Citi and Classiq advance quantum solutions for portfolio optimization using Amazon Braket

Mira Gross
Developer
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Date
08 Feb 2024
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Date
6 March 2024
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Citi Innovation Labs, a group tasked with identifying and harnessing emerging technology for Citi, partnered with Classiq on this project for their expertise and support. Classiq’s stack allows modeling at a higher level of abstraction tailored for quantum software development, bridging the gap between the quantum information and financial worlds, offering access to subject-matter experts and tools that make it easy to design quantum algorithms. Classiq uses Amazon Braket to access on-demand simulators and quantum processing units (QPUs).

In this post, we’ll describe our results using quantum computers to study portfolio optimization with the Israel-based startup, Classiq.

Read the full press release from Amazon AWS here.

Citi Innovation Labs, a group tasked with identifying and harnessing emerging technology for Citi, partnered with Classiq on this project for their expertise and support. Classiq’s stack allows modeling at a higher level of abstraction tailored for quantum software development, bridging the gap between the quantum information and financial worlds, offering access to subject-matter experts and tools that make it easy to design quantum algorithms. Classiq uses Amazon Braket to access on-demand simulators and quantum processing units (QPUs).

In this post, we’ll describe our results using quantum computers to study portfolio optimization with the Israel-based startup, Classiq.

Read the full press release from Amazon AWS here.

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