Goldman, IBM lay out quantum road map for derivatives pricing

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The pricing of derivatives is computationally intensive, and becoming more so as derivatives become more complex. It’s a process that could – and perhaps one day will – be improved using a quantum computer, according to executives at Goldman Sachs and IBM.

Last year, the two firms set out to estimate the quantum computing resources needed to achieve quantum advantage for derivatives pricing. The results of their study were published in mid-December.

Today, financial firms use Monte Carlo

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net