Posts tagged with: FinTech

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...

Cambridge Quantum and Deutsche Bahn Netz AG Leverage Latest Quantum Algorithms to Optimise Train Scheduling

CAMBRIDGE, England, Nov. 11, 2021 /PRNewswire/ -- Cambridge Quantum (CQ) and Deutsche Bahn Netz AG (DB) announce today a partnership to explore how quantum computers can improve the rescheduling of rail traffic as...

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...