JPMorgan's guide to quantum machine learning in finance
We suggested in January that it might be a good idea to familiarize yourself with quantum computing if you want to maximize your future employability in financial services. A new academic paper from JPMorgan's Future Lab for Applied Research and Engineering helps explain why. Authored by Marco Pistoia, JPMorgan's head of quantum technology and head of research, plus members of his team, the paper stresses that quantum computing will impact financial services sooner than you think. Goldman Sachs and JPMorgan have both been building teams of quantum researchers and Goldman has already used quantum methods to speed up derivatives pricing by over a thousand times. The finance industry stands to benefit from quantum computing "even in the short term," says JPMorgan.
Oct-9-2021, 00:15:59 GMT