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Look Before You Take That Quantum Leap

October 22, 2024 by Eugene Grygo

Look Before You Take That Quantum Leap

Quantum computing via cutting-edge hardware and algorithms is coming and there will be more hype as it gains ground in financial markets. First, a definition from IBM: “By taking advantage of quantum physics, fully realized quantum computers would be able to process massively complicated problems at orders of magnitude faster than modern machines. For a… Read More >>

Filed Under: Data Management, Ops Automation, Opinion, Minding the Gap, AML/Fraud/Financial Crime, Cybersecurity Tagged With: AI, automation, back office, compliance, cyber-security compliance, cybersecurity protection, data management, financial crime prevention, Quantum computing, quantum physics, wall street

Goldman Sachs & QC Ware’s Monte Carlo Breakthrough: Q&A

May 14, 2021 by Eugene Grygo

Goldman Sachs & QC Ware’s Monte Carlo Breakthrough: Q&A

(Editor’s note: Researchers at investment banking giant Goldman Sachs and quantum software vendor QC Ware Corp. made an unusual announcement late last month. They declared that they achieved a breakthrough for Monte Carlo simulations. However, they noted that the advancement may have more meaning in about five years. Simply put, the breakthrough is a quantum… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Data Management, Ops Automation, Risk Management, General Interest, Diversity, Equity, and Inclusion (DEI), Artificial Intelligence, Digital Transformation, FinTech Trends, Standards, Performance Measurement, Industry News Tagged With: automation, Goldman Sachs, hardware, Monte Carlo simulations, portfolio optimization, QC Ware, Quantum computing, software, wall street

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