June 1, 2021 · 1 min read

QUANTUM COMPUTING IN FINANCIAL SERVICES

As noted in recent announcements, quantum innovation is already impacting the cloud technologies used today.

Multiverse Computing

QUANTUM COMPUTING IN FINANCIAL SERVICES

As noted in recent announcements, quantum innovation is already impacting the cloud technologies used today. While experts believe that it will take 10-20 or more years to solve quantum computing’s engineering challenges and take the technology mainstream, many F.I.s are investing in technologies now with a ten or more year lifespan. This potential implementation overlap makes investing quantum standards and technology critical. Developing a quantum strategy will be key for all F.I.’s over the next three years to future proof their investments, data security and maintain pace with innovative players in the industry.

As published in Capco.

About Multiverse Computing

Multiverse Computing is the leader in quantum-inspired AI model compression. The company’s deep expertise in quantum software led to the development of CompactifAI, a revolutionary compressor that reduces computing requirements and unleashes new use cases for AI across industries. Headquartered in Donostia, Spain, with offices in the United States, Canada, and across Europe, Multiverse serves more than 100 global customers, including Iberdrola, Bosch, and the Bank of Canada.

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