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

Insider Brief A collaboration of companies demonstrated how a new algorithm run on a quantum annealing system can optimize investment portfolios automatically with returns that match traditional portfolios. Multiverse Computing, Protiviti and Ally Financial worked together on the project. The researchers used hybrid classical-quantum approaches to build investment portfolios for companies in the Nasdaq 100 […]