If you are a Tier-1 Investment Bank dealing with slow derivative pricing, this project developed a deep pricing methodology that increases speed and efficiency up to 15,000x compared to traditional Monte Carlo methods. This allows for near-instantaneous pricing of complex financial instruments.
Quantum-Powered Software Toolkit for High-Speed Financial Risk and Asset Management
Imagine a super-calculator that can solve financial puzzles in seconds that would take today's best computers years to finish. It uses a mix of quantum physics and smart math to predict market risks and price complex investments. The best part is that you don't need to be a physicist to use it; it works like a standard app for finance pros.
What needed solving
Financial institutions struggle with the extreme computational cost and time required to price complex derivatives and manage risk in high-dimensional markets using classical computers.
What was built
A quantum software toolkit featuring a Quantum Monte Carlo SDK and deep pricing methodologies for derivatives and portfolio valuation.
Who needs this
Who can put this to work
If you are a Hedge Fund dealing with high-dimensional portfolio valuation, this project developed a tensor network-enhanced deep learning tool. It provides more accurate Swaption pricing and better investment optimization than standard classical methods.
If you are a National Central Bank dealing with global financial instability, this project developed a QUBO-based quantum approach for analyzing network stability. This helps in monitoring and improving the stability of global financial markets.
Quick answers
What is the cost or pricing model for the toolkit?
Based on available project data, specific pricing plans are not listed, but the project was supported by a EUR 2,500,000 EU contribution to develop the proprietary algorithms.
Can this be used at an industrial scale today?
Yes, the toolkit has been tested in proof-of-concept trials with leading financial institutions using real quantum computers and is designed to integrate into standard financial software.
Who owns the IP and how is it licensed?
The toolkit contains proprietary quantum and quantum-inspired algorithms developed by Multiverse Computing SL. Licensing details are not explicitly provided in the report.
How difficult is it to integrate into existing systems?
Integration is seamless because the toolbox autonomously handles data preprocessing, meaning quantitative staff can use it without specialized quantum computing training.
What is the timeline for deployment?
The project period ran from 2022-09-01 to 2024-12-31, indicating the tools have been developed and tested through the end of 2024.
Who built it
The project is highly concentrated, led by a single Spanish SME, Multiverse Computing SL, with a 100% industry ratio. This lean structure suggests a strong focus on commercialization and rapid product iteration rather than academic research, leveraging the SME's agility to dominate the quantum finance niche.
Contact Multiverse Computing SL in Spain
Talk to the team behind this work.
Contact us to explore licensing or implementation of the SINGULARITY toolkit.