(CrowdFundInsider) Deutsche Börse, the German stock exchange company, has reportedly completed the pilot or testing of various quantum computing algorithms which are used to evaluate or create risk models.
The pilots found that quantum tech may bring down the time needed for certain simulations from years to within hours.
Deutsche Börse revealed that it worked cooperatively with JoS Quantum to create a quantum computing algorithm that would be able to address some of the existing limitations of risk models.
These types of models are mainly used for forecasting the potential financial impact of negative external developments like certain macroeconomic events, major changes in competition, or the introduction of new regulatory measures.
German Stock Exchange Operator Deutsche Börse Says Quantum Computing in Risk Management May be Introduced in a Few Years
