In an effort to make quantum computing as accessible as possible, Multiverse Computing is releasing the Singularity spreadsheet app for quantum investment optimization.
The company, which combines quantum and quantum-inspired solutions to tackle complex open problems in finance, said in a blog post that it will give clients access to its portfolio optimization toolbox. They said they’re doing this by connecting all of the really complicated stuff — the quantum computer — to a simple, intuitive front-end.
“Quantitative analysts can now optimize investments on a quantum computer — D-Wave’s quantum annealer — directly from an Excel spreadsheet,” the team writes.
Headquartered in San Sebastian, with offices in Toronto, Canada and Paris, France, Multiverse is dedicated to using quantum computing to bring value to financial institutions today.
Enrique Lizaso, CEO of Multiverse, said: “This is a cornerstone in the way of using the power of Quantum Computing in Finance. No prior knowledge or familiarity with Quantum Mechanics or Quantum Computing is needed. Just open your spreadsheet and use directly the financial formulas you need, executed in a quantum computer, to solve problems that were previously out of reach.”
If you found this article to be informative, you can explore more current quantum news here, exclusives, interviews, and podcasts.
