Quantum Computing

Applications of quantum-inspired optimization problems can yield solutions anywhere from 1% to 10% more accurate than existing approaches and can come to solutions anywhere from two to three times as...

New to the Scene, Sandbox AQ Comes Equipped With a Stacked Board of Directors

Sandbox AQ's vision has attracted some of the world's top business leaders including Eric Schmidt, who is now chairman of Sandbox AQ's board of directors....

CLASSIQ, NTT DATA, Collaborate on Quantum Algorithm Design for Financial Modeling

Classiq, which provides a breakthrough Quantum Algorithm Design platform, today announced that it is working with NTT DATA to implement novel credit risk analysis algorithms using quantum computers. Credit risk...

Multiverse Partners With Ionq to Unlock the Power of Quantum Computing for Global Financial Companies

Multiverse Computing today announced a partnership with IonQ, the leader in trapped-ion quantum computing, which will enable financial services organizations to model risk more accurately and quickly than ever before,...

Fintech Getting a Boost With Multiverse’s Quantum Algorithms

Quantum algorithms that speed up banking operations 100x are here Forget what Goldman Sachs said about useful quantum computing being five years away in finance. Banks can already get a 100-fold...